1927 Artesia Blvd Redondo Beach, CA 90278-2977
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RBMU-1 · Redondo Beach, CARedondo Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.