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Property profile & analytics
OFF-MARKET
Estimated value
$1,065,000
Office buildings
1117 5th St Manhattan Beach, CA 90266-6062
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7875541
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
WOOD
Total area
4,192 SF
Lot
0.17 ac (7,501 SF)
Zoning code
MNCG
APN
4167-025-014
UPID
US09-7875541
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
Current use
Occupant on record · Public records
-
Vanessa L Bland Ma Mft Physician
-
Patrice Radden, Strand Hill Christies International Real Estate Real Estate Agency
-
California Law Services Law Firm
-
Caskey Real Estate Group | #1 Real Estate Team in the South Bay Real Estate Agency
-
LA Coastal Estates | eXp Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.07M
Owner & transaction history
1117 5th Street LLC · 9 yrs held
1117 5th Street LLC
since 2016
7 recorded transactions
Zoning & alternative use
MNCG · Manhattan 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 Manhattan Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manhattan 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.07M
Range $959k – $1.17M · ±10%
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
$254 / 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
$28,688
Tax year 2024
Assessed value
$2,446,330
Assessed 2024
Previous assessed
$2,446,330
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,706,743
Assessed improvement
$739,587
Applied tax rate
6.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,192 SF
Lot
0.17 ac (7,501 SF)
Zoning code
MNCG
APN
4167-025-014
UPID
US09-7875541
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNCG · Manhattan Beach, CA
Zoning MNCG · permitted uses
MNCG · Manhattan Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manhattan Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
1117 5th Street LLC
Entity
Mailing address
225 31ST ST, HERMOSA BEACH, CA 90254-2319
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2016
$2,150,000
1117 5th Street LLC
Mmp Commercial LLC
Grant Deed
$1,827,500 · Bank Of America
Mar 7, 2011
—
Mmp Commercial LLC
Major Mary E Living Trust
Grant Deed
—
Feb 28, 2011
—
Major Peter F Trust
Major,peter F
Quit Claim Deed
related
—
Feb 22, 2011
—
Peter F
Major Trust
Quit Claim Deed
related
—
Feb 4, 2000
$545,000
Major Trust
Johnson,james M
Grant Deed
—
Dec 31, 1996
$1,000
James M Johnson
1117 Fifth Street INC
Grant Deed
related
—
Apr 22, 1994
$470,000
1117 Fifth Street INC
Johnson,james M
Grant Deed
—
—
—
James M Johnson
—
Deed Of Trust
related
$62,232 · Individual
—
—
James M Johnson
—
Deed Of Trust
related
$450,000 · South Bay Bank
—
—
James M Johnson
—
Deed Of Trust
related
$47,000 · Individual
—
—
Major Trust
—
Deed Of Trust
related
$320,000 · First Federal Bank Ca
—
—
Major Trust
—
Deed Of Trust
related
$320,000 · First Federal Bank Ca
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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