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Financial
Distress signals
Property profile

1318 3rd St Promenade Santa Monica, CA 90401

OFF-MARKET
Office buildings
Property ID
US10-0312238
21,000 SF 0.17 ac lot Built 1945
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$58k
Tax billed · 2024
Assessed value$2.70M
Assessed land$401k
Assessed improvement$2.29M
Effective rate2.16%

Value estimate

· Oct 2026
$6.66M
$5.99M – $7.32M
CAP approach$7.54M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$2,533/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$850 – $6,177
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
SMBSC1*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store15.0
Auto Parts Store11.8
Pet Grooming Service11.2

Location

1318 3rd St Promenade Santa Monica, CA 90401-1310
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
225 Arizona, Santa Monica, CA 90401-1243 $550,000 Aug 2024 26,266 SF
301 Arizona, Santa Monica, CA 90401-1394 $22,250,000 Jun 2024 24,560 SF
1222 6th, Santa Monica, CA 90401-1602 $12,000,120 Dec 2022 8,641 SF
1540 7th, Santa Monica, CA 90401-2641 $6,050,060 Feb 2022 9,302 SF
1302 6th, Santa Monica, CA 90401 $19,000,190 Sep 2020 15,084 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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