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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Investment properties
1547 6th St Santa Monica, CA 90401-2583
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6368869
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1986
Construction
WOOD
Total area
4,970 SF
Lot
0.17 ac (7,505 SF)
Zoning code
SMC3*
APN
4291-023-011
UPID
US09-6368869
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
-
Tryon Closet Creative Hotel & Motel Resort
-
AZ I AM Yoga Gym & Fitness Center
-
Santa Monica West Apartments Apartment Building Apartment Complex
-
Decoded Ent Theater & Performing Art Venue Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$740k
Owner & transaction history
609 Colorado Fee Owner LLC · 1 yrs held
609 Colorado Fee Owner 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$149 / 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
$81,837
Tax year 2024
Assessed value
$6,813,841
Assessed 2024
Previous assessed
$6,813,841
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$6,812,770
Assessed improvement
$1,071
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
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
3
Total area
4,970 SF
Lot
0.17 ac (7,505 SF)
Zoning code
SMC3*
APN
4291-023-011
UPID
US09-6368869
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
1986
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
609 Colorado Fee Owner LLC
Entity
Mailing address
360 LEXINGTON AVE 1200TH 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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2024
—
609 Colorado 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
Wsc 601 Colorado Ave LLC
Wsc 601 Colorado Ave LLC
Deed In Lieu Of Foreclosure
related
$250,000,000 · Hankey Capital LLC
Mar 5, 2020
—
Wsc 1318 Lincoln Blvd LLC
—
Deed
related
$157,000,000 · Mrc Ca Lender LLC
Sep 13, 2019
$19,065,000
Wsc 601 Colorado Ave LLC
601 Colorado Nms LLC
Trustees Deed
$18,154,000 · Hankey Cap
Jun 22, 2018
—
601 Colorado Nms LLC
—
Grant Deed
related
$10,250,000 · Lone Oak Fund
Sep 20, 2016
—
601 Colorado Nms LLC
—
Deed
related
$7,200,000 · Comerica Bk
Apr 4, 2014
$3,750,000
601 Colorado Nms LLC
Shiraz Investment LLC
Grant Deed
—
Jun 9, 2003
$1,950,000
Shiraz Investment LLC
Tang,tr
Grant Deed
$1,920,000 · Viewsign Investment INC
—
—
601 Colorado Nms LLC
—
Loan Modification
related
$7,200,000 · Comerica Bk
—
—
Wsc 1318 Lincoln Blvd LLC
—
Deed Of Trust
related
$157,000,000 · Mrc Ca Lender LLC
—
—
601 Colorado Nms LLC
—
Loan Modification
related
$7,200,000 · Comerica Bk
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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