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

    11540 Santa Monica Blvd Los Angeles, CA 90025-7905

    • Investment properties
    • 12,452 SF
    • 0.29 lot acres
    OFF-MARKET
    Last Sale
    Jul 13, 2022
    Value Estimations
    $2,195,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7076834
    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

    • Kitov Inc / Take-out & Catering / Butcher
    • Chiropractic Pain Relief / Physician
    • Dr. Carolyn Wong, OD & Associates / Physician
    • ABS Shoring Inc. / Construction Company
    • kourosh Harounian DPM / Physician

    Property Details for 11540 Santa Monica Blvd

    Year built
    1987
    Construction
    WOOD
    Lot size
    0.29 lot acres
    Property size
    12,452 SF
    Zone code
    LAC2
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    4261-012-039
    APU
    4261012039

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.452
    Latitude
    34.045
    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
    $49,669
    $1,595,376
    $2,400,189
    $3,995,565
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,140,000
      4,510 SF

      11906 Wilshire Blvd

      STORE/OFFICE (MIXED USE) • 4,510 SF
      11906 Wilshire Blvd, Los Angeles, CA 90025-6632
      View Details
    • Value Estimation
      $2,415,000
      18,240 SF

      11628 Santa Monica Blvd

      STORE/OFFICE (MIXED USE) • 18,240 SF
      11628 Santa Monica Blvd, Los Angeles, CA 90025-2900
      View Details
    • Value Estimation
      $3,745,000
      25,937 SF

      2101 Sawtelle Blvd

      STORE/OFFICE (MIXED USE) • 25,937 SF
      2101 Sawtelle Blvd, Los Angeles, CA 90025-6200
      View Details
    • Value Estimation
      $515,000
      2,386 SF

      11964 Wilshire Blvd

      STORE/OFFICE (MIXED USE) • 2,386 SF
      11964 Wilshire Blvd, Los Angeles, CA 90025-6665
      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
    • Value Estimation
      $17,005,000
      84,850 SF

      2140 Butler Ave

      STORE/OFFICE (MIXED USE) • 84,850 SF
      2140 Butler Ave, Los Angeles, CA 90025-7145
      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
    • Contact for pricing
      10,094 SF

      Creative/Flex Building in Los Angeles

      Multi-unit creative/flex building near Riot Games headquarters.
      11751 Mississippi Ave, Los Angeles, CA 90025
      View Details
    • $3,250,000
      7,055 SF

      West Los Angeles 10-Unit Apartment Building

      West Los Angeles 10-Unit Apartment Building
      1738 Colby Ave, Los Angeles, CA 90025
      View Details
    • Contact for pricing
      6,870 SF

      Santa Monica Blvd Commercial Property

      Commercial property available for sale on Santa Monica Blvd.
      11957 Santa Monica Blvd, Los Angeles, CA 90025
      View Details
    • $2,800,000
      5,503 SF

      West Los Angeles Multifamily Investment

      Eleven-unit apartment building in prime Westside location.
      1519 Armacost Ave, Los Angeles, CA 90025
      View Details

    Similar Nearby for Lease

    • 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

      Retail, Showroom, and Warehouse Space

      Retail, showroom, and warehouse space available for lease.
      11517 Santa Monica Blvd, Los Angeles, CA 90025
      View Details
    • Contact for pricing

      Renovated Mixed-Use Building in Brentwood

      Class A office and retail space in prime location.
      11755 Wilshire Blvd, Los Angeles, CA 90025
      View Details
    • Contact for pricing

      West Los Angeles Office Suites

      Office suites in West LA near 405 freeway.
      1539 Sawtelle Blvd, Los Angeles, CA 90025
      View Details
    • Contact for pricing

      Retail Space on Santa Monica

      Retail space in a prominent West LA location.
      11573 Santa Monica Blvd, Los Angeles, CA 90025
      View Details
    • Contact for pricing
      1,000 SF

      Westwood Boulevard Office Space Available

      Second floor office space available for rent in Los Angeles.
      1951-1953 Westwood 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.
    11540 Santa Monica Blvd
    Los Angeles, CA 90025-7905
    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!