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Property profile & analytics
OFF-MARKET
Estimated value
$12,930,000
Investment properties
1411 7th St Santa Monica, CA 90401-2683
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6368860
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2005
Construction
WOOD
Total area
45,226 SF
Lot
0.34 ac (14,984 SF)
Zoning code
SMC3*
APN
4291-021-030
UPID
US09-6368860
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
-
Pixster | Photo Booth Rental Los Angeles Party Supply Store Rental Equipment Company
-
Create LA Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Healthy Eyesight Optometry Physician
-
Jade Design Studio Hair Salon Nail Salon
-
Dripology Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.09M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.93M
Owner & transaction history
Pr Sm Biella LLC · 16 yrs held
Pr Sm Biella LLC
since 2009
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$15,265,000
6.5%
$14,090,000
7%
$13,085,000
Blend value · Realmo final
$12.93M
Range $11.64M – $14.22M · ±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
$286 / 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
$253,956
Tax year 2024
Assessed value
$20,905,793
Assessed 2024
Previous assessed
$20,905,793
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$7,593,087
Assessed improvement
$13,312,706
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
2005
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
5
Units
59
Total area
45,226 SF
Lot
0.34 ac (14,984 SF)
Zoning code
SMC3*
APN
4291-021-030
UPID
US09-6368860
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
2005
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
5
Units
59
Lot
0.34 ac
Current owner
From public records · entity-resolved
Pr Sm Biella LLC
Entity
Free & Clear · 16 yrs held
Mailing address
101 CALIFORNIA ST FL #40, SAN FRANCISCO, CA 94111-6127
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2009
$5,000,000
Pr Sm Biella LLC
First American Title Ins
Trustees Deed
related
—
Sep 8, 2009
—
Pr Sm Biella LLC
Jsm Biella LLC
Deed In Lieu Of Foreclosure
related
—
Sep 16, 2003
—
Jsm Biella LLC
Baker,gary R
Grant Deed
$11,700,000 · Key Bank NA
Oct 29, 1996
—
Gary R Baker
Vaughn Trust
Grant Deed
$700,000 · Wells Fargo Bank
—
—
Gary R Baker
—
Deed Of Trust
related
$150,000 · Encino State Bank
—
—
Jsm Biella LLC
—
Deed Of Trust
related
—
—
—
Gary R Baker
—
Deed Of Trust
related
$577,000 · Business Finance Center
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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