Technical
Financial
Distress signals
Property profile

1231 16th St Santa Monica, CA 90404

OFF-MARKET
Medical Office Space
Property ID
US09-9787825
54,572 SF 0.69 ac lot Built 2011
Individually Owned 20-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2011
Construction CONCRETE
Total area 54,572 SF
Lot 0.69 ac (29,993 SF)
Zoning code SMCP3*
APN 4282-001-901
UPID US09-9787825

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1231 16th St Santa Monica, CA 90404
Santa Monica metro Census 701502 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$15.92M
Comparable Approach Comparable
by Request
Blend (final) Blend
$14.44M

Owner & transaction history

Zoning & alternative use

SMCP3* · Santa Monica, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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