Technical
Financial
Distress signals
Property profile

2454 Wilshire Blvd Santa Monica, CA 90403

OFF-MARKET
Turn key restaurants
Property ID
US10-0308975
11,037 SF 0.17 ac lot Built 1940
Entity Owned 17-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1940
Construction TILT-UP CONCRETE
Total area 11,037 SF
Lot 0.17 ac (7,229 SF)
Zoning code SMC6*
APN 4276-019-005
UPID US10-0308975

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
  • Restaurant

Location

2454 Wilshire Blvd Santa Monica, CA 90403-5823
Santa Monica metro Census 701602 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$858k
Blend (final) Blend
$690k

Owner & transaction history

since 2008
3 recorded transactions
2008
Price N/A
2004
$3.6M
1969
Price N/A

Zoning & alternative use

SMC6* · 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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