Technical
Financial
Distress signals
Property profile

1339 3rd St Promenade Santa Monica, CA 90401

OFF-MARKET
Investment properties
Property ID
US09-6994092
21,060 SF 0.17 ac lot Built 1925
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1925
Construction TILT-UP CONCRETE
Total area 21,060 SF
Lot 0.17 ac (7,519 SF)
Zoning code SMBSC1*
APN 4291-012-013
UPID US09-6994092

Cap rate & NOI

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

Location

1339 3rd St Promenade Santa Monica, CA 90401
Santa Monica metro Census 701902 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$17.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$15.46M
Blend (final) Blend
$17.00M

Owner & transaction history

since 2024
Last sale
$17.0M
7 recorded transactions
2026
Price N/A
2024
$17.0M
1996
Price N/A
1994
Price N/A
1994
$550,000
1989
Price N/A
1969
Price N/A

Zoning & alternative use

SMBSC1* · Santa Monica, CA
Top alternative use upside
Industrial (general) $24.8M +55.0%
Retail stores $22.2M +38.6%

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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