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Property profile & analytics
OFF-MARKET
Estimated value
$7,500,000
Apartment buildings
605 San Vicente Blvd Santa Monica, CA 90402-1841
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7405134
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Construction
WOOD
Total area
41,832 SF
Lot
0.51 ac (22,318 SF)
Zoning code
SMR2*
APN
4293-001-031
UPID
US09-7405134
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
-
Oceanside Capital Management Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.50M
CAP Approach
CAP
$10.36M
Comparable Approach
Comparable
$9.72M
Blend (final)
Blend
$7.50M
Owner & transaction history
Elizabeth Howard · 2 yrs held
Elizabeth Howard
since 2024
Last sale
$7.5M
7 recorded transactions
Zoning & alternative use
SMR2* · 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
$7,500,000
ML approach
$7,500,000
CAP Approach
CAP Return
Estimation
6%
$11,220,000
6.5%
$10,355,000
7%
$9,615,000
Blend value · Realmo final
$7.50M
Range $6.75M – $8.25M · ±10% · vs last sale $7.50M (Jan 16 2024)
Last sale anchor
$7.50M
Jan 16 2024
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
$179 / 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
$88,357
Tax year 2024
Assessed value
$7,178,728
Assessed 2024
Previous assessed
$7,178,728
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$5,081,497
Assessed improvement
$2,097,231
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
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
NONE
Units
30
Bathrooms
48
Total area
41,832 SF
Lot
0.51 ac (22,318 SF)
Zoning code
SMR2*
APN
4293-001-031
UPID
US09-7405134
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMR2* · Santa Monica, CA
Zoning SMR2* · permitted uses
SMR2* · 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
1973
Construction
WOOD
Heating
NONE
Units
30
Bathrooms
48
Lot
0.51 ac
Current owner
From public records · entity-resolved
Elizabeth Howard
Individual
Mailing address
4419 VAN NUYS BLVD STE #300, SHERMAN OAKS, CA 91403-5719
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Apr 2, 2025
—
Mi Ocean LLC
—
Deed
related
$11,400,000 · Bank Of America NA
Jan 16, 2024
—
Elizabeth Howard
Zachary Reisenfeld
Quit Claim Deed
—
Jan 16, 2024
$7,500,000
Rm Real Vicente LLC
Carla Howard
Grant Deed
—
Oct 7, 2020
—
Howard 605 Sv LLC
G H & Howard R F/tr
Quit Claim Deed
related
—
Dec 26, 2012
—
605 San Vicente LLC
Auerbach L M L Of Trust 1992
Grant Deed
related
—
Dec 24, 2012
—
Sarah Y A Ifrah
Auerbach Lorna M Living Trust
Grant Deed
related
—
Dec 19, 2012
—
Auerbach L M 1992 Living Trust
Lma & Lda 605 LLC
Grant Deed
—
Dec 12, 2012
—
Lma & Lda 650 LLC
Auerbach 1987 Family Trust
Grant Deed
—
Dec 5, 2012
—
Auerbach L M 1992 Living Trust
Auerbach 1987 Trust
Quit Claim Deed
related
—
May 2, 2012
—
Kenneth Cramer
Kenneth Cramer
Intrafamily Transfer
related
$2,450,000 · Cwcapital LLC
Mar 13, 2012
—
Auerbach Lorna M 1992 Trust
Auerbach Family Trust
Quit Claim Deed
related
—
May 10, 2002
—
Ernest Auerbach
Auerbach,e
Quit Claim Deed
related
—
Sep 2, 1998
—
Auerbach Ernest Co Tr
—
Deed Of Trust
related
—
—
—
Auerbach Trust
—
Deed Of Trust
related
$2,750,000 · California Federal 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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