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Property profile & analytics
OFF-MARKET
Estimated value
$5,390,000
Apartment buildings
1801 Manhattan Bch Blvd Manhattan Beach, CA 90266-6238
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7875559
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Construction
WOOD
Total area
3,192 SF
Lot
0.09 ac (3,725 SF)
Zoning code
MNCG
APN
4165-024-030
UPID
US09-7875559
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.39M
Owner & transaction history
The Lim Family Limited Partnership · 3 yrs held
The Lim Family Limited Partnership
since 2022
Last sale
$5.9M
7 recorded transactions
Zoning & alternative use
MNCG · Manhattan Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.5M
+550.3%
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
$4,885,000
ML approach
$4,875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,475,000
Change: +550% · Conversion: Moderate
Blend value · Realmo final
$5.39M
Range $4.85M – $5.93M · ±10% · vs last sale $5.90M (Nov 16 2022)
Last sale anchor
$5.90M
Nov 16 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
$1,689 / 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
$33,569
Tax year 2024
Assessed value
$2,879,167
Assessed 2024
Previous assessed
$2,879,167
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$947,580
Assessed improvement
$1,931,587
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Construction
WOOD
Heating
NONE
Cooling
YES
Units
5
Bathrooms
5
Total area
3,192 SF
Lot
0.09 ac (3,725 SF)
Zoning code
MNCG
APN
4165-024-030
UPID
US09-7875559
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
OFFICE BUILDING
Est. value
$5.5M
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
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
5
Bathrooms
5
Lot
0.09 ac
Current owner
From public records · entity-resolved
The Lim Family Limited Partnership
Entity
Mailing address
152 W WALNUT ST STE #290, GARDENA, CA 90248-3147
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2022
$5,900,000
The Lim Family Limited Partnership
Adw No 1 LLC
Grant Deed
—
Dec 20, 2021
—
Adw No 1 LLC
—
Deed
related
$3,600,000 · The Tokyo Star Bank
Dec 13, 2019
—
Adw No 1 LLC
—
Deed
related
$3,600,000 · The Tokyo Star Bank
Jun 13, 2019
$4,740,000
Adw-no 1 LLC
565 Saratoga Square LLC
Grant Deed
—
Apr 29, 2014
$3,250,000
565 Saratoga Square LLC
1801 Manhattan LLC
Grant Deed
—
Apr 29, 2014
—
1801 Manhattan LLC
Bts LP
Quit Claim Deed
related
—
Oct 30, 2013
—
1801 Manhattan LLC
Summa West LLC
Grant Deed
—
Jul 22, 2013
$3,065,000
Summa West LLC
Bts LP
Grant Deed
—
Nov 30, 2012
—
Partners LP Harkness
Harkness Partners
Quit Claim Deed
related
—
Nov 30, 2012
$2,300,000
Bts LP
Harkness Partners LP
Grant Deed
$1,800,000 · Harkness Partners LP
—
—
Partners Harkness
—
Deed Of Trust
related
$500,000 · Beach Business 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.
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