1433 Wilshire Blvd Santa Monica, CA 90403-5412
Property profile & analytics
1433 Wilshire Blvd, Santa Monica, CA 90403-5412
- Turn key restaurants
- 4,675 SF
- 0.11 lot acres
Property ID
US10-0298889
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Izzy's Deli Parking / Parking Lot & Garage
Property Details for 1433 Wilshire Blvd
- Year built
- 1925
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.11 lot acres
- Zone code
- SMC6*
- Property type
- Turn key restaurants
- APN
- 4281-011-011
- APU
- 4281011011
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,925,000
- ML approach
- $2,020,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,860,000
Market price range: $1.27M - $5.25M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $3,045,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $2,845,000 Change: -7% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Santa Monica
- County
- Los Angeles
- State
- California
- Longitude
- -118.488
- Latitude
- 34.0276
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$24,009
$1,120,984
$852,061
$1,973,045
-
$0.00
$0.00
$0.00
