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Property profile & analytics
OFF-MARKET
Estimated value
$4,065,000
Office buildings
2525 Ocean Park Blvd, Santa Monica, CA 90405-5284
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6569576
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1963
Construction
TILT-UP CONCRETE
Total area
15,687 SF
Lot
0.41 ac (18,019 SF)
Zoning code
SMC2*
APN
4270-012-048
UPID
US09-6569576
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
Current use
Occupant on record · Public records
-
Gwen Lotery, MA, MFT Psychotherapist
-
WON KIM Alternative Medicine Practice Acupuncture
-
Happy Trails for Kids Foster Care Service Social Service Agency
-
Paul Chilkov Marriage Or Relationship Counselor
-
Larry Walker Associates Environmental Consultant Environmental Program
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.63M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.07M
Owner & transaction history
2525 Ocean Park Associates LLC · 9 yrs held
2525 Ocean Park Associates LLC
since 2016
7 recorded transactions
Zoning & alternative use
SMC2* · Santa Monica, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$6,095,000
6.5%
$5,625,000
7%
$5,225,000
Blend value · Realmo final
$4.07M
Range $3.66M – $4.47M · ±10%
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
$259 / 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
$58,095
Tax year 2024
Assessed value
$4,773,008
Assessed 2024
Previous assessed
$4,773,008
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,888,927
Assessed improvement
$1,884,081
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
15,687 SF
Lot
0.41 ac (18,019 SF)
Zoning code
SMC2*
APN
4270-012-048
UPID
US09-6569576
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMC2* · Santa Monica, CA
Zoning SMC2* · permitted uses
SMC2* · 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.
Building & site characteristics
From public records
Year built
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
2525 Ocean Park Associates LLC
Entity
Mailing address
2601 OCEAN PARK BLVD STE 300A, SANTA MONICA, CA 90405-5296
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2020
—
2525 Ocean Park Associates LLC
—
Deed
related
$1,308,699 · First Republic Bank
Sep 23, 2016
—
2525 Ocean Park Associates LLC
2525 Ocean Park Associates LLC
Intrafamily Transfer
related
$1,435,599 · First Republic Bank
Aug 11, 2010
$3,566,000
2525 Ocean Park Associates LLC
Girl Scouts Of Grtr Los Angeles
Grant Deed
$1,650,000 · First Republic Bank
May 7, 2001
$2,640,000
Angeles Girl Scout Council
Wark,james B
Grant Deed
—
Sep 1, 1998
—
James B Wark
Wark,j L
Quit Claim Deed
related
—
May 11, 1995
$475,000
Fletcher Trust
Santa Monica Property Ptshp
Grant Deed
related
—
Oct 29, 1991
$2,051,500
Santa Monica Pro
Epi Products USA
Grant Deed
$1,189,000 · Union Bank
Dec 22, 1988
$2,080,000
Epilady USA
2525
Grant Deed
—
Jul 29, 1988
$123,864
2525 Venture
Hoffm
Trustees Deed
—
Jul 29, 1988
$1,402,500
2525 Venture
Gugli
Trustees Deed
—
Jul 29, 1988
—
Arthur Guglielmi
Gugli
Quit Claim Deed
related
$1,750,000 · Hancock Savings Bank
Jul 29, 1988
$123,636
2525 Venture
Rein
Trustees Deed
—
Jul 29, 1988
$48,500
Richard Hoffman
2525
Trustees Deed
related
—
Jul 29, 1988
$49,000
Rein Burton I
2525
Trustees Deed
related
—
Jul 29, 1988
$552,500
Arthur Guglielmi
2525 Ocean Park
Trustees Deed
related
—
—
—
James B Wark
—
Deed Of Trust
related
$720,000 · Wells Fargo Bank
—
—
Fletcher Trust
—
Deed Of Trust
related
$972,000 · Union Bank
—
—
Products U S Epi
—
Deed Of Trust
related
$1,158,057 · Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
—
—
James B Wark
—
Deed Of Trust
related
$900,000 · Wells Fargo Bank
—
—
James B Wark
—
Deed Of Trust
related
$740,000 · California Statewide Certified
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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