Downtown/Third Street Promenade, Santa Monica CA - Investment Data
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
📊 How Does Downtown/Third Street Promenade Compare?
| Metric | Downtown/Third Street Promenade | Santa Monica | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $2,108,588 | $2,108,588 | N/A | $761,003 |
| Avg Rent | $4,049 | $4,049 | N/A | - |
| 5-Year CAGR | -1.4% | 0.9% | N/A | 5.7% |
| Cap Rate | 0.0% | 0.0% | - | - |
Downtown/Third Street Promenade is a neighborhood in Santa Monica, California. This neighborhood spans 5 ZIP codes, offering investors a range of property types and price points. The current median home value in this neighborhood is $1,076,363, which has decreased by 5.0% over the past year. With average rents around $4,049/month and home values averaging $2,108,588, investors can evaluate potential cash flow opportunities in this market.
Home Value Trends
ZIP Codes in Downtown/Third Street Promenade
| ZIP | City | Home Value | Rent | Cap Rate | Rating | Vacancy | Match |
|---|---|---|---|---|---|---|---|
| 90402 | Santa Monica | $4,833,497 | $6,342 | 0.0% | 15.9% | City match | |
| 90401 | Santa Monica | $1,279,812 | $3,765 | 0.0% | 15.1% | City match | |
| 90403 | Santa Monica | $1,446,615 | $3,553 | 0.0% | 11.6% | City match | |
| 90404 | Santa Monica | $1,048,458 | $3,383 | 0.0% | 8.3% | City match | |
| 90405 | Santa Monica | $1,934,558 | $3,200 | 0.0% | 11.3% | City match |
Other Neighborhoods in Santa Monica
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate Downtown/Third Street Promenade (Santa Monica, CA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.