Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Investment properties
1908 Artesia Blvd Redondo Beach, CA 90278-2908
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6302810
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1957
Construction
WOOD
Total area
2,494 SF
Lot
0.15 ac (6,502 SF)
Zoning code
RBMU-1
APN
4156-003-006
UPID
US09-6302810
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
-
Aziz Hotel & Motel
-
Takaria Tacos Restaurant
-
The Empanada Shop Restaurant
-
Hair Lounge Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
$775k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$695k
Owner & transaction history
Victor M Montano · 2 yrs held
Victor M Montano
since 2024
Last sale
$697,000
7 recorded transactions
Zoning & alternative use
RBMU-1 · 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
$695,000
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
$840,000
6.5%
$775,000
7%
$720,000
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $697k (May 20 2024)
Last sale anchor
$697k
May 20 2024
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
$279 / 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
$11,803
Tax year 2024
Assessed value
$984,257
Assessed 2024
Previous assessed
$984,257
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$806,279
Assessed improvement
$177,978
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
1957
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
2,494 SF
Lot
0.15 ac (6,502 SF)
Zoning code
RBMU-1
APN
4156-003-006
UPID
US09-6302810
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBMU-1 · Redondo Beach, CA
Zoning RBMU-1 · permitted uses
RBMU-1 · 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
1957
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Victor M Montano
Individual
Mailing address
5146 W 137TH PL, HAWTHORNE, CA 90250-6539
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
May 20, 2024
—
Victor M Montano
Victor M Montano
Intrafamily Transfer
related
—
Jan 27, 2005
$697,000
Victor M Montano
Luis Pena
Grant Deed
$453,000 · Neal Handel
Sep 4, 1998
$220,000
Luis Pena
Rader Trust
Grant Deed
—
Mar 10, 1997
$66,045
Neal Handel Ira 1060462433
Herrera,eddiberto A
Trustees Deed
—
Apr 29, 1991
—
Eddiber Herreram
Herrera,sandra G
Quit Claim Deed
related
$32,000 · Bank Of Beverly Hills
Mar 14, 1988
—
Eddibert Herrera
Herr
Quit Claim Deed
related
$100,000 · California First Bank
—
—
Luis Pena
—
Deed Of Trust
related
$220,000 · Pestel Trust
—
—
Eddiberto A Herrera
—
Deed Of Trust
related
$57,000 · Individual
—
—
Victor M Montano
—
Deed Of Trust
related
$250,000 · East West 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1908 Artesia Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
