Technical
Financial
Distress signals
Property profile

2001 Ocean Ave Santa Monica, CA 90405

OFF-MARKET
Motels
Property ID
US09-6706267
13,257 SF 0.35 ac lot Built 1952
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1952
Total area 13,257 SF
Lot 0.35 ac (15,068 SF)
Zoning code SMOP3*
APN 4289-020-009
UPID US09-6706267

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel Resort
  • Gym & Fitness Center

Location

2001 Ocean Ave Santa Monica, CA 90405-1011
Santa Monica metro Census 702002 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.24M
CAP Approach CAP
$1.27M
Comparable Approach Comparable
$768k
Blend (final) Blend
$1.10M

Owner & transaction history

since 2013
6 recorded transactions
2023
Price N/A
2013
Price N/A
2008
Price N/A
2008
$9.0M
2005
Price N/A
1969
Price N/A

Zoning & alternative use

SMOP3* · Santa Monica, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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