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Property profile & analytics
FOR LEASE
Office buildings
116 South Catalina Ave, Redondo Beach, CA 90277
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US09-6354524
For Lease
1 / 8
$1,480,000
116 South Catalina Ave, Redondo Beach, CA 90277
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1924
Construction
TILT-UP CONCRETE
Total area
7,440 SF
Lot
0.14 ac (5,994 SF)
Zoning code
RBR-3A
APN
7505-014-024
UPID
US09-6354524
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
-
Farmers Insurance Insurance Agency
-
Roofing Guys Roofing Company General Contractor
-
His Life Woodworks General Contractor Renovation Specialist
-
CBLoans Loan Service Bank
-
Webvoice, Inc. Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.48M
Owner & transaction history
Kic LLC · 18 yrs held
Kic LLC
since 2008
7 recorded transactions
Zoning & alternative use
RBR-3A · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$199 / 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
$20,532
Tax year 2024
Assessed value
$1,741,720
Assessed 2024
Previous assessed
$1,741,720
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,406,776
Assessed improvement
$334,944
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1924
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Units
1
Total area
7,440 SF
Lot
0.14 ac (5,994 SF)
Zoning code
RBR-3A
APN
7505-014-024
UPID
US09-6354524
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBR-3A · Redondo Beach, CA
Zoning RBR-3A · permitted uses
RBR-3A · 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.
Building & site characteristics
From public records
Year built
1924
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Kic LLC
Entity
Mailing address
116 S CATALINA AVE STE #255, REDONDO BEACH, CA 90277-3388
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2020
—
Kic LLC
—
Deed
related
$2,000,000 · Jpmorgan Chase Bank NA
Jan 16, 2008
—
Kic LLC
Katnik Corp
Quit Claim Deed
related
—
Oct 31, 2005
$1,300,000
Katnik Corp
Antioch Trust
Grant Deed
—
Jun 1, 2000
—
Antioch,richard J & Dorothy L Tr
Antioch,r J & D L
Quit Claim Deed
related
—
Apr 11, 2000
$395,175
Richard J Antioch
Antioch,rik
Trustees Deed
related
—
Jun 5, 1990
$525,000
Rik Antioch
Winn Craig A
Grant Deed
$393,000 · Seller
—
—
Rik Antioch
—
Deed Of Trust
related
$393,000 · Individual
—
—
Kic LLC
—
Deed Of Trust
related
$869,877 · Bank Of America
—
—
Katnik Corp
—
Deed Of Trust
related
$1,000,000 · Bank Of America
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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