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Property profile & analytics
OFF-MARKET
Estimated value
$4,035,000
Retail space
155 Pacific Coast Hwy Hermosa Beach, CA 90254-5356
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US09-9117542
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
TILT-UP CONCRETE
Total area
13,698 SF
Lot
1.1 ac (48,077 SF)
Zoning code
HBC3YY
APN
4188-022-063
UPID
US09-9117542
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
-
CVS Pharmacy
-
CVS Pharmacy Pharmacy
-
CDReload - Online Bitcoin ATM Crypto Atm Atm
-
UPS Access Point location Courier Service Postal Service
-
CVS Photo (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.67M
Comparable Approach
Comparable
$2.43M
Blend (final)
Blend
$4.04M
Owner & transaction history
Barks Pch · 21 yrs held
Barks Pch
since 2004
2 recorded transactions
Zoning & alternative use
HBC3YY · Hermosa Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.3M
+20.7%
Medical building
$6.2M
+18.6%
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 Hermosa Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hermosa 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,050,000
6.5%
$4,665,000
7%
$4,330,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,250,000
Current use
AUTO REPAIR, GARAGE
$6,335,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$6,225,000
Change: +19% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,230,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$4.04M
Range $3.63M – $4.44M · ±10%
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
$295 / 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
$122,369
Tax year 2024
Assessed value
$11,206,004
Assessed 2024
Previous assessed
$11,206,004
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$5,466,344
Assessed improvement
$5,739,660
Applied tax rate
4.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
13,698 SF
Lot
1.1 ac (48,077 SF)
Zoning code
HBC3YY
APN
4188-022-063
UPID
US09-9117542
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HBC3YY · Hermosa Beach, CA
Zoning HBC3YY · permitted uses
HBC3YY · Hermosa Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hermosa Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$6.3M
MEDICAL BUILDING
Est. value
$6.2M
COMMERCIAL (GENERAL)
Est. value
$4.2M
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Barks Pch
Individual
Mailing address
PO BOX 1610, COCKEYSVILLE, MD 21030-7610
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2004
—
Barks Pch
Hermosa Venture 2002 LLC
Trustees Deed
$4,830,000 · Gmac Commercial Mortgage Corp
—
—
Pch Barks
—
Deed Of Trust
related
$4,400,000 · Cuna Mutual Insurance Society
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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