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Property profile & analytics
FOR LEASE
Community centers
2822-2828 Santa Monica Blvd, Santa Monica, CA 90404
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9520806
For Lease
1 / 10
$5 SF/Yr
2822-2828 Santa Monica Blvd, Santa Monica, CA 90404
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2022
Construction
WOOD
Total area
49,799 SF
Lot
0.64 ac (28,019 SF)
Zoning code
SMC4*
APN
4267-019-066
UPID
US09-9520806
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
-
The Charlie SM Yale Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.50M
Owner & transaction history
Yale Sm Investors LLC · 8 yrs held
Yale Sm Investors LLC
since 2017
5 recorded transactions
Zoning & alternative use
SMC4* · 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
$151 / 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
$358,134
Tax year 2024
Assessed value
$30,494,819
Assessed 2024
Previous assessed
$30,494,819
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$12,248,835
Assessed improvement
$18,245,984
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
2022
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
49,799 SF
Lot
0.64 ac (28,019 SF)
Zoning code
SMC4*
APN
4267-019-066
UPID
US09-9520806
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMC4* · Santa Monica, CA
Zoning SMC4* · permitted uses
SMC4* · 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
2022
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Yale Sm Investors LLC
Entity
Mailing address
1880 CENTURY PARK E STE #600, LOS ANGELES, CA 90067-1622
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2019
—
Yale Sm Investors LLC
—
Grant Deed
related
$22,900,000 · Bmo Harris Bk NA
Nov 30, 2017
$12,350,000
Yale Sm Investors LLC
J & E Stern Family Ptshp
Grant Deed
$8,350,000 · Bolour Associates INC
Oct 23, 2017
—
La Terra Dev LLC
J & E Stern Family Ptshp
Quit Claim Deed
related
—
Oct 29, 2003
—
Stern,tr
Stern,john L & Eleanor B
Quit Claim Deed
related
—
Sep 5, 1997
—
Stern John L
—
Deed Of Trust
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.
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?”
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