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Property profile & analytics
OFF-MARKET
Estimated value
$11,065,000
Office buildings
1733 Ocean Ave, Santa Monica, CA 90401-3223
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9174680
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2002
Construction
STEEL FRAME
Total area
91,398 SF
Lot
0.66 ac (28,595 SF)
Zoning code
SMCC*
APN
4290-015-033
UPID
US09-9174680
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
-
Beautycounter LLC Corporate Office
-
BMO Bank Loan Service
-
BMO - ATM Atm
-
Kaplan Mc Laughlin Diaz Architect
-
Beautycounter Consultant - Teresa Modzelewski (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.69M
Blend (final)
Blend
$11.07M
Owner & transaction history
Cb 1733 Ocean Averue LLC · 2 yrs held
Cb 1733 Ocean Averue LLC
since 2023
7 recorded transactions
Zoning & alternative use
SMCC* · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.07M
Range $9.96M – $12.17M · ±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
$121 / 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
$1,458,372
Tax year 2024
Assessed value
$125,769,306
Assessed 2024
Previous assessed
$125,769,306
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$32,809,384
Assessed improvement
$92,959,922
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
NONE
Stories
4
Total area
91,398 SF
Lot
0.66 ac (28,595 SF)
Zoning code
SMCC*
APN
4290-015-033
UPID
US09-9174680
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMCC* · Santa Monica, CA
Zoning SMCC* · permitted uses
SMCC* · Santa Monica, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Monica. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
STEEL FRAME
Heating
NONE
Stories
4
Lot
0.66 ac
Current owner
From public records · entity-resolved
Cb 1733 Ocean Averue LLC
Entity
Mailing address
12 E 49TH ST28THFL, NEW YORK, NY 10017-1028
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2023
—
Cb 1733 Ocean Averue LLC
Terra Ocean Ave LLC
Assignment Of Lease (leasehold Sale)
—
Mar 1, 2019
$242,272,727
Ocean Ave Santa Monica Realty
1733 Ocn Ave Prop LLC
Grant Deed
—
Jul 31, 2018
$50,000,000
Terra Ocean Ave LLC
Maguire Partners I 733 Ocean LLC
Trustees Deed
related
—
Dec 21, 2005
—
Maguire Ptrs-1733 Ocean LLC
—
Deed Of Trust
related
$34,000,000 · Greenwich Capital Fin'l INC
Mar 22, 2005
—
1733 Ocean Avenue Props LLC
1733 Ocean Avenue Props LLC
Quit Claim Deed
related
$4,100,000 · Citigroup Global Markets Realt
Feb 11, 2005
$12,700,000
1733 Ocean Avenue Props LLC
Artis C Trust Agreement
Grant Deed
$4,100,000 · Tri-center Group INC
—
—
1733 Ocean Avenue Properties L
—
Deed Of Trust
related
$4,100,000 · Farmers & Merchants Bk/lng Bch
—
—
Maguire Partners-1733 Ocean Ll
—
Deed Of Trust
related
$54,000,000 · Private Individual
—
—
Maguire Partners-1733 Ocn LLC
—
Deed Of Trust
related
$3,700,000 · Steve Mlynarczyk
—
—
Maguire Partners-1733 Ocn LLC
—
Deed Of Trust
related
$1,000,000 · Laurie Gilmore
—
—
Maguire Partners-1733 Ocn LLC
—
Deed Of Trust
related
$500,000 · Peggy Moretti
—
—
Terra Ocean Ave LLC
—
Loan Modification
related
$45,000,000 · Centennial Bk
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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