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Property profile & analytics
OFF-MARKET
Estimated value
$2,165,000
Investment properties
1349 Yale St Santa Monica, CA 90404-2443
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6990577
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1923
Construction
TILT-UP CONCRETE
Total area
13,656 SF
Lot
0.44 ac (19,135 SF)
Zoning code
SMC4*
APN
4267-011-087
UPID
US09-6990577
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
-
Yale supplies (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$2.17M
Owner & transaction history
Smhc 23 LLC · 2 yrs held
Smhc 23 LLC
since 2023
7 recorded transactions
Zoning & alternative use
SMC4* · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.17M
Range $1.95M – $2.38M · ±10%
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
$159 / 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
$161,284
Tax year 2024
Assessed value
$13,700,000
Assessed 2024
Previous assessed
$13,700,000
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$13,000,000
Assessed improvement
$700,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
4
Units
6
Bathrooms
6
Total area
13,656 SF
Lot
0.44 ac (19,135 SF)
Zoning code
SMC4*
APN
4267-011-087
UPID
US09-6990577
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMC4* · Santa Monica, CA
Zoning SMC4* · permitted uses
SMC4* · 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
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
4
Units
6
Bathrooms
6
Lot
0.44 ac
Current owner
From public records · entity-resolved
Smhc 23 LLC
Entity
Mailing address
4751 WILSHIRE BLVD STE #110, LOS ANGELES, CA 90010-3838
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2023
$16,000,000
Smhc 23 LLC
Nms Yale LLC
Deed In Lieu Of Foreclosure
related
—
Sep 23, 2021
—
Nms Yale LLC
—
Deed
related
$16,000,000 · Hankey Capital LLC
Sep 17, 2021
—
Nms Yale LLC
—
Deed
related
$12,000,000 · Hankey Capital LLC
Jun 15, 2021
—
Nms Yale LLC
—
Deed
related
$7,500,000 · Lone Oak Fund LLC
Dec 21, 2018
—
Nms Yale LLC
—
Grant Deed
related
$8,425,000 · Terracotta Credit Reit LLC
Dec 27, 2017
—
Nms Yale LLC
—
Deed
related
$8,000,000 · Waterfall Bridge Capital LLC
Mar 19, 2013
—
Nms Yale LLC
—
Grant Deed
related
$2,500,000 · California Republic Bk
Feb 16, 2012
$1,996,500
Nms Yale LLC
Maria H Tuttle
Grant Deed
—
May 27, 2009
—
Tuttle,maria H
Bradley Martha H Trust
Quit Claim Deed
related
—
Nov 3, 2008
—
Hummer,maria
Hummer G & E Living Trust
Correction Deed
related
—
Sep 2, 2003
—
Hummer,tr
Hummer,tr
Quit Claim Deed
related
—
Nov 20, 1964
—
—
—
Grant Deed
related
—
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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