Property profile & analytics
1312 19th St Santa Monica, CA 90404-1928
- Apartment buildings
- 8,903 SF
- 0.17 lot acres
OFF-MARKET
Value Estimations
$1,775,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US09-7884034
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
- Socal Hardwood Floors / Carpet & Flooring Store / Hardware & Home Improvement
Property Details for 1312 19th St
- Year built
- 1969
- Construction
- WOOD
- Lot size
- 0.17 lot acres
- Property size
- 8,903 SF
- Zone code
- SMR2*
- Property type
- Apartment buildings
- APN
- 4276-029-003
- APU
- 4276029003
Description
This exceptional value-add opportunity presents a 6-unit apartment building in desirable Santa Monica, CA (APN 4276-029-003). The property, built in 1969, boasts 8,903 square feet on a 7,507 square foot lot and is zoned SMR2. Currently operating at 50% occupancy, the property offers a compelling investment with a current NOI of $199,746 and a projected NOI of $247,497, translating to a 5.06% cap rate and a pro-forma cap rate of 6.27%. The asking price is $3,950,000, or $443.67 per square foot and $658,333.33 per unit. The unit mix includes one large 4-bedroom, 2.5-bathroom townhouse (over 2,000 sq ft) with a private gated patio, formal dining area, wet bar, two fireplaces, in-unit laundry, and a finished basement (potential ADU conversion)
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,390,000
- 6.5%
- $2,205,000
- 7%
- $2,045,000
-
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $2,895,000 Current use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Santa Monica
- County
- Los Angeles
- State
- California
- Longitude
- -118.482
- Latitude
- 34.0287
- 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
$39,496
$2,043,102
$1,201,823
$3,244,925
-
$0.00
$0.00
$0.00
