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Property profile & analytics
FOR SALE
Manufacturing properties

1630 12Th St Santa Monica, CA 90404

18,420 SF 0.54 ac lot Built 1955
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-0319390
1630 12Th St, Santa Monica, CA 90404 For Sale
$15,160,000 18,420 SF
1630 12Th St, Santa Monica, CA 90404
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Property summary
AI-generated overview

This exceptional 19,335-square-foot creative office building in Santa Monica, California, presents a compelling net lease investment opportunity. Located at 1630-1638 12th Street, this single-story, Class C building sits on a 31,203-square-foot lot and boasts a desirable industrial-modernist design. Originally constructed in 1955 and extensively renovated in 1997, the property features bright, airy interiors with operable steel windows, skylights, exposed wood truss ceilings, and polished concrete floors. The layout offers a blend of open workspaces and private offices, some with barn doors, catering to a variety of tenant needs. The HVAC system utilizes zoned package units for efficient climate control. Additional amenities include a large kitchen area adjacent to an outdoor covered patio and a separate structure often used for casting. Currently 100% occupied by a long-term tenant (Radical Media) under a net lease expiring July 31, 2027, with a five-year renewal option, this property offers strong cash flow and significant upside potential. The property's prime location in Santa Monica, known for its thriving tech and media industries, provides excellent access to major freeways (10 and 405) and public transportation (17th/SMC Metro Station, a 10-minute walk). The zoning is SMM1. This investment is situated in a highly sought-after, supply-constrained market, making it an attractive long-term opportunity.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1955
Construction TILT-UP CONCRETE
Total area 18,420 SF
Lot 0.54 ac (23,503 SF)
Zoning code SMM1*
APN 4283-006-018
UPID US10-0319390
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
  • RadicalMedia Media Distribution
  • Dave Meyers Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$15.16M
Owner & transaction history
1630 12th Street LLC · 2 yrs held
1630 12th Street LLC
since 2023
Last sale
$20.2M
5 recorded transactions
2023
$20.2M
1998
Price N/A
1997
Price N/A
1996
Price N/A
1969
Price N/A
Zoning & alternative use
SMM1* · Santa Monica, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $22.2M +2.0%
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