The property is a freestanding creative building with a floor area of 6,317 square feet and is intended for retail use. It features a secured, gated entry, exposed ceilings, and abundant natural light. The building was recently renovated and is located near the beach, Third Street Promenade, and Santa Monica’s Media District, with access to the Santa Monica (10) Freeway and Pacific Coast Highway (1). It is within walking distance of the Downtown Santa Monica Expo Station.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?

$51k

Tax billed · 2024

Assessed value$4.35M

Assessed land$4.03M

Assessed improvement$318k

Effective rate1.18%

Value estimate

· Nov 2026

$3.32M

$2.99M – $3.65M

AI approach$3.48M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?

$761/SF

Submarket average, outlier-cleaned · 32 recorded sales of this use type

Observed band · Q1–Q3$491 – $1,281

Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

SMC4*

JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?

Best fit: Chinese Restaurant

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Chinese Restaurant8.1

Butcher8.1

Laundromat7.9

1020 Pico Blvd Santa Monica, CA 90405-1416

County assessor Recorded deeds · 8 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby

Address Sale price Sold Size

2941 Main, Santa Monica, CA 90405-6405 $7,200,000 Dec 2024 4,757 SF

913 Pico, Santa Monica, CA 90405-1379 $3,225,032 Jul 2022 5,021 SF

2802 Main, Santa Monica, CA 90405-4010 $2,535,025 Jun 2022 3,800 SF

2801 Ocean Park, Santa Monica, CA 90405-2905 $1,500,000 Apr 2022 3,409 SF

2701 Pico, Santa Monica, CA 90405-1917 $271,039 Oct 2021 3,083 SF

907 Pico, Santa Monica, CA 90405-1326 $4,600,046 Jul 2021 6,708 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$1,035,000

4,600 SF

3101 Pico Blvd

STORE/OFFICE (MIXED USE)

3101 Pico Blvd, Santa Monica, CA 90405-2005

View Details
Value Estimation
$945,000

4,202 SF

3026 Pico Blvd

STORE/OFFICE (MIXED USE)

3026 Pico Blvd, Santa Monica, CA 90405-2004

View Details
Value Estimation
$1,135,000

5,116 SF

3105 Pico Blvd

STORE/OFFICE (MIXED USE)

3105 Pico Blvd, Santa Monica, CA 90405-2005

View Details
Value Estimation
$750,000

3,988 SF

1730 Ocean Park Blvd

OFFICE/RESIDENTIAL (MIXED USE)

1730 Ocean Park Blvd, Santa Monica, CA 90405-4902

View Details
Value Estimation
$2,360,000

3,800 SF

2802 Main St

OFFICE/RESIDENTIAL (MIXED USE)

2802 Main St, Santa Monica, CA 90405-4010

View Details
Value Estimation
$770,000

3,286 SF

2917 Pico Blvd

OFFICE/RESIDENTIAL (MIXED USE)

2917 Pico Blvd, Santa Monica, CA 90405-2001

View Details