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Property profile & analytics
FOR LEASE
Investment properties
1420 5Th St Santa Monica, CA 90401
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9498188
For Lease
$8,120,000
1420 5Th St, Santa Monica, CA 90401
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2012
Construction
WOOD
Total area
62,005 SF
Lot
0.34 ac (14,996 SF)
Zoning code
SMC3C*
APN
4291-018-024
UPID
US09-9498188
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
-
mrgv co Marketing & Advertising Advertising Agency
-
Your LA Web Marketing Experts Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.12M
Owner & transaction history
Verbena Wrc 5th LP · 7 yrs held
Verbena Wrc 5th LP
since 2019
7 recorded transactions
Zoning & alternative use
SMC3C* · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$131 / 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
$545,415
Tax year 2024
Assessed value
$45,951,744
Assessed 2024
Previous assessed
$45,951,744
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$11,794,222
Assessed improvement
$34,157,522
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
For Lease
Year built
2012
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Units
50
Total area
62,005 SF
Lot
0.34 ac (14,996 SF)
Zoning code
SMC3C*
APN
4291-018-024
UPID
US09-9498188
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMC3C* · Santa Monica, CA
Zoning SMC3C* · permitted uses
SMC3C* · 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
2012
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
50
Lot
0.34 ac
Current owner
From public records · entity-resolved
Verbena Wrc 5th LP
Entity
Mailing address
88 KEARNY ST STE #1400, SAN FRANCISCO, CA 94108-5541
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2019
—
Verbena Wrc 5th LP
Scrv Spe 1 LP
Quit Claim Deed
$77,000,000 · Miscellaneous Ins Co
Jan 3, 2018
$5,958,500
Mdp Spe 1 LP
Rep Wrc Spe 1 LP
Trustees Deed
$121,165,000 · P6 La Mf Holdings I LLC
Sep 7, 2017
$7,855,500
808 Broadway Spe 1 LP
Rep Wrc Spe 1 LP
Trustees Deed
$121,165,000 · P6 La Mf Holdings I LLC
May 17, 2017
$11,676,500
Rrv Spe 1 LP
Rep Wrc Spe 1 LP
Grant Deed
—
Nov 21, 2016
$44,000,000
Scrv Spe 1 LP
Luxe 1420 5 LLC
Grant Deed
$121,165,000 · P6 La Mf Holdings I LLC
Jul 29, 2011
—
Luxe 1420 5 LLC
—
Deed Of Trust
related
$17,250,000 · Key Bank & Trust
May 4, 2011
$11,950,000
Luxe 1420 5 LLC
Chicago Title Co
Trustees Deed
related
—
May 5, 2004
—
Jsm San Marco LLC
Hensheys 5th & Santa Monica Lc
Grant Deed
$16,462,004 · Bank Of America
Jul 6, 2001
—
Hensheys 5th
H C Henshey Co
Quit Claim Deed
related
$7,000,000 · First Credit Bank
—
—
Jsm San Marco LLC
—
Deed Of Trust
related
$19,357 · Bank Of America
—
—
Henseys 5th & Santa Monica LLC
—
Deed Of Trust
related
$1,000,000 · Argent Corp Retirement Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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