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Property profile & analytics
OFF-MARKET
Estimated value
$1,490,000
Medical Office Space
1636 Aviation Blvd Redondo Beach, CA 90278-2851
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7375097
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2012
Construction
WOOD
Total area
5,644 SF
Lot
0.19 ac (8,441 SF)
Zoning code
RBC-2
APN
4162-002-001
UPID
US09-7375097
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
-
Pediatric Eye Care Ophthalmologist
-
The Derm Institute: Annie Chiu, M.D. Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.65M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.49M
Owner & transaction history
1636 Aviation Blvd LLC · 13 yrs held
1636 Aviation Blvd LLC
since 2013
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,785,000
6.5%
$1,645,000
7%
$1,530,000
Blend value · Realmo final
$1.49M
Range $1.34M – $1.64M · ±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
$264 / 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
$22,611
Tax year 2024
Assessed value
$1,889,398
Assessed 2024
Previous assessed
$1,889,398
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$959,275
Assessed improvement
$930,123
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2012
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Units
5
Total area
5,644 SF
Lot
0.19 ac (8,441 SF)
Zoning code
RBC-2
APN
4162-002-001
UPID
US09-7375097
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
2012
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
5
Lot
0.19 ac
Current owner
From public records · entity-resolved
1636 Aviation Blvd LLC
Entity
Mailing address
1649 STRADELLA RD, LOS ANGELES, CA 90077-2314
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2013
—
1636 Aviation Blvd LLC
Simon D & A Living Trust
Grant Deed
—
Oct 6, 2011
$780,000
Simon Dan & Anne Living Trust
Garcia,aura M
Grant Deed
—
Mar 12, 2010
$650,000
Aura M Garcia
Nelson James J
Grant Deed
—
Jan 16, 2009
—
Gods Way Optimum Health Ctr
Shaw,phyllis
Quit Claim Deed
related
—
Jan 12, 2009
—
Phyllis Shaw
Bagby,vincent
Quit Claim Deed
related
—
Jan 27, 2005
$102,000
Vincent Bagby
Shaw,phyllis
Quit Claim Deed
related
—
Jan 16, 1973
—
James J Nelson
—
Grant Deed
related
—
—
—
1636 Aviation Blvd LLC
—
Deed Of Trust
related
$1,100,000 · Beach Business Bank
—
—
James J Nelson
—
Deed Of Trust
related
$250,000 · Evyen J Klean
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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