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Property profile & analytics
OFF-MARKET
Estimated value
$6,685,000
Office buildings
1244 6th St, Santa Monica, CA 90401-1602
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6711270
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1963
Construction
WOOD
Total area
4,601 SF
Lot
0.17 ac (7,500 SF)
Zoning code
SMC3*
APN
4291-005-010
UPID
US09-6711270
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
-
Electric Vehicle Charging Station Electric Vehicle Charging Station
-
Hampton Vehicle Towings & Co Auto Parts Store
-
West Coast Investors Real Estate Agency
-
Da Vinci Associates Llc Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.69M
Owner & transaction history
Air & Water Studios 2 LLC · 1 yrs held
Air & Water Studios 2 LLC
since 2025
Last sale
$6.3M
7 recorded transactions
Zoning & alternative use
SMC3* · 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
Method
Estimation
Statistic approach
$7,180,000
ML approach
$7,010,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.69M
Range $6.02M – $7.35M · ±10% · vs last sale $6.27M (Feb 12 2025)
Last sale anchor
$6.27M
Feb 12 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,453 / 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
$43,891
Tax year 2024
Assessed value
$3,516,949
Assessed 2024
Previous assessed
$3,516,949
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$2,637,715
Assessed improvement
$879,234
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,601 SF
Lot
0.17 ac (7,500 SF)
Zoning code
SMC3*
APN
4291-005-010
UPID
US09-6711270
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMC3* · Santa Monica, CA
Zoning SMC3* · permitted uses
SMC3* · 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
1963
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Air & Water Studios 2 LLC
Entity
Mailing address
16217 KITTRIDGE ST, VAN NUYS, CA 91406-5815
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2025
—
Air & Water Studios 2 LLC
Air & Water Studios LLC
Deed
related
—
Oct 3, 2024
$6,270,000
Airwater Studios LLC
1244 Sixth Street Property LLC
Grant Deed
$4,700,000 · Wells Fargo Bank NA
Dec 1, 2016
—
1244 Sixth Street Property LLC
—
Deed
related
$1,900,000 · Wells Fargo Bk
Nov 16, 2010
—
1244 Sixth Street Property LLC
Argyropoulos Investors
Grant Deed
—
Sep 10, 2010
$2,800,000
Argyropoulos Investors
Robhana Investments LLC
Grant Deed
—
Sep 9, 2010
—
Robhana Investments LLC
Robhana INC
Quit Claim Deed
related
—
Jun 14, 2010
$1,800,000
Robhana INC
Trustee Corps
Trustees Deed
related
$1,800,000 · M&y Management INC
Jun 7, 2010
$100,000
Robhana INC
Integrated Lender Services
Trustees Deed
related
—
Jun 12, 2006
—
Jsm Parma LLC
Craig D Jones
Grant Deed
—
Sep 10, 2003
—
Craig D Jones
1244 6th Street LLC
Grant Deed
$1,500,000 · Argent Co
Oct 23, 2002
—
St Th
Chancery Building
Grant Deed
related
—
—
—
Jsm Parma LLC
—
Deed Of Trust
related
$6,915,000 · Key Bank NA
—
—
1244 Sixth Street Property LLC
—
Loan Modification
related
$1,900,000 · Wells Fargo Bk
—
—
1244 6th Street LLC
—
Deed Of Trust
related
$500,000 · Bank Of America
—
—
Craig D Jones
—
Deed Of Trust
related
$900,000 · Argent Corp Retirement Trust
—
—
Jsm Parma LLC
—
Deed Of Trust
related
$3,200,000 · Robhana INC
—
—
Robhana INC
—
Deed Of Trust
related
$1,800,000 · M&y Management INC
—
—
Chancery Bldg
—
Deed Of Trust
related
$653,000 · California Federal Bank
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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