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Property profile & analytics
OFF-MARKET
Estimated value
$1,845,000
Retail space
1751 Artesia Blvd Manhattan Beach, CA 90266-7155
Individually Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7875548
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1981
Construction
TILT-UP CONCRETE
Total area
6,915 SF
Lot
0.41 ac (17,660 SF)
Zoning code
MNCG
APN
4163-008-042
UPID
US09-7875548
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
-
Ameci Pizza Pasta Kitchen Restaurant
-
Verizon Mobile Phone Store Electronics & Wireless Store
-
Busaba Thai Massage Alternative Medicine Practice Spa & Massage Center
-
Arunluck Thai Massage Alternative Medicine Practice Spa & Massage Center
-
MB nails and spa Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.36M
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.85M
Owner & transaction history
Steven J Fogel · 19 yrs held
Steven J Fogel
since 2007
7 recorded transactions
Zoning & alternative use
MNCG · Manhattan 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,550,000
6.5%
$2,355,000
7%
$2,185,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,650,000
Current use
COMMERCIAL (GENERAL)
$2,135,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$1.85M
Range $1.66M – $2.03M · ±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
$267 / 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
$37,701
Tax year 2024
Assessed value
$3,125,336
Assessed 2024
Previous assessed
$3,125,336
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,341,768
Assessed improvement
$1,783,568
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
4
Total area
6,915 SF
Lot
0.41 ac (17,660 SF)
Zoning code
MNCG
APN
4163-008-042
UPID
US09-7875548
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNCG · Manhattan Beach, CA
Zoning MNCG · permitted uses
MNCG · 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
RETAIL STORES Current
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.1M
RETAIL STORES Current
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
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
4
Lot
0.41 ac
Current owner
From public records · entity-resolved
Steven J Fogel
Individual
Mailing address
10877 WILSHIRE BLVD STE #1105, LOS ANGELES, CA 90024-4368
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2022
—
Sjf 8135 LLC
—
Deed
related
$3,000,000 · Unify Financial FCU
Oct 31, 2018
—
Sjf 8135 LLC
—
Deed
related
$2,300,000 · Farmers & Merchants Bk/lng Bch
Jan 11, 2007
—
Steven J Fogel
Fogel,steven
Quit Claim Deed
—
Oct 26, 2006
—
Steven J Fogel
Fogel,darlene
Quit Claim Deed
related
—
Aug 23, 2004
—
Steve Fogel
Fogel,steven J
Quit Claim Deed
related
—
Feb 2, 1988
$1,498,590
Steven J Fogel
Unknown
Grant Deed
—
—
—
Steven J Fogel
—
Deed Of Trust
related
$1,000,000 · Standard Insurance Co
—
—
Sjf 8135 LLC
—
Deed Of Trust
related
$2,300,000 · Farmers & Merchants Bk/lng Bch
—
—
Steven J Fogel
—
Deed Of Trust
related
$142,000 · Joyce Green Ira
—
—
Sjf 8135 LLC
—
Deed Of Trust
related
$3,500,000 · City National Bank
—
—
Steven J Fogel
—
Deed Of Trust
related
$1,000,000 · California Federal Bank
—
—
Steven J Fogel
—
Deed Of Trust
related
$970,000 · Standard Insurance Co
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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