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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Specialty properties
1925 Arizona Ave Santa Monica, CA 90404-1286
Entity Owned
10-yr Hold
Free & Clear
Property ID
US09-1295735
Property profile
Verified
Property type
Specialty properties
Use group
CREMATORIUM, MORTUARY
Year built
1933
Construction
WOOD
Total area
9,278 SF
Lot
0.76 ac (33,029 SF)
Zoning code
SMCP3*
APN
4276-013-033
UPID
US09-1295735
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
-
Tsubakiyama Acupuncture Clinic Alternative Medicine Practice Acupuncture
-
Tartine Restaurant
-
Electrician Master Santa Monica Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$783k
Blend (final)
Blend
$655k
Owner & transaction history
1925 Arizona La LLC · 10 yrs held
1925 Arizona La LLC
since 2015
4 recorded transactions
Zoning & alternative use
SMCP3* · Santa Monica, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$910,000
+85.1%
Retail stores
$875,000
+77.6%
Commercial (general)
$680,000
+38.3%
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
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL)
$490,000
Current use
AUTO REPAIR, GARAGE
$910,000
Change: +85% · Conversion: Difficult
RETAIL STORES
$875,000
Change: +78% · Conversion: Difficult
COMMERCIAL (GENERAL)
$680,000
Change: +38% · Conversion: Difficult
WAREHOUSE, STORAGE
$605,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$520,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$435,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$71 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$154,390
Tax year 2023
Assessed value
$13,198,816
Assessed 2023
Previous assessed
$13,198,816
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$11,378,292
Assessed improvement
$1,820,524
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
Specialty properties
Use group
CREMATORIUM, MORTUARY
Status
Off-Market
Year built
1933
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
9,278 SF
Lot
0.76 ac (33,029 SF)
Zoning code
SMCP3*
APN
4276-013-033
UPID
US09-1295735
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMCP3* · Santa Monica, CA
Zoning SMCP3* · permitted uses
SMCP3* · 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.
Alternative use value scenarios
Repositioning upside vs current use
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL) Current
Est. value
$490,000
AUTO REPAIR, GARAGE
Est. value
$910,000
RETAIL STORES
Est. value
$875,000
COMMERCIAL (GENERAL)
Est. value
$680,000
WAREHOUSE, STORAGE
Est. value
$605,000
OFFICE BUILDING
Est. value
$520,000
MEDICAL BUILDING
Est. value
$435,000
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1933
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
1925 Arizona La LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 131237, CARLSBAD, CA 92013-1237
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2018
—
1925 Arizona La LLC
—
Grant Deed
related
$11,900,000 · Istar INC
Jul 29, 2015
$15,000,000
1925 Arizona La LLC
Sci California Funeral Service
Grant Deed
—
—
—
1925 Arizona La LLC
—
Loan Modification
related
$24,040,000 · Star Arizona Avenue Lender LLC
Aug 25, 1965
—
—
—
Grant Deed
related
—
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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