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Property profile & analytics
FOR LEASE
Manufacturing properties
1725 Berkeley St Santa Monica, CA 90404
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0312004
For Lease
1 / 18
$12,000/Mo
1725 Berkeley St, Santa Monica, CA 90404
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1951
Construction
TILT-UP CONCRETE
Total area
5,532 SF
Lot
0.2 ac (8,615 SF)
Zoning code
SMLMSD*
APN
4268-008-022
UPID
US10-0312004
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
-
SOUNDBOKS U.S. Corporate Office
-
Porch House Film Production
-
Afshar Publishing Publishing House Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$325k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Bahrain Afshar · 2 yrs held
Bahrain Afshar
since 2023
7 recorded transactions
Zoning & alternative use
SMLMSD* · 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
$325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$91 / 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
$15,119
Tax year 2024
Assessed value
$1,168,086
Assessed 2024
Previous assessed
$1,168,086
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,075,881
Assessed improvement
$92,205
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1951
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Total area
5,532 SF
Lot
0.2 ac (8,615 SF)
Zoning code
SMLMSD*
APN
4268-008-022
UPID
US10-0312004
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMLMSD* · Santa Monica, CAZoning SMLMSD* · permitted uses
SMLMSD* · 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
1951
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Bahrain Afshar
Individual
Free & Clear · 2 yrs held
Mailing address
1200 N HOLLYWOOD WAY, BURBANK, CA 91505-2223
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2023
—
Bahrain Afshar
Bahram Afshar
Correction Deed
related
—
Mar 24, 2022
—
Arash Afshar
Arash Afshar
Intrafamily Transfer
related
—
Mar 19, 2021
—
Kooshiar Afshar
Kooshiar Afshar
Intrafamily Transfer
related
—
Feb 17, 2017
—
Afshar,bahran Family Trust
Afshar,bahran
Quit Claim Deed
related
—
Jan 2, 2015
—
Kooshiar Afshar
Westshore Group LLC
Grant Deed
—
Sep 22, 1998
$760,000
Westshore Group LLC
Lin Trust
Grant Deed
$684,000 · Crown American Bank
Sep 8, 1992
—
Kim T Lin
—
Deed Of Trust
related
—
Sep 14, 1989
$676,000
Kim T Lin
Devereux,anna M
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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