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Property profile & analytics
OFF-MARKET
Apartment buildings
2609 Euclid St Santa Monica, CA 90405-4753
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-7810827
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1946
Construction
WOOD
Total area
7,444 SF
Lot
0.22 ac (9,384 SF)
Zoning code
SMR3*
APN
4285-003-002
UPID
US09-7810827
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Alfa Lv LLC
Alfa Lv LLC
since 2026
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
SMR3* · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$42,589
Tax year 2024
Assessed value
$3,511,350
Assessed 2024
Previous assessed
$3,511,350
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$2,601,000
Assessed improvement
$910,350
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
1946
Construction
WOOD
Heating
NONE
Cooling
YES
Units
8
Total area
7,444 SF
Lot
0.22 ac (9,384 SF)
Zoning code
SMR3*
APN
4285-003-002
UPID
US09-7810827
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMR3* · Santa Monica, CA
Zoning SMR3* · permitted uses
SMR3* · 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
1946
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
8
Lot
0.22 ac
Current owner
From public records · entity-resolved
Alfa Lv LLC
Entity
Mailing address
11950 SAN VICENTE BLVD STE #200, LOS ANGELES, CA 90049-5013
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2026
—
Alfa Lv LLC
—
Deed
related
$2,070,000 · Jpmorgan Chase Bank NA
Jan 13, 2026
—
Alfa Lv LLC
38 Vernon W LLC
Deed
related
—
Jan 12, 2026
—
Abraham Saper Trust
38 Vernon W LLC
Grant Deed
—
Jan 12, 2026
$1,185,000
Alfa Lv LLC
Abraham Saper Trust
Grant Deed
—
Dec 30, 2025
$1,173,500
Alfa Lv LLC
Lancaster Commercial LLC
Grant Deed
—
Dec 30, 2025
—
Lancaster Commercial LLC
38 Vernon W LLC
Grant Deed
—
Aug 11, 2021
—
Share Euclid LLC
Richard Hudson Share
Quit Claim Deed
related
—
Aug 11, 2021
$3,375,000
38 Vernon W LLC
Share Euclid LLC
Grant Deed
—
Feb 17, 2021
—
Ashley Share
Richard Hudson Share
Intrafamily Transfer
related
—
Oct 8, 2015
—
M Gregory
Share Trust
Quit Claim Deed
related
—
Dec 29, 2014
—
Gregory M|frolik Jennifer H Share
Share Trust
Quit Claim Deed
related
—
Oct 16, 2006
—
Share Trust
Share Fam 2000 Living Trust
Quit Claim Deed
related
—
Dec 4, 2000
—
Share,richrd H & Carol L Trustee
Share,r H & C L
Quit Claim Deed
related
—
Nov 9, 1998
$216,000
Richard H Share
Schwartz Trust
Grant Deed
$350,000 · California Federal Bank
Jul 17, 1995
—
Schwartz,barbara L Trustee
Schwartz,b L
Quit Claim Deed
related
—
—
—
Share Family 2000 Trust
—
Deed Of Trust
related
$500,000 · Citibank West Fsb
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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