Property profile

1231 Prospect Ave Hermosa Beach, CA 90254

OFF-MARKET
Auto shops
Property ID
US10-0063206
1,050 SF 0.07 ac lot Built 1985
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1985
Construction TILT-UP CONCRETE
Total area 1,050 SF
Lot 0.07 ac (2,985 SF)
Zoning code HBC3*
APN 4185-016-013
UPID US10-0063206

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

1231 Prospect Ave Hermosa Beach, CA 90254-4319
Hermosa Beach metro Census 621001 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.02M
CAP Approach CAP
by Request
Comparable Approach Comparable
$894k
Blend (final) Blend
$1.07M

Owner & transaction history

since 2020
Last sale
$965,009
2 recorded transactions
1969
Price N/A
1964
Price N/A

Zoning & alternative use

HBC3* · Hermosa Beach, CA
Top alternative use upside
Neighborhood: shopping center $640,000 +31.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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