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Property profile & analytics
OFF-MARKET Estimated value $2,005,000
Investment properties

1927 Artesia Blvd Redondo Beach, CA 90278-2977

5,881 SF 0.15 ac lot Built 1962
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-6987955
Property summary
AI-generated overview

This unique special purpose property, located at 1927 Artesia Boulevard in Redondo Beach, California, presents a compelling investment opportunity at an asking price of $100,000. Situated in Los Angeles County, zip code 90278, this property offers a distinct chance for creative buyers. The property's precise use is undefined, allowing for a wide range of potential applications tailored to the buyer's specific needs and vision. The address is conveniently located at 33.8731382 latitude and -118.3789121 longitude, providing easy access to local amenities and transportation networks within Redondo Beach. Given its "Special Purpose" designation and lack of defined units, this property is ideal for those seeking a blank canvas for development or a unique investment outside of traditional multi-family or commercial uses. The absence of existing units allows for complete customization and the potential to maximize the property's value based on a tailored approach. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is offered as-is. Further due diligence is recommended to fully assess the property's potential and suitability for intended use. This is a rare opportunity to acquire a unique property in a desirable location at an attractive price point.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1962
Construction WOOD
Total area 5,881 SF
Lot 0.15 ac (6,474 SF)
Zoning code RBMU-1
APN 4155-029-033
UPID US09-6987955
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
  • GreenRoom Barber Studio Barber Shop
  • Pains Go Away Physician Alternative Medicine Practice
  • Weight Loss Hermosa Beach Weight Loss Service Alternative Medicine Practitioner
  • Frank E. Kaden, D.C. Chiropractic, Inc. Alternative Medicine Practice
  • Muun Chi Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.83M
Comparable Approach Comparable
$1.31M
Blend (final) Blend
$2.01M
Owner & transaction history
T&s Investment LLC · 9 yrs held
T&s Investment LLC
since 2017
6 recorded transactions
2024
Price N/A
2017
Price N/A
2017
$2.9M
2012
Price N/A
2012
$1.4M
2004
Price N/A
Zoning & alternative use
RBMU-1 · Redondo Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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