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    Property profile & analytics

    1219 Palm Dr Hermosa Beach, CA 90254-3669

    • Investment properties
    • 3,320 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $6,705,000
    Last Sale
    Jul 24, 2024
    $6,480,000
    Location Intelligence
    Property ID
    US09-8408711
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 1219 Palm Dr

    Year built
    1930
    Construction
    TILT-UP CONCRETE
    Lot size
    0.09 lot acres
    Property size
    3,320 SF
    Zone code
    HBC2YY
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    4183-013-064
    APU
    4183013064

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,480,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,875,000
      6.5%
      $6,030,000
      7%
      $5,865,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,470,000
      Geo Method
      $7,205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,695,000
      Retail
      $6,215,000
      Mixed-Use
      $5,890,000
      Hospitality
      $7,975,000
      Educational
      $7,940,000
      Residential Income
      $6,440,000
      Energy
      $7,980,000
      Income-Based Land
      $7,895,000
      Food Service
      $7,695,000

    Location Insight

    • Map
    • Local Demand
    City
    Hermosa Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.4
    Latitude
    33.8627
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,076
    $76,888
    $100,683
    $177,571
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6,298 SF

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      View Details
    • Value Estimation by Request
      5,640 SF

      24 11th St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,640 SF
      24 11th St, Hermosa Beach, CA 90254-3720
      View Details
    • Value Estimation
      $2,485,000
      5,544 SF

      1140 Hermosa Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,544 SF
      1140 Hermosa Ave, Hermosa Beach, CA 90254-3719
      View Details
    • Value Estimation by Request
      4,247 SF

      170 Hermosa Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,247 SF
      170 Hermosa Ave, Hermosa Beach, CA 90254
      View Details
    • Value Estimation by Request
      4,640 SF

      39 Pier Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,640 SF
      39 Pier Ave, Hermosa Beach, CA 90254-3733
      View Details
    • Value Estimation
      $240,000
      4,492 SF

      246 Pacific Coast Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 4,492 SF
      246 Pacific Coast Hwy, Hermosa Beach, CA 90254-5357
      View Details

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    • Contact for pricing
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    Hermosa Beach, CA 90254-3669
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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