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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Parking lots & garages
Santa Monica, CA 90405
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9489930
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1964
Construction
WOOD
Total area
3,500 SF
Lot
0.11 ac (4,603 SF)
Zoning code
SMOP2*
APN
4287-032-001
UPID
US09-9489930
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$890k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.00M
Owner & transaction history
Kamran Naimi · 3 yrs held
Kamran Naimi
since 2022
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
SMOP2* · 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
$890,000
ML approach
$890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.11M (Dec 15 2022)
Last sale anchor
$1.11M
Dec 15 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
$286 / 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
$32,067
Tax year 2024
Assessed value
$2,705,040
Assessed 2024
Previous assessed
$2,705,040
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$2,705,040
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
NONE
Total area
3,500 SF
Lot
0.11 ac (4,603 SF)
Zoning code
SMOP2*
APN
4287-032-001
UPID
US09-9489930
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMOP2* · Santa Monica, CAZoning SMOP2* · permitted uses
SMOP2* · Santa Monica, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
Kamran Naimi
Individual
Free & Clear · 3 yrs held
Mailing address
1626 MONTANA AVEPMB620, SANTA MONICA, CA 90403-1808
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2022
—
Kamran Naimi
Kamran Naimi
Intrafamily Transfer
related
—
Jun 15, 2022
$1,110,000
3102 3106 Lincoln LLC
Kayvan Naimi
Grant Deed
—
Jan 6, 2022
—
Kayvan Naimi
3102 3106 Lincoln Blvd LLC
Grant Deed
—
May 2, 2014
—
3102-3106 Lincoln Blvd LLC
Kayvan Naimi
Quit Claim Deed
related
$900,000 · East West Bank
Jun 19, 2009
—
Kayvan Naimi
Naimi,kayvan & Farinhz S
Quit Claim Deed
related
$650,000 · Standard Insurance Co
Sep 15, 1989
$415,000
Naimi Kayvan&far
Esmailian Jim
Trustees Deed
$275,000 · Landy Charlotte
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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