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Property profile & analytics
OFF-MARKET Estimated value $685,000
Investment properties

2925 Main St Santa Monica, CA 90405-5315

2,937 SF 0.06 ac lot Built 1906
Entity Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US10-0307503
Property summary
AI-generated overview

This exceptional 1,216 square foot office suite is located on the second floor of a building at 2925 Main Street in Santa Monica, California, 90405. The single-tenant space boasts four private offices, a private restroom, a communal area, and ample storage. Recent renovations include new flooring throughout, creating a bright and modern workspace enhanced by abundant natural light. The monthly rent is $3,995, modified gross. Parking is readily available in multiple city lots conveniently located nearby. This vibrant location places the property between Pier and Ashland Avenues, sharing a block with a diverse mix of established businesses including The Black Tux, Reformation, Knix, Mystic Journey Books, Vamos Vamos, Library Alehouse, Starbucks, Aviator Nation, Heavy Handed, and Bike Attack. The property is classified as both Office and Land, and is situated in Los Angeles County. This presents a unique opportunity for a business seeking a well-appointed and conveniently located office space in the heart of Santa Monica.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1906
Construction WOOD
Total area 2,937 SF
Lot 0.06 ac (2,506 SF)
Zoning code SMCM2*
APN 4288-004-020
UPID US10-0307503
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
  • hello again Charitable Organization Advocacy Group
  • VMG Properties, LLC Construction Company General Contractor
  • Free People Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$915k
Comparable Approach Comparable
by Request
Blend (final) Blend
$685k
Owner & transaction history
2925 Main Street LLC · 18 yrs held
2925 Main Street LLC
since 2008
5 recorded transactions
2022
Price N/A
2008
Price N/A
2000
Price N/A
1989
Price N/A
1969
Price N/A
Zoning & alternative use
SMCM2* · Santa Monica, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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