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Property profile & analytics

3002 Main St Santa Monica, CA 90405-5318

  • Retail space
  • 4,138 SF
  • 0.14 lot acres
OFF-MARKET
Last Sale
Apr 20, 2023
$7,000,070
Value Estimations
$6,670,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US09-9277362
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Official Zag Store / Toy Store
  • ZAG Entertainment / Media Company
  • ZAG America, LLC / Manufacturer / Animation Studio

Property Details for 3002 Main St

Year built
2001
Construction
STEEL FRAME
Lot size
0.14 lot acres
Property size
4,138 SF
Zone code
SMCM4*
Property type
Retail space
APN
4288-007-009
APU
4288007009

Description

This exceptional 5,000-square-foot creative office space is located in a two-story freestanding building on a prime corner lot in Los Angeles County. The property boasts floor-to-ceiling storefront glass, offering stunning views of Main Street. Its single-tenant occupancy provides flexibility and control. The building's strategic location places it just two blocks from the beach, providing employees and clients with convenient access to recreational opportunities. Furthermore, its proximity to a variety of retailers, eateries, and other amenities ensures a vibrant and convenient work environment. The property includes 10 gated on-site parking spaces, offering secure and convenient parking for tenants and visitors. The building's classification as both retail and office space allows for versatile use and potential for various business types. The entire 5,000 square feet is currently vacant, presenting a unique opportunity for a business seeking a prominent and well-located space. This property is ideal for businesses seeking a high-visibility location with ample parking and proximity to the beach and local amenities. The building's design and location make it an attractive option for businesses seeking a modern and convenient workspace. The two-story layout offers flexibility in space configuration to suit diverse business needs.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $7,090,000
    ML approach
    $6,490,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $5,419,000
    Market price range: $1.55M - $5.42M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $4,980,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Santa Monica
County
Los Angeles
State
California
Longitude
-118.48
Latitude
33.9983
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$84,129
$6,630,000
$510,000
$7,140,000
-
$0.00
$0.00
$0.00
More about this property
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