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Property profile & analytics
OFF-MARKET
Estimated value
$3,635,000
Investment properties
1515 Aviation Blvd Redondo Beach, CA 90278-2805
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6898185
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1940
Construction
WOOD
Total area
3,068 SF
Lot
0.11 ac (4,739 SF)
Zoning code
RBC-2
APN
4162-007-022
UPID
US09-6898185
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
-
Easy Move Company Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.29M
Blend (final)
Blend
$3.64M
Owner & transaction history
Tamagawa Eizai Co Ltd · 4 yrs held
Tamagawa Eizai Co Ltd
since 2022
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
RBC-2 · 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
Method
Estimation
Statistic approach
$3,380,000
ML approach
$3,455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.64M
Range $3.27M – $4.00M · ±10% · vs last sale $3.85M (May 19 2022)
Last sale anchor
$3.85M
May 19 2022
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
$1,185 / 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
$21,729
Tax year 2024
Assessed value
$1,851,912
Assessed 2024
Previous assessed
$1,851,912
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,102,824
Assessed improvement
$749,088
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
1940
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
3,068 SF
Lot
0.11 ac (4,739 SF)
Zoning code
RBC-2
APN
4162-007-022
UPID
US09-6898185
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBC-2 · Redondo Beach, CA
Zoning RBC-2 · permitted uses
RBC-2 · 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
1940
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Tamagawa Eizai Co Ltd
Entity
Mailing address
1713 ARTESIA BLVD STE D, MANHATTAN BEACH, CA 90266-7163
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
$3,850,000
Tamagawa Eizai Co Ltd
Walk On Properties LLC
Grant Deed
—
Jun 21, 2021
—
Mark Shanley
—
Deed
related
$2,200,000 · The Evergreen Advantage LLC
Oct 21, 2020
—
Walk On Properties LLC
Shanley Family Trust
Quit Claim Deed
—
Jun 18, 2020
—
Shanley Family Trust
Shanley Family Trust
Quit Claim Deed
related
$2,000,000 · Michael J Sarlo Asp 401k Psp
May 4, 2020
—
Shanley Family Trust
Peak Foreclosure Services INC
Grant Deed
related
—
Jun 17, 2019
—
1515 Aviation LLC
—
Deed
related
$235,000 · Shanley Family Trust (ct)
Jun 6, 2019
—
1515 Aviation LLC
—
Deed
related
$150,000 · Shanley Family Trust (pt)
Aug 9, 2018
—
1515 Aviation LLC
Mostafa Jalalli
Grant Deed
$1,650,000 · Pacific West Mortgage Fund LLC
Jun 11, 2018
—
Jalali Mostafa Separate Prop
Jalali,mostafa
Quit Claim Deed
related
—
Dec 28, 2016
—
Jalali,mostafa Trust
—
Trustees Deed
related
$200,000 · Knapp David B Rp/tr (ct)
Aug 12, 2016
—
Jalali,mostafa Trust
—
Deed
related
$300,000 · Knapp David B Trust (pt)
Jun 19, 2008
$1,050,000
Jalali Mostafa Trust
Chen,carol H
Grant Deed
—
Sep 27, 2004
—
Carol H Chen
Chen Mary L Trust
Quit Claim Deed
related
—
Aug 9, 2002
—
Jenny C Chen
Chen,c H
Quit Claim Deed
related
—
—
—
Jalali Mostafa Trust
—
Deed Of Trust
related
$600,000 · Knapp David & S Fam Trust
—
—
Jalali Mostafa Trust
—
Deed Of Trust
related
$250,000 · Strock Robert Trust
—
—
1515 Aviation LLC
—
Deed Of Trust
related
$235,000 · Shanley Family Trust (ct)
—
—
Jalali,mostafa Trust
—
Deed Of Trust
related
$100,000 · Knapp David & S Trust (pt)
—
—
Jalali,mostafa Trust
—
Deed Of Trust
related
$300,000 · Knapp David B Trust (pt)
—
—
Jalali,mostafa Trust
—
Deed Of Trust
related
$160,000 · Knapp David & S Family Trust
—
—
Jalali,mostafa Trust
—
Deed Of Trust
related
$1,200,000 · Knapp David B Trust (pt)
—
—
1515 Aviation LLC
—
Deed Of Trust
related
$150,000 · Shanley Family Trust (pt)
—
—
Jalali,mostafa Trust
—
Loan Modification
related
$140,000 · Knapp David & S Family Trust
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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