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Property profile & analytics
OFF-MARKET
Estimated value
$2,545,000
Investment properties
1212 5th St Santa Monica, CA 90401-1400
Entity Owned
21-yr Hold
Absentee Owner
Property ID
US09-6994309
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1994
Construction
WOOD
Total area
11,747 SF
Lot
0.2 ac (8,497 SF)
Zoning code
SMC3C*
APN
4291-004-002
UPID
US09-6994309
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
-
Eric A. Nepomnaschy, DC Alternative Medicine Practice
-
Santa Monica Industrial Waste City Government Office
-
Center for Human Potential Training Center Tutoring Service
-
Lola Fox-Rabinovich Alternative Medicine Practice Acupuncture
-
Prism Design Co Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.55M
Owner & transaction history
Wilshire & 5th I LLC · 21 yrs held
Wilshire & 5th I LLC
since 2004
4 recorded transactions
Zoning & alternative use
SMC3C* · 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
$217 / SF
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
$41,216
Tax year 2024
Assessed value
$3,143,133
Assessed 2024
Previous assessed
$3,143,133
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$2,186,533
Assessed improvement
$956,600
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1994
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
11,747 SF
Lot
0.2 ac (8,497 SF)
Zoning code
SMC3C*
APN
4291-004-002
UPID
US09-6994309
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMC3C* · Santa Monica, CA
Zoning SMC3C* · permitted uses
SMC3C* · 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
1994
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Wilshire & 5th I LLC
Entity
Mailing address
15332 ANTIOCH ST #353, PACIFIC PALISADES, CA 90272-3603
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2004
$1,794,000
Wilshire & 5th I LLC
1212 5th Street Santa Monica
Grant Deed
related
—
May 13, 1993
$435,000
Street Santa Monica 1212 5th
Santa Monica Ban
Grant Deed
related
—
—
—
St 1212 5th
—
Deed Of Trust
related
$1,500,000 · First Union National Bank
—
—
St Santa Monica 1212 5th
—
Deed Of Trust
related
$950,000 · John Alden Life Insurance
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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