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    413 Ocean Ave Santa Monica, CA 90402-1625
    Property profile & analytics

    413 Ocean Ave, Santa Monica, CA 90402-1625

    View on Map

    • Assisted living facilities
    • 13,052 SF
    • 0.26 lot acres
    Off-Market
    Last Sale Feb 13, 2023
    $5,600,056
    Property ID
    US10-0310167
    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.

    Value Estimations
    $5,290,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 413 Ocean Ave

    Construction
    WOOD
    Lot size
    0.26 lot acres
    Zone code
    SMR4*
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    4293-007-021
    APU
    4293007021

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 15, 2023 — Bfg Santa Monica Propco LLC — Deed · related $7M · Crosswind Mortgage Reit LP
    Feb 13, 2023 $5,600,000 Bfg Santa Monica Propco LLC Sm Health Investors LLC Grant Deed —
    Oct 11, 2019 — 413 Sm Health Investors LLC — Grant Deed · related $22M · Manufacturers & Traders Tr
    Dec 18, 2013 $10,895,000 413 Sm Health Investors LLC Covenant Investment 3 LLC Grant Deed —
    Dec 18, 2013 $7,105,071 825 Sm Health Investors LLC Covenant Investments #4 LLC Grant Deed $14.5M · Berkadia Commercial Mortgage LLC
    Sep 25, 1997 $1,200,000 Ocean Villa LLC Downey Trust Grant Deed $2.4M · Metropolitan Funding Corp
    — — Ocean Villa LLC — Deed Of Trust · related $200k · Somc Mpp

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,110,000
      ML approach
      $4,860,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,958,000
      Market price range: $2.16M - $5.42M
    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $3,605,000
      Current use
      RESTAURANT
      $8,500,000
      Change: +136% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $7,945,000
      Change: +120% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $6,035,000
      Change: +68% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Santa Monica
    County
    Los Angeles
    State
    California
    Longitude
    -118.512
    Latitude
    34.0256
    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
    $68,003
    $5,100,000
    $612,000
    $5,712,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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