Property profile

853 2nd St Santa Monica, CA 90403

OFF-MARKET
Assisted living facilities
Property ID
US09-6912521
58,558 SF 0.69 ac lot Built 1990
Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1990
Construction WOOD
Total area 58,558 SF
Lot 0.69 ac (30,014 SF)
Zoning code SMR3
APN 4292-024-029
UPID US09-6912521

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

853 2nd St Santa Monica, CA 90403
Santa Monica metro Census 701402 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.61M

Owner & transaction history

since 2006
7 recorded transactions
2026
Price N/A
2016
Price N/A
2010
Price N/A
2006
Price N/A
2006
$36.5M
2004
Price N/A
1998
Price N/A

Zoning & alternative use

SMR3 · Santa Monica, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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