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Property profile & analytics
OFF-MARKET Estimated value $2,000,000
Turn key restaurants

1433 Wilshire Blvd Santa Monica, CA 90403-5412

4,675 SF 0.11 ac lot Built 1925
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-0298889
Property summary
AI-generated overview

This exceptional restaurant property, located at 1433 Wilshire Boulevard in Santa Monica, California, presents a unique investment opportunity. The 5,219-square-foot building, situated on a 5,003-square-foot lot, boasts 48 feet of prime Wilshire Boulevard frontage. Built in 1925 and extensively renovated in 2021 (including a seismic retrofit), the property offers a blend of historic charm and modern functionality. The space includes a ground floor of 4,657 square feet and a 562-square-foot mezzanine. Six parking spaces, including one handicap-accessible space, are leased from a rear lot. The MUB (Mixed Use Boulevard) zoning allows for diverse uses, including restaurant, retail, gym, showroom, or service retail, making it highly adaptable to various business models. The property's previous use as a restaurant/deli means some existing improvements are already in place. This location benefits from a Walk Score of 92, placing it in a highly walkable area. The property is directly across from the Santa Monica/UCLA Medical Center, providing a substantial customer base of over 4,000 employees and medical professionals. Nearby businesses include Vons, Rite Aid, Bank of America, and other popular retailers. The median household income within a one-mile radius exceeds $135,000, indicating strong purchasing power in the immediate vicinity. The APN is 4281-011-011. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Santa Monica neighborhood.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1925
Construction TILT-UP CONCRETE
Total area 4,675 SF
Lot 0.11 ac (5,003 SF)
Zoning code SMC6*
APN 4281-011-011
UPID US10-0298889
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
  • Izzy's Deli Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.02M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.86M
Blend (final) Blend
$2.00M
Owner & transaction history
1433 Bread LLC · 1 yrs held
1433 Bread LLC
since 2025
Last sale
$2.1M
7 recorded transactions
2025
$2.1M
2018
Price N/A
2018
Price N/A
2018
Price N/A
2017
Price N/A
2017
Price N/A
2012
Price N/A
Zoning & alternative use
SMC6* · Santa Monica, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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