Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11175 Santa Monica Blvd Los Angeles, CA 90025-3330

    • Investment properties
    • 67,519 SF
    • 0.25 lot acres
    OFF-MARKET
    Last Sale
    Mar 29, 2023
    $31,500,315
    Value Estimations
    $29,130,000
    Show details
    Cap Rate Potential
    4.1%
    Investment properties
    Location Intelligence
    Property ID
    US09-6305595
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ing ATM / Atm
    • Hollywood Reporter / Publishing House
    • AIAS Foundation / Charitable Organization
    • DICE Europe / Arcade & Gaming Center / Electronics & Wireless Store
    • Variety / Media Distribution

    Property Details for 11175 Santa Monica Blvd

    Year built
    1986
    Construction
    STEEL FRAME
    Lot size
    0.25 lot acres
    Property size
    67,519 SF
    Zone code
    LAM1
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    4324-035-029
    APU
    4324035029

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $33,410,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $22,790,000
      6.5%
      $21,035,000
      7%
      $19,530,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $28,214,000
      Market price range: $8.64M - $34.0M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $20,225,000
      Current use
      AUTO REPAIR, GARAGE
      $36,705,000
      Change: +81% Conversion: Difficult
      OFFICE BUILDING
      $33,885,000
      Change: +68% Conversion: Easy
      MEDICAL BUILDING
      $30,760,000
      Change: +52% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $28,595,000
      Change: +41% Conversion: Difficult
      RETAIL STORES
      $27,720,000
      Change: +37% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $22,470,000
      Change: +11% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.446
    Latitude
    34.0475
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $391,542
    $11,730,000
    $20,400,000
    $32,130,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,810,000
      7,408 SF

      12222 Wilshire Blvd

      STORE/OFFICE (MIXED USE) • 7,408 SF
      12222 Wilshire Blvd, Los Angeles, CA 90025-1173
      View Details
    • Value Estimation
      $1,305,000
      7,452 SF

      Los Angeles, CA 90025

      STORE/OFFICE (MIXED USE) • 7,452 SF
      Los Angeles, CA 90025
      View Details
    • Value Estimation
      $1,390,000
      8,754 SF

      12112 Santa Monica Blvd

      STORE/OFFICE (MIXED USE) • 8,754 SF
      12112 Santa Monica Blvd, Los Angeles, CA 90025-2516
      View Details
    • Value Estimation by Request
      5,372 SF

      10600 Santa Monica Blvd

      STORE/OFFICE (MIXED USE) • 5,372 SF
      10600 Santa Monica Blvd, Los Angeles, CA 90025-4808
      View Details
    • Value Estimation by Request
      5,008 SF

      2001 Westwood Blvd

      STORE/OFFICE (MIXED USE) • 5,008 SF
      2001 Westwood Blvd, Los Angeles, CA 90025-6328
      View Details
    • Value Estimation
      $1,760,000
      8,331 SF

      10930 Santa Monica Blvd

      STORE/OFFICE (MIXED USE) • 8,331 SF
      10930 Santa Monica Blvd, Los Angeles, CA 90025-4539
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,192 SF

      Santa Monica Three-Unit Investment Property

      Rare, fully rented three-unit property near Wilshire district and Beverly Hills.
      11565 Iowa Ave, Los Angeles, CA 90025
      View Details
    • Contact for pricing
      7,697 SF

      Sawtelle Apartment Building in Prime Location

      9-unit apartment building in a desirable West Los Angeles location.
      11727 Ohio Ave, Los Angeles, CA 90025
      View Details
    • $2,525,000
      3,178 SF

      English Tudor Income Property

      Income property near Westwood Village and UCLA.
      1437 Greenfield Ave, Los Angeles, CA 90025
      View Details
    • Contact for pricing

      Westwood Condo with Multiple Balconies

      Top-floor corner unit with three balconies in Westwood.
      1920 Malcolm Ave, Los Angeles, CA 90025
      View Details
    • $2,395,000

      West L.A. Income Property

      Four-unit income property in a desirable West L.A. location.
      1329 S Saltair Ave, Los Angeles, CA 90025
      View Details
    • $7,000,000
      6,283 SF

      Prime Retail Development Opportunity

      Undeveloped parcel in sought-after area near Olympic Corridor & Japan Town.
      1814 Sawtelle Blvd, Los Angeles, CA 90025
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Renovated Mixed-Use Building in Brentwood

      Brentwood, CA: Prime Retail Opportunity
      11755 Wilshire Blvd, Los Angeles, CA 90025
      View Details
    • Contact for pricing

      Retail, Showroom, and Warehouse Space

      Los Angeles Warehouse: 3,297 SF Available
      11517 Santa Monica Blvd, Los Angeles, CA 90025
      View Details
    • Contact for pricing

      Santa Monica Blvd Commercial Space

      Commercial space available for lease on Santa Monica Blvd.
      10830 Santa Monica Blvd, Los Angeles, CA 90025
      View Details
    • Contact for pricing
      1,405 SF

      Retail Space on Santa Monica

      Retail space available for lease with high foot traffic.
      11870 Santa Monica Blvd, Los Angeles, CA 90025
      View Details
    • $3 SF/Yr

      Retail Space Near Santa Monica

      Retail space in West Los Angeles near major retailers.
      1716 Sepulveda Blvd, West Los Angeles, CA 90025
      View Details
    • Contact for pricing
      6,732 SF

      Two-Story Commercial Building For Rent

      Two-story commercial building with office space available for rent.
      11807 Santa Monica Blvd, Los Angeles, CA 90025
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11175 Santa Monica Blvd
    Los Angeles, CA 90025-3330
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!