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Property profile & analytics
OFF-MARKET
Estimated value
$1,930,000
Apartment buildings
2336 34th St Santa Monica, CA 90405-2131
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-6368582
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1966
Construction
WOOD
Total area
5,924 SF
Lot
0.18 ac (8,000 SF)
Zoning code
SMR2*
APN
4270-009-035
UPID
US09-6368582
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.47M
Comparable Approach
Comparable
$1.64M
Blend (final)
Blend
$1.93M
Owner & transaction history
2336 34th St LLC
2336 34th St LLC
since 2025
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
SMR2* · Santa Monica, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.7M
+24.8%
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%
$1,590,000
6.5%
$1,465,000
7%
$1,360,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,195,000
Current use
AUTO REPAIR, GARAGE
$2,740,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$1.93M
Range $1.74M – $2.12M · ±10% · vs last sale $2.31M (Dec 5 2025)
Last sale anchor
$2.31M
Dec 5 2025
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
$326 / 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
$15,449
Tax year 2024
Assessed value
$1,173,769
Assessed 2024
Previous assessed
$1,173,769
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$619,175
Assessed improvement
$554,594
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1966
Construction
WOOD
Heating
NONE
Units
6
Bathrooms
12
Total area
5,924 SF
Lot
0.18 ac (8,000 SF)
Zoning code
SMR2*
APN
4270-009-035
UPID
US09-6368582
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMR2* · Santa Monica, CA
Zoning SMR2* · permitted uses
SMR2* · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
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
1966
Construction
WOOD
Heating
NONE
Units
6
Bathrooms
12
Lot
0.18 ac
Current owner
From public records · entity-resolved
2336 34th St LLC
Entity
Mailing address
2030 PIER AVE, SANTA MONICA, CA 90405-5950
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2025
$2,310,000
2336 34th St LLC
The Marianne Alyea Family Trust
Grant Deed
$1,386,000 · Pmf Ca Reit LLC
Nov 7, 2008
—
Alyea Marianne Family Trust
Alyea M Family Trust
Quit Claim Deed
related
$1,100,000 · First California Bank
Jun 8, 2006
$480,000
Marianne Alyea
Irving Line
Grant Deed
$580,000 · Washington Mutual Bank
Jan 15, 2002
—
Line,irving Tr
Line,i Tr
Quit Claim Deed
related
—
Oct 4, 1995
—
Tralins,gertrude Trustee
Tralins,g
Quit Claim Deed
related
—
—
—
Alyea,marianne Family Trust
—
Deed Of Trust
related
$1,700,000 · Southland Cu
—
—
Alyea Marianne Family Trust
—
Deed Of Trust
related
$200,000 · Karl & Karol J Gelbard
—
—
Alyea Marianne Family Trust
—
Deed Of Trust
related
—
Jul 3, 1964
$28,000
—
—
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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