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Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Investment properties
2919 Main St Santa Monica, CA 90405-5315
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US10-0307500
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1912
Construction
TILT-UP CONCRETE
Total area
6,403 SF
Lot
0.11 ac (4,988 SF)
Zoning code
SMCM2*
APN
4288-004-022
UPID
US10-0307500
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
-
TRUJILLO & WINNICK, LLP Law Firm
-
Miakel Bishay Salon Hair Salon
-
Carpet & Upholstery Cleaning WX Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.00M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.55M
Owner & transaction history
2907-2921 Main Street Properties Ll · 19 yrs held
2907-2921 Main Street Properties Ll
since 2007
7 recorded transactions
Zoning & alternative use
SMCM2* · 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%
$2,160,000
6.5%
$1,995,000
7%
$1,850,000
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±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
$241 / 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
$20,701
Tax year 2024
Assessed value
$1,651,328
Assessed 2024
Previous assessed
$1,651,328
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$781,251
Assessed improvement
$870,077
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1912
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
6,403 SF
Lot
0.11 ac (4,988 SF)
Zoning code
SMCM2*
APN
4288-004-022
UPID
US10-0307500
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMCM2* · Santa Monica, CA
Zoning SMCM2* · permitted uses
SMCM2* · 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
1912
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
2907-2921 Main Street Properties Ll
Entity
Mailing address
PO BOX 16184, BEVERLY HILLS, CA 90209-2184
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2007
—
2907-2921 Main Street Properties Ll
Philippe Chicha
Grant Deed
$7,500,000 · Not Available
Feb 5, 2002
—
Victor P Fresco
Fresco,v P & D M Tr
Quit Claim Deed
related
—
May 6, 1999
—
Philippe Chicha
Chicha,p
Quit Claim Deed
related
—
Aug 31, 1998
—
Gordon,basil Trustee
Gordon,b
Quit Claim Deed
related
—
—
—
Philippe Chicha
—
Deed Of Trust
related
$2,000,000 · City National Bank
—
—
Philippe Chicha
—
Deed Of Trust
related
$2,500,000 · Santa Monica Bank
—
—
Richard Kletter
—
Deed Of Trust
related
$942,500 · Chase Home Mortgage
—
—
Richard C Kletter
—
Deed Of Trust
related
$225,000 · Preferred Bank
—
—
Klett
—
Deed Of Trust
related
$300,000 · First National Bank
—
—
Klett
—
Deed Of Trust
related
$100,000 · First National Bank
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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