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Property profile & analytics
OFF-MARKET
Parking lots & garages
1646 11th St Santa Monica, CA 90404
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7892312
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1934
Construction
WOOD
Total area
5,000 SF
Lot
0.17 ac (7,526 SF)
Zoning code
SMM1*
APN
4283-005-005
UPID
US09-7892312
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bb Land Co · 3 yrs held
Bb Land Co
since 2022
6 recorded transactions
Zoning & alternative use
SMM1* · 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
—
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
$3,216
Tax year 2024
Assessed value
$176,601
Assessed 2024
Previous assessed
$176,601
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$174,473
Assessed improvement
$2,128
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1934
Construction
WOOD
Heating
NONE
Total area
5,000 SF
Lot
0.17 ac (7,526 SF)
Zoning code
SMM1*
APN
4283-005-005
UPID
US09-7892312
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMM1* · Santa Monica, CAZoning SMM1* · permitted uses
SMM1* · Santa Monica, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1934
Construction
WOOD
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
Bb Land Co
Entity
Mailing address
1636 11TH ST, SANTA MONICA, CA 90404-3708
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2022
—
Bb Land Co
Bb Land Co
Intrafamily Transfer
related
—
Nov 20, 1998
—
Bourget
—
Deed Of Trust
related
$1,435,000 · United Title Co
Aug 14, 1995
—
Building Material Bourget
—
Deed Of Trust
related
$1,357,702 · Santa Maria Bank
Mar 13, 1970
$144,000
Bldg Materials Bourget
Owner Name Unavailable
Grant Deed
related
—
Jan 2, 1970
—
—
—
Grant Deed
related
—
—
—
Building Material Bourget
—
Deed Of Trust
related
$300,900 · 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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