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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Office buildings
1557 7th St, Santa Monica, CA 90401-2605
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0302161
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1959
Construction
TILT-UP CONCRETE
Total area
3,900 SF
Lot
0.17 ac (7,500 SF)
Zoning code
SMC3*
APN
4291-022-021
UPID
US10-0302161
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
-
1557 7th st Apartment Complex
-
Bottle Rocket Film Production
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$825k
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
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$825k
Range $743k – $908k · ±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
$212 / 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
$78,617
Tax year 2024
Assessed value
$6,079,574
Assessed 2024
Previous assessed
$6,079,574
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$5,912,249
Assessed improvement
$167,325
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
3,900 SF
Lot
0.17 ac (7,500 SF)
Zoning code
SMC3*
APN
4291-022-021
UPID
US10-0302161
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
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2024
—
Lsc 1543 7th LLC
1547 7th LLC
Deed In Lieu Of Foreclosure
related
$19,476,000 · Customers Bank
May 13, 2022
—
1547 7th Street LLC
1557 7th St LLC
Grant Deed
$49,000,000 · Lsc 1543 7th LLC
Mar 3, 2022
—
1421 Barry Avenue LLC
—
Deed
related
$49,000,000 · Lsc 1543 7th LLC
Mar 5, 2020
—
Wsc 1318 Lincoln Blvd LLC
—
Deed
related
$105,000,000 · Mrc Ca Lender LLC
Sep 27, 2018
—
1557 7th St LLC
—
Deed
related
$4,780,000 · Hankey Cap
Sep 6, 2017
$5,450,000
1557 7th St LLC
1557 7th Street LLC
Grant Deed
$4,780,000 · Hankey Cap
Jun 15, 2017
—
1557 7th Street LLC
Green,donald S
Quit Claim Deed
related
—
Dec 20, 1995
—
Green,charlotte H Tr
—
Deed Of Trust
related
—
—
—
Wsc 1318 Lincoln Blvd LLC
—
Deed Of Trust
related
$105,000,000 · Mrc Ca Lender LLC
—
—
1557 7th St LLC
—
Loan Modification
related
$4,780,000 · Hankey Cap
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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