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Property profile & analytics
OFF-MARKET
Estimated value
$5,525,000
Office buildings
532 Colorado Ave, Santa Monica, CA 90401-2408
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0305304
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Construction
WOOD
Total area
4,368 SF
Lot
0.14 ac (6,230 SF)
Zoning code
SMC3*
APN
4290-010-001
UPID
US10-0305304
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
-
Mayhem Pictures Inc Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.53M
Owner & transaction history
Fourwall LLC · 3 yrs held
Fourwall LLC
since 2022
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
SMC3* · 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
$5,535,000
ML approach
$5,565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.53M
Range $4.97M – $6.08M · ±10% · vs last sale $5.50M (Sep 19 2022)
Last sale anchor
$5.50M
Sep 19 2022
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
$1,265 / 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
$70,494
Tax year 2024
Assessed value
$5,610,000
Assessed 2024
Previous assessed
$5,610,000
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$4,386,000
Assessed improvement
$1,224,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,368 SF
Lot
0.14 ac (6,230 SF)
Zoning code
SMC3*
APN
4290-010-001
UPID
US10-0305304
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMC3* · Santa Monica, CA
Zoning SMC3* · permitted uses
SMC3* · 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
1975
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Fourwall LLC
Entity
Mailing address
16808 CHARMEL LN, PACIFIC PALISADES, CA 90272-2216
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2022
—
Fourwall LLC
—
Deed
related
$4,125,000 · City National Bank
Sep 19, 2022
$5,500,000
Fourwall LLC
532 Colorado Sm LLC
Grant Deed
—
Aug 26, 2021
—
532 Colorado Sm LLC
532 Colorado Sm LLC
Intrafamily Transfer
related
—
Jul 18, 2016
—
532 Colorado Sm LLC
—
Deed
related
$1,321,000 · Cdc Small Busn Fin
Jun 17, 2016
$4,300,000
532 Colorado Sm LLC
532 Colorado Avenue LLC
Grant Deed
$2,580,000 · Mufg Union Bank NA
Jul 24, 2007
$1,300,000
Saakvitne N L
Sendyk Jay & V Fam Trust
Grant Deed
$300,000 · Sendyk Jay & Vivian Fam Trust
Jul 24, 2007
—
532 Colorado Avenue LLC
Saakvitne N L & Heritage S L T
Grant Deed
$1,400,000 · Comerica Bank
Feb 15, 2000
—
Leonard,gerri Trustee
Leonard,g
Quit Claim Deed
related
—
Aug 20, 1998
—
Sendyk,jay M & Vivian E Trustees
Sendyk,j
Quit Claim Deed
related
—
Aug 26, 1997
$825,000
Sendyk,jay
Highlander Trust Co
Trustees Deed
$792,000 · Bank Of Commerce
Aug 26, 1997
—
Jay Sendyk
Sendyk,v E
Quit Claim Deed
related
—
—
—
532 Colorado Avenue LLC
—
Deed Of Trust
related
$1,738,000 · Comerica Bank
—
—
532 Colorado Sm LLC
—
Deed Of Trust
related
$1,321,000 · Cdc Small Busn Fin
—
—
Sendyk Trust
—
Deed Of Trust
related
$1,000,000 · City 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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