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Property profile & analytics
OFF-MARKET
Parking lots & garages
1437 5th St Santa Monica, CA 90401-2418
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6995540
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1988
Total area
7,500 SF
Lot
0.17 ac (7,484 SF)
Zoning code
SMC3C*
APN
4291-019-018
UPID
US09-6995540
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1437 5th Fee Owner LLC · 2 yrs held
1437 5th Fee Owner LLC
since 2024
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
—
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
$4,521
Tax year 2024
Assessed value
$125,599
Assessed 2024
Previous assessed
$125,599
+0.0% YoY
Effective rate
3.60%
On assessed value
Assessed land
$125,599
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1988
Heating
NONE
Total area
7,500 SF
Lot
0.17 ac (7,484 SF)
Zoning code
SMC3C*
APN
4291-019-018
UPID
US09-6995540
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMC3C* · Santa Monica, CAZoning 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
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
1437 5th Fee Owner LLC
Entity
Mailing address
520 MADISON AVE RM 3501ST NEW YORK
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2024
—
1437 5th Fee Owner LLC
Mdf IV Ca Portfolio Lender LLC
Grant Deed
—
Jul 15, 2024
$560,000,000
Mdf IV Ca Portfolio Lender LLC
1435 5th Street LLC
Trustees Deed
related
—
Jan 2, 2024
$583,745,150
1415 14375th Street Owner LLC
1435 5th Street LLC
Deed In Lieu Of Foreclosure
related
$250,000,000 · Hankey Capital LLC
Jun 30, 2022
—
1435 5th Street LLC
14375 Nms LLC
Intrafamily Transfer
related
—
Mar 5, 2020
—
Wsc 1318 Lincoln Blvd LLC
—
Deed
related
$157,000,000 · Mrc Ca Lender LLC
Apr 18, 2019
—
14375 Nms LLC
—
Deed
related
$7,500,000 · Hankey Cap
Mar 30, 2018
—
14375 Nms LLC
—
Deed
related
$2,750,000 · Waterfall Bridge Cap LLC
May 27, 2016
—
14375 Nms LLC
—
Deed
related
$2,620,000 · Cathay Bank
Dec 31, 2012
—
14375 Nms LLC
—
Deed Of Trust
related
$1,500,000 · Pacific Commerce Bank
Jun 6, 2011
$100,000
14375 Nms LLC
Pru Of Jsm Trino LLC
Quit Claim Deed
related
—
Feb 28, 2005
$12,475,000
Pru/jsm Trino LLC
Cardinal Broadway Partners LP
Grant Deed
$17,442,127 · Wells Fargo Bank NA
Nov 19, 1998
—
Broadway Partner Cardinal
Cardinal Broadway Partner,
Quit Claim Deed
related
—
Jun 2, 1998
—
Broadway Ptnrs Cardinal
Cardinal,broadway Props
Quit Claim Deed
related
—
—
—
14375 Nms LLC
—
Deed Of Trust
related
$7,500,000 · Hankey Cap
—
—
14375 Nms LLC
—
Deed Of Trust
related
—
—
—
Wsc 1318 Lincoln Blvd LLC
—
Deed Of Trust
related
$157,000,000 · Mrc Ca Lender LLC
—
—
14375 Nms LLC
—
Deed Of Trust
related
$2,750,000 · Waterfall Bridge Cap LLC
—
—
Pru Of Jsm Trino LLC
—
Deed Of Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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