Property profile

947 3rd St Santa Monica, CA 90403

OFF-MARKET
Assisted living facilities
Property ID
US10-0305762
12,747 SF 0.52 ac lot Built 1949
Entity Owned 10-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 1949
Construction WOOD
Total area 12,747 SF
Lot 0.52 ac (22,477 SF)
Zoning code SMR3*
APN 4292-018-025
UPID US10-0305762

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Nursing Home
  • Physician
  • Electrical Service General Contractor

Location

947 3rd St Santa Monica, CA 90403-2508
Santa Monica metro Census 701402 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$570k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$790k

Owner & transaction history

since 2015
7 recorded transactions
2015
$12.5M
2015
Price N/A
2014
Price N/A
2013
Price N/A
2013
Price N/A
2013
Price N/A
2011
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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