Realmo Analytics

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Financial
Distress signals
Property profile

1617 Broadway Santa Monica, CA 90404

FOR SALE
Other investment properties
Property ID
US09-6574700
11,882 SF 0.17 ac lot Built 2002
Last sale Nov 2022 · $9,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

1617 Broadway is a renovated office building originally constructed in 2002. The property underwent extensive modern interior renovations, including concrete floors and contemporary office finishes, with some larger office areas featuring ceilings of approximately 25 feet or more. The interior layout consists of a mix of office configurations throughout the building. The building is located near major public transportation and nearby area amenities and includes secure on-site parking.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$111k
Tax billed · 2024
Assessed value$9.44M
Assessed land$5.66M
Assessed improvement$3.77M
Effective rate1.17%

Value estimate

· Oct 2026
$8.13M
$7.31M – $8.94M
AI approach$8.22M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$761/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$491 – $1,281
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
SMBCD*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat10.0
Tattoo & Piercing Shop8.0
Chinese Restaurant7.5

Location

1617 Broadway Santa Monica, CA 90404
County assessor Recorded deeds · 12 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1458 14th, Santa Monica, CA 90404-5706 $750,000 Dec 2025 17,603 SF
1871 9th, Santa Monica, CA 90404-4501 $6,470,064 Jun 2022 5,496 SF
3131 Santa Monica, Santa Monica, CA 90404-2507 $1,615,000 Jun 2022 4,735 SF
1828 Broadway, Santa Monica, CA 90404-5419 $7,500,075 Jan 2022 8,996 SF
2121 Cloverfield, Santa Monica, CA 90404-5226 $54,159,041 Nov 2021 28,220 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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