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Property profile & analytics
OFF-MARKET
Estimated value
$3,810,000
Medical Office Space
1917 Catalina Ave Redondo Beach, CA 90277-5515
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7878418
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1956
Construction
WOOD
Total area
4,030 SF
Lot
0.12 ac (5,298 SF)
Zoning code
RBC-2-PD(R
APN
7511-016-031
UPID
US09-7878418
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
-
Rastogi Manoj DDS Dental Office
-
Christina Calzadilla, LMFT Crisis Center Medical Clinic
-
H. Elena Rodriguez, M.D. Inc Physician
-
Kelly Spagnuolo, MFT Marriage Or Relationship Counselor Family Counselor
-
Linda Tran, NP Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.78M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.99M
Blend (final)
Blend
$3.81M
Owner & transaction history
Obispo LLC · 3 yrs held
Obispo LLC
since 2023
Last sale
$3.8M
5 recorded transactions
Zoning & alternative use
RBC-2-PD(R · Redondo Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.8M
+54.8%
Neighborhood: shopping center
$2.5M
+33.9%
Commercial (general)
$2.4M
+28.2%
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
$3,870,000
ML approach
$3,775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,835,000
Change: +55% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,455,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,350,000
Change: +28% · Conversion: Easy
Blend value · Realmo final
$3.81M
Range $3.43M – $4.19M · ±10% · vs last sale $3.80M (Jan 25 2023)
Last sale anchor
$3.80M
Jan 25 2023
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
$945 / 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
$43,602
Tax year 2024
Assessed value
$3,876,000
Assessed 2024
Previous assessed
$3,876,000
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$2,040,000
Assessed improvement
$1,836,000
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
1956
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,030 SF
Lot
0.12 ac (5,298 SF)
Zoning code
RBC-2-PD(R
APN
7511-016-031
UPID
US09-7878418
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBC-2-PD(R · Redondo Beach, CA
Zoning RBC-2-PD(R · permitted uses
RBC-2-PD(R · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.4M
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1956
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Obispo LLC
Entity
Mailing address
352 PASEO DE ARENA, TORRANCE, CA 90505-6227
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2023
$3,800,000
Obispo LLC
Kjell Ake Hellberg
Grant Deed
$3,230,000 · First Citizens Bank & Trust Co
Dec 13, 2019
—
Kjell Ake Hellberg
—
Deed
related
$400,000 · First Republic Bank
Aug 7, 1989
—
Hellberg Fmly Tr
Heelb
Grant Deed
related
—
—
—
Hellberg Trust
—
Deed Of Trust
related
$100,000 · Bay Cities National Bank
—
—
Hellberg Family Trust
—
Deed Of Trust
related
$300,000 · Bay Cities National 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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