Property profile

1109 S Pacific Coast Hwy Redondo Beach, CA 90277

FOR LEASE
Turn key restaurants
Property ID
US10-0385284
2,704 SF 0.28 ac lot Built 1971
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1971
Construction WOOD
Total area 2,704 SF
Lot 0.28 ac (12,046 SF)
Zoning code RBC-2-PD
APN 7509-008-037
UPID US10-0385284

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
  • Restaurant

Location

1109 S Pacific Coast Hwy Redondo Beach, CA 90277
Redondo Beach metro Census 621326 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.07M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.85M
Blend (final) Blend
$2.14M

Owner & transaction history

since 2023
Last sale
$2.2M
6 recorded transactions
2023
$2.2M
2020
Price N/A
1989
$700,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RBC-2-PD · Redondo Beach, CA
Top alternative use upside
Retail stores $1.9M +8.1%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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