2218 Pico Blvd Santa Monica, CA 90405-1772
Property profile & analytics
2218 Pico Blvd, Santa Monica, CA 90405-1772
- Investment properties
- 3,293 SF
- 0.10 lot acres
Property ID
US09-6993781
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Max Personal Loans / Loan Service
Property Details for 2218 Pico Blvd
- Year built
- 1945
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.10 lot acres
- Zone code
- SMC4*
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 4273-005-004
- APU
- 4273005004
Description
This exceptional mixed-use property, located at 2218 Pico Blvd in Santa Monica, California, presents a compelling redevelopment opportunity. The 4,506 square foot parcel boasts a highly visible location on Pico Boulevard, a major thoroughfare leading to the renowned Santa Monica Beach and Pier (less than two miles away). Its strategic position offers easy access to Santa Monica College, a mere five-minute walk, and is surrounded by a vibrant mix of retail and residential establishments. The existing building comprises approximately 3,293 square feet. The property is zoned for mixed-use (SMC4 per the City of Santa Monica) and benefits from an average daily traffic count of 21,974 vehicles. This presents a unique chance to capitalize on the high demand and affluent nature of this area. The asking price is $1,950,000, translating to $432.76 per square foot. The property's APN is 4273-005-004. This is an ideal investment for developers seeking a high-traffic, high-visibility location in one of Southern California's most desirable cities. The property's proximity to the beach, college, and dense residential and retail areas ensures strong potential for future development and high returns.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,110,000
- 6.5%
- $1,025,000
- 7%
- $955,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Santa Monica
- County
- Los Angeles
- State
- California
- Longitude
- -118.467
- Latitude
- 34.0206
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,659
$70,874
$62,702
$133,576
-
$0.00
$0.00
$0.00
