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Property profile & analytics
OFF-MARKET Estimated value $655,000
Investment properties

1131 Montana Ave Santa Monica, CA 90403-1609

3,696 SF 0.07 ac lot Built 1946
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US09-6705632
Property summary
AI-generated overview

This exceptional two-story commercial property at 1131 Montana Avenue in Los Angeles County offers a diverse range of office and retail spaces, perfect for businesses seeking flexible and adaptable solutions. The building boasts a total of 2,207 square feet, currently featuring multiple tenancies. Currently, there are six individual office spaces available, ranging in size to accommodate various business needs. The property's versatile layout includes executive office suites, showroom space, and even 40 square feet of dedicated storage, providing ample room for both operations and storage requirements. With 184 square feet currently vacant, this presents a unique opportunity to customize and expand your business footprint within a well-established location. The building's strategic location in Los Angeles County offers excellent access to major transportation routes, ensuring convenient commutes for employees and clients alike. This property is ideal for businesses seeking a blend of modern functionality and prime Los Angeles County location. The multiple tenancy structure allows for a flexible arrangement, catering to businesses of various sizes and operational needs. Don't miss this chance to secure your ideal workspace in this thriving area. Inquire today to learn more about the available spaces and lease options.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1946
Construction WOOD
Total area 3,696 SF
Lot 0.07 ac (2,879 SF)
Zoning code SMC2*
APN 4280-025-018
UPID US09-6705632
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
  • Dr. Elena Gabor, Hypnosis / Hypnotherapy, Regression Hypnosis, Hypnotherapy Certification Programs Alternative Medicine Practice
  • MARC S GOLUB, a Professional Chiropractic Corp. Alternative Medicine Practice
  • Foundation Pilates Gym & Fitness Center
  • Van Halsema Gym & Fitness Center
  • peakPRgroup Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$655k
Owner & transaction history
Edh Ent LLC · 19 yrs held
Edh Ent LLC
since 2006
7 recorded transactions
2006
Price N/A
2006
Price N/A
2005
Price N/A
2005
$2.7M
2003
Price N/A
1996
Price N/A
1989
$945,000
Zoning & alternative use
SMC2* · Santa Monica, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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