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Property profile & analytics
OFF-MARKET
Estimated value
$4,205,000
Retail space
1001 Torrance Blvd Redondo Beach, CA 90277
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7877969
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1981
Construction
WOOD
Total area
4,960 SF
Lot
0.43 ac (18,705 SF)
Zoning code
RBC-2
APN
7518-007-021
UPID
US09-7877969
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
$4.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.60M
Blend (final)
Blend
$4.21M
Owner & transaction history
Mayfield Gardens LLC · 5 yrs held
Mayfield Gardens LLC
since 2020
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
RBC-2 · Redondo Beach, 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 Redondo Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redondo Beach 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
$4,295,000
ML approach
$4,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,490,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,020,000
Change: -14% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,890,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$4.21M
Range $3.78M – $4.63M · ±10% · vs last sale $3.93M (Sep 23 2020)
Last sale anchor
$3.93M
Sep 23 2020
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
$848 / 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
$47,553
Tax year 2024
Assessed value
$4,170,546
Assessed 2024
Previous assessed
$4,170,546
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$2,334,657
Assessed improvement
$1,835,889
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Total area
4,960 SF
Lot
0.43 ac (18,705 SF)
Zoning code
RBC-2
APN
7518-007-021
UPID
US09-7877969
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBC-2 · Redondo Beach, CA
Zoning RBC-2 · permitted uses
RBC-2 · Redondo Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redondo Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.9M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Mayfield Gardens LLC
Entity
Mailing address
12424 WILSHIRE BLVD STE #1040, LOS ANGELES, CA 90025-1071
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2020
$3,930,000
Mayfield Gardens LLC
Bennett Family LLC
Grant Deed
—
Mar 2, 2015
$3,525,000
Bennett Family LLC
Heavenly Tiger LLC
Grant Deed
—
May 2, 2014
$1,200,000
Heavenly Tiger LLC
Meshekoff,matthew
Grant Deed
$1,650,000 · Atlas Solutions INC
May 2, 2014
—
Matthew Meshekoff
Bauer Trust
Quit Claim Deed
related
—
Jan 8, 1990
—
Bauer Tr
Bauer Leon D And
Quit Claim Deed
related
—
Mar 31, 1989
—
South
—
Deed Of Trust
related
—
Feb 8, 1967
$54,500
—
—
Grant Deed
related
—
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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