Property profile

1237 3rd St Promenade Santa Monica, CA 90401

OFF-MARKET
Office buildings
Property ID
US09-6998502
3,180 SF 0.1 ac lot Built 1954
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1954
Construction TILT-UP CONCRETE
Total area 3,180 SF
Lot 0.1 ac (4,497 SF)
Zoning code SMBSC1*
APN 4291-003-013
UPID US09-6998502

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Engineering Consultant
  • Restaurant
  • Restaurant

Location

1237 3rd St Promenade Santa Monica, CA 90401-1307
Santa Monica metro Census 701902 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.14M
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2007
3 recorded transactions
2007
Price N/A
1972
Price N/A
1969
Price N/A

Zoning & alternative use

SMBSC1* · 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1237 3rd St Promenade?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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