New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,750,000
Banks
1419 Highland Ave Manhattan Beach, CA 90266-4751
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8268154
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1956
Construction
WOOD
Total area
1,666 SF
Lot
0.08 ac (3,530 SF)
Zoning code
MNCD
APN
4179-028-001
UPID
US09-8268154
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
-
Ounce of Salt Jewelry (Bike/Boat/Book/etc) Store
-
Brett Zebrowski Real Estate Agency
-
Beth Morrissey Homes Real Estate Agency
-
Cheap Car Rental Manhattan Beach | ClavisCar Car Rental Facility
-
Patricia Blakemore | Homes90266 | Palm Realty Boutique Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.75M
Owner & transaction history
Cb Manhattan Highland LLC · 6 yrs held
Cb Manhattan Highland LLC
since 2020
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
MNCD · Manhattan Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.9M
+206.4%
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
$2,815,000
ML approach
$2,925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,860,000
Change: +206% · Conversion: Difficult
Blend value · Realmo final
$2.75M
Range $2.48M – $3.03M · ±10% · vs last sale $2.63M (Jan 21 2020)
Last sale anchor
$2.63M
Jan 21 2020
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
$1,651 / 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
$34,185
Tax year 2024
Assessed value
$2,870,818
Assessed 2024
Previous assessed
$2,870,818
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$2,187,291
Assessed improvement
$683,527
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,666 SF
Lot
0.08 ac (3,530 SF)
Zoning code
MNCD
APN
4179-028-001
UPID
US09-8268154
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNCD · Manhattan Beach, CA
Zoning MNCD · permitted uses
MNCD · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.9M
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1956
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Cb Manhattan Highland LLC
Entity
Mailing address
4455 E CAMELBACK RD STE E180, PHOENIX, AZ 85018-2861
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2020
—
Cb Manhattan Highland LLC
—
Deed
related
$2,000,000 · Comerica Bank
Jan 21, 2020
$2,625,000
Cb Manhattan Highland LLC
Pacific Premier Bk
Grant Deed
—
Apr 24, 2019
$2,625,000
Cb Manhattan Highland LLC
Pacific Premier Bk
Grant Deed
—
Apr 5, 2011
$1,800,000
Bank Of Manhattan NA
Bailey,larry & Christine
Grant Deed
$1,100,000 · Larry & Christine Bailey
Aug 27, 1993
—
Larry Bailey
Harry E Jenkins
Grant Deed
related
—
Jun 20, 1990
$265,000
Jenkins,harry E Tr Et Al
Unknown
Grant Deed
—
Aug 2, 1989
$462,500
Living T Jenkins
Evans Lloyd E An
Grant Deed
$323,750 · Torrance National Bank
—
—
Larry Belley
—
Deed Of Trust
related
$300,000 · Bay Cities National 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.
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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