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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Investment properties
123 Pacific Coast Hwy Redondo Beach, CA 90277-4206
Entity Owned
18-yr Hold
Free & Clear
Property ID
US09-7820177
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1938
Construction
WOOD
Total area
2,628 SF
Lot
0.17 ac (7,550 SF)
Zoning code
RBRH-3
APN
7505-012-011
UPID
US09-7820177
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
-
Tarot for Empowerment Spiritual Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$530k
Owner & transaction history
Horizon Resource LLC · 18 yrs held
Horizon Resource LLC
since 2007
7 recorded transactions
Zoning & alternative use
RBRH-3 · 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
$202 / 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
$7,267
Tax year 2024
Assessed value
$500,121
Assessed 2024
Previous assessed
$500,121
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$498,236
Assessed improvement
$1,885
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1938
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
5
Total area
2,628 SF
Lot
0.17 ac (7,550 SF)
Zoning code
RBRH-3
APN
7505-012-011
UPID
US09-7820177
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBRH-3 · Redondo Beach, CA
Zoning RBRH-3 · permitted uses
RBRH-3 · 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
1938
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
5
Lot
0.17 ac
Current owner
From public records · entity-resolved
Horizon Resource LLC
Entity
Free & Clear · 18 yrs held
Mailing address
PO BOX 6481, SAN PEDRO, CA 90734-6481
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2007
—
Horizon Resource LLC
Spectrum Resources LLC
Quit Claim Deed
related
—
Jul 28, 1998
—
Spectrum Resources
Jordan,j E & N
Trustees Deed
related
—
Apr 1, 1994
$300,000
John E Jordan
Schiappa Trust
Grant Deed
$270,000 · Pacific Heritage Bank
Mar 16, 1989
$560,000
Schiappa Fmly Tr
Trade Prop
Trustees Deed
$420,000 · Pacific Heritage Bank
Mar 16, 1989
$179,000
Trade Prop
Dunlop John E&pa
Trustees Deed
related
—
Jul 26, 1988
$310,500
John E Dunlop
Jenkins Harry E
Grant Deed
related
$150,502 · Presidential Mortgage Corp
Feb 11, 1988
$214,500
Harry E Jenkins
Kolbr
Grant Deed
related
$100,000 · Torrance National Bank
—
—
Horizon Resource LLC
—
Loan Modification
related
—
—
—
Spectrum Resources LLC
—
Deed Of Trust
related
$230,000 · Trust Bank Fsb
—
—
Spectrum Resource LLC
—
Deed Of Trust
related
$40,000 · Trust Savings Bank
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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