Technical
Financial
Distress signals
Property profile

2460 Wilshire Blvd Santa Monica, CA 90403

OFF-MARKET
Turn key restaurants
Property ID
US09-6276461
3,840 SF 0.13 ac lot Built 1923
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1923
Construction TILT-UP CONCRETE
Total area 3,840 SF
Lot 0.13 ac (5,830 SF)
Zoning code SMC6*
APN 4276-019-007
UPID US09-6276461

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
  • Restaurant
  • Employment Agency
  • Bar & Pub
  • Restaurant

Location

2460 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
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

since 2012
7 recorded transactions
2012
Price N/A
2010
$1.2M
2003
$1.9M
2003
Price N/A
1998
$900,000
1969
Price N/A
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2460 Wilshire Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message