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Property profile & analytics
OFF-MARKET Estimated value $5,400,000
Retail properties & Spaces

1649 11th St Santa Monica, CA 90404-3707

5,605 SF 0.17 ac lot Built 1957
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US10-0319386
Property summary
AI-generated overview

This exceptional 7,500 sq ft creative office building in Santa Monica presents a unique owner-user opportunity or investment potential. Located at 1649 11th Street, this Class B property boasts two buildings on a 7,511 sq ft lot, built in 1957 and zoned M1-IC (Industrial Conversion). The property features six parking spaces and is conveniently located near the I-10 freeway, PCH, and the Metro Line, with easy access to downtown Santa Monica's shops and stores. Previously used as headquarters for a digital and live-action studio, the building is fully equipped with built-out editorial suites, a green screen room, shooting stage, digital workstations, and a 5.1 recording studio with superior sound treatment. Above-standard power, AC output, and technological capabilities have supported over 1,000 hours of television production and content creation for major brands. The flexible layout, with multiple open spaces and office components, allows for customization to create a unique company environment. The asking price is $5,950,000, with a price per square foot of $793. The property is currently vacant, offering immediate occupancy for a new owner. This is an ideal location for an influencer, AI startup, video game company, advertising agency, animation studio, or other creative office user. The APN is 4283-006-013.

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1957
Construction WOOD
Total area 5,605 SF
Lot 0.17 ac (7,512 SF)
Zoning code SMM1*
APN 4283-006-013
UPID US10-0319386
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
  • Threshold Entertainment Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.40M
Owner & transaction history
0mb Fortaleza LLC · 1 yrs held
0mb Fortaleza LLC
since 2024
Last sale
$5.4M
7 recorded transactions
2024
$5.4M
2024
Price N/A
1998
$875,000
1994
Price N/A
1969
Price N/A
1969
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 $6.7M +271.1%
Industrial (general) $6.6M +263.9%
Retail stores $5.9M +225.4%
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