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Property profile & analytics
OFF-MARKET
Office buildings
1021 Pico Blvd, Santa Monica, CA 90405-1415
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-6277820
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1923
Construction
WOOD
Total area
480 SF
Lot
0.07 ac (2,875 SF)
Zoning code
SMC4*
APN
4283-024-002
UPID
US09-6277820
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Advantage Real Estate Real Estate Agency
-
Single Moms Planet Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David Rosenfeld · 1 yrs held
David Rosenfeld
since 2024
Last sale
$455,000
7 recorded transactions
Zoning & alternative use
SMC4* · Santa Monica, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Santa Monica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Monica submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$7,958
Tax year 2024
Assessed value
$621,780
Assessed 2024
Previous assessed
$621,780
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$601,290
Assessed improvement
$20,490
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1923
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Total area
480 SF
Lot
0.07 ac (2,875 SF)
Zoning code
SMC4*
APN
4283-024-002
UPID
US09-6277820
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMC4* · Santa Monica, CA
Zoning SMC4* · permitted uses
SMC4* · Santa Monica, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Monica. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1923
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
David Rosenfeld
Individual
Mailing address
1021 PICO BLVD, SANTA MONICA, CA 90405-1415
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2024
—
David Rosenfeld
David Rosenfeld
Intrafamily Transfer
related
—
Nov 4, 2021
—
David Rosenfeld
—
Deed
related
$64,734 · Sue Linda Edelman
Aug 15, 2014
—
David Rosenfeld
David Rosenfeld
Intrafamily Transfer
related
$271,400 · Green Tree Servicing LLC
Sep 26, 2005
—
David Rosenfeld
Rosenfeld,tara
Quit Claim Deed
related
$318,000 · Bondcorp Realty Services INC
Apr 6, 2005
—
David Rosenfeld
Rosenfeld,martin
Quit Claim Deed
related
—
Oct 13, 2004
$455,000
Martin Rosenfeld
Kittiyachavalit,supatra
Grant Deed
—
Oct 13, 2004
—
Martin Rosenfeld
Rosenfeld,beatrice
Quit Claim Deed
related
—
Jun 29, 1994
—
Supatra Kittiyachavalit
Kittiyachavalit,
Quit Claim Deed
related
—
Apr 27, 1994
$110,000
Kitti Kittiyachavalit
Beatrice M Roth
Grant Deed
$82,500 · Royal Thrift & Loan
Jan 3, 1993
—
Roth Beatrice Decd Est Of
—
Deed Of Trust
related
—
—
—
David Rosenfeld
—
Deed Of Trust
related
$190,000 · Countrywide Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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