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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Apartment buildings
20 22nd St Hermosa Beach, CA 90254-2500
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-8406350
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Construction
WOOD
Total area
3,646 SF
Lot
0.08 ac (3,296 SF)
Zoning code
HBC1*
APN
4182-004-008
UPID
US09-8406350
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
$315k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$341k
Blend (final)
Blend
$520k
Owner & transaction history
Kal Props LLC
Kal Props LLC
since 2025
7 recorded transactions
Zoning & alternative use
HBC1* · Hermosa 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 Hermosa Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hermosa 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
by Request
ML approach
$315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±10%
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
$143 / 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
$25,573
Tax year 2024
Assessed value
$2,257,770
Assessed 2024
Previous assessed
$2,257,770
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,596,020
Assessed improvement
$661,750
Applied tax rate
4.0000
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
Year built
1959
Construction
WOOD
Heating
NONE
Cooling
YES
Units
5
Total area
3,646 SF
Lot
0.08 ac (3,296 SF)
Zoning code
HBC1*
APN
4182-004-008
UPID
US09-8406350
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HBC1* · Hermosa Beach, CA
Zoning HBC1* · permitted uses
HBC1* · Hermosa Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hermosa Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
5
Lot
0.08 ac
Current owner
From public records · entity-resolved
Kal Props LLC
Entity
Mailing address
151 4TH ST W UNIT #1686, KETCHUM, ID 83340-7268
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Sep 9, 2025
—
Kal Props LLC
Katherine A Mora Revocable Trust
Grant Deed
—
Jan 9, 2017
—
Katherine A Kernochan
Kernochan,jeffrey S
Quit Claim Deed
related
—
Mar 12, 2014
$228,000
Kernochan Family Trust
Security Fse One-hundred & Sev
Grant Deed
—
Nov 1, 2013
$1,650,000
Fse One-hundred Security
Reimer,chandra
Grant Deed
$1,690,644 · Kernochan Family Trust
Aug 23, 2013
—
Chandra Reimer
Johnson Patricia
Quit Claim Deed
—
Dec 23, 2009
—
Patricia A Brewer
Hicks R A & F M 1976 Trust
Grant Deed
—
May 17, 2004
—
Hicks,tr
Hicks,tr
Quit Claim Deed
related
—
Feb 26, 1971
$85,000
—
—
Grant Deed
related
—
—
—
Kernochan Family Trust
—
Deed Of Trust
related
$900,000 · Bank Of Manhattan
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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