Property profile

1448 16th St Santa Monica, CA 90404

OFF-MARKET
Grocery and convenience stores
Property ID
US09-7407977
8,578 SF 0.52 ac lot Built 1997
Individually Owned 33-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1997
Construction TILT-UP CONCRETE
Total area 8,578 SF
Lot 0.52 ac (22,509 SF)
Zoning code SMBCD*
APN 4282-020-027
UPID US09-7407977

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1448 16th St Santa Monica, CA 90404
Santa Monica metro Census 701702 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.36M

Owner & transaction history

since 1992
2 recorded transactions
1992
$1.2M
1992
$1.9M

Zoning & alternative use

SMBCD* · Santa Monica, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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