Technical
Financial
Distress signals
Property profile

2218 Main St Santa Monica, CA 90405

OFF-MARKET
Other investment properties
Property ID
US09-6910118
8,452 SF 0.12 ac lot Built 1987
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of a full floor of creative office space with a total area of 4,596 square feet. The interior is configured for immediate occupancy with a plug-and-play style setup, and it is able to accommodate on-site furniture use.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1987
Construction WOOD
Total area 8,452 SF
Lot 0.12 ac (5,211 SF)
Zoning code SMCM3*
APN 4289-022-016
UPID US09-6910118

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
  • Advertising Agency Marketing & Advertising
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Sustainability Organization Volunteer Organization
  • Advertising Agency Marketing & Advertising

Location

2218 Main St Santa Monica, CA 90405-2278
Santa Monica metro Census 702002 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$846k
Blend (final) Blend
$1.33M

Owner & transaction history

since 2005
7 recorded transactions
2020
Price N/A
2005
Price N/A
2005
Price N/A
2001
Price N/A
1998
$1.4M
1993
Price N/A
1992
Price N/A

Zoning & alternative use

SMCM3* · 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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