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Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Investment properties
1145 Artesia Blvd Manhattan Beach, CA 90266-6900
Individually Owned
28-yr Hold
~
Est. High Equity
Property ID
US09-7875523
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1961
Construction
TILT-UP CONCRETE
Total area
18,154 SF
Lot
0.83 ac (36,321 SF)
Zoning code
MNCG
APN
4168-012-034
UPID
US09-7875523
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
-
Goodwill Store & Donation Center Discount Store
-
Carpet TERA Carpet & Flooring Store
-
Subway Take-out & Catering
-
Hermosa Well Being Alternative Medicine Practice
-
De Forest Search Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.65M
Blend (final)
Blend
$2.50M
Owner & transaction history
Manhattan Place · 28 yrs held
Manhattan Place
since 1998
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
$2.50M
Range $2.25M – $2.75M · ±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
$138 / 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
$59,698
Tax year 2024
Assessed value
$4,723,251
Assessed 2024
Previous assessed
$4,723,251
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,791,574
Assessed improvement
$2,931,677
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
18,154 SF
Lot
0.83 ac (36,321 SF)
Zoning code
MNCG
APN
4168-012-034
UPID
US09-7875523
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
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Manhattan Place
Individual
Mailing address
PO BOX 665, MANHATTAN BEACH, CA 90267-0665
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2020
—
Manhattan Place INC
—
Deed
related
$7,000,000 · Bbcn Bank
Mar 30, 2012
—
Manhattan Place INC
—
Deed Of Trust
related
$2,000,000 · Wilshire State Bank
Jun 22, 1998
—
Manhattan Place
Cresta,verde
Trustees Deed
related
—
Aug 23, 1996
$2,900,000
Cresta Verde INC
Nopada Properties INC
Grant Deed
$8,775,000 · Union Bank Of California
Nov 2, 1990
—
San Dimas Place
—
Grant Deed
related
$8,200,000 · Metrobank
Sep 21, 1989
—
Sandimas Place
Watson James R
Trustees Deed
related
—
—
—
James R Watson
—
Deed Of Trust
related
$1,213,500 · Manhattan Place
—
—
Manhattan Place INC
—
Deed Of Trust
related
$15,000,000 · Union Bank Of California
—
—
Manhattan Place INC
—
Deed Of Trust
related
$2,100,000 · Commercial Real Estate Svcs Gr
—
—
Manha
—
Deed Of Trust
related
$1,200,000 · Chang Fongfu&
—
—
Manahattan Place INC
—
Deed Of Trust
related
$11,000,000 · Union Bank Of California
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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