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Property profile & analytics
OFF-MARKET
Estimated value
$4,290,000
Investment properties
1543 7th St Santa Monica, CA 90401-2644
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6995568
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1990
Construction
WOOD
Total area
15,474 SF
Lot
0.17 ac (7,500 SF)
Zoning code
SMC3*
APN
4291-022-014
UPID
US09-6995568
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
-
Santa Monica Vacation Rentals Real Estate Agency
-
1543 7th st apartments Apartment Building
-
Steven Zelig Law Firm
-
Mas Construction Pros Construction Company General Contractor
-
Brentwood Legal Services Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.82M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.29M
Owner & transaction history
Lsc 1543 7th LLC · 2 yrs held
Lsc 1543 7th LLC
since 2024
7 recorded transactions
Zoning & alternative use
SMC3* · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,220,000
6.5%
$4,820,000
7%
$4,475,000
Blend value · Realmo final
$4.29M
Range $3.86M – $4.72M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$277 / 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
$83,427
Tax year 2024
Assessed value
$6,711,277
Assessed 2024
Previous assessed
$6,711,277
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$2,462,853
Assessed improvement
$4,248,424
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
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1990
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Units
3
Bathrooms
6
Total area
15,474 SF
Lot
0.17 ac (7,500 SF)
Zoning code
SMC3*
APN
4291-022-014
UPID
US09-6995568
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMC3* · Santa Monica, CA
Zoning SMC3* · permitted uses
SMC3* · 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
1990
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Bathrooms
6
Lot
0.17 ac
Current owner
From public records · entity-resolved
Lsc 1543 7th LLC
Entity
Mailing address
460 PARK AVE, NEW YORK, NY 10022-1906
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
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2024
—
Lsc 1543 7th LLC
Nms 15437 LLC
Deed In Lieu Of Foreclosure
related
$19,476,000 · Customers Bank
Mar 3, 2022
—
1421 Barry Avenue LLC
—
Deed
related
$49,000,000 · Lsc 1543 7th LLC
Mar 5, 2020
—
Nms15437 LLC
—
Deed
related
$44,000,000 · Lsc 11640 Mayfield LLC
Aug 28, 2019
—
Nms15437 LLC
—
Trustees Deed
related
$44,000 · Lsc 1543 7th LLC+
Jun 18, 2018
—
1547 7th Street LLC
—
Grant Deed
related
$15,000,000 · Hankey Cap
Mar 12, 2012
$5,450,000
Nms15437 LLC
1543 7th Street Associates LLC
Grant Deed
$4,360,000 · Hrc Fund V Reit LLC
Dec 15, 2011
—
Nms Properties INC
1543 7th Street Associates LLC
Grant Deed
—
Oct 5, 1998
—
1543 7th St. Assoc
Kroch E S Trustee,
Quit Claim Deed
related
—
Jun 5, 1996
—
Kroch,eri S Trustee
Kroch,e S
Quit Claim Deed
related
—
Aug 9, 1991
$1,013,000
Eri S Kroch
Arnold,leslie F
Grant Deed
related
—
Aug 31, 1990
$3,100,000
Les Arnold
Surfwoood Dev
Grant Deed
$1,925,000 · First Federal Savings & Loan
Jul 1, 1988
$565,000
Surfwood Dev
Transwest Escs
Grant Deed
$1,625,000 · Capital Bank NA
Jul 1, 1988
$525,000
Transwest Escs
Marcus Jacob
Trustees Deed
related
—
—
—
Surfwood Dev
—
Deed Of Trust
related
$35,000 · Lee Duncan R
—
—
Eri S Kroch
—
Deed Of Trust
related
$75,800 · Us Small Business Admn
—
—
1543 7th Street Associates LLC
—
Deed Of Trust
related
$2,700,000 · Finova Realty Capital INC
—
—
1543 7th Street Associates LLC
—
Deed Of Trust
related
—
—
—
N7s15437 LLC
—
Deed Of Trust
related
$4,200,000 · Preferred Bank
—
—
Nms15437 LLC
—
Deed Of Trust
related
$44,000,000 · Lsc 11640 Mayfield LLC
—
—
Surfwood Dev
—
Deed Of Trust
related
$225,000 · Garfield Irwin E
—
—
Eri S Kroch
—
Deed Of Trust
related
$19,500 · Us Small Business Admn
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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