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Property profile & analytics
FOR LEASE
Investment properties
205 Pier Ave Hermosa Beach, CA 90254
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6293751
For Lease
1 / 7
$67.92 SF/Yr
205 Pier Ave, Hermosa Beach, CA 90254
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2012
Construction
WOOD
Total area
6,503 SF
Lot
0.13 ac (5,471 SF)
Zoning code
HBC2YY
APN
4183-013-001
UPID
US09-6293751
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
-
SharkReach, Inc Media Distribution
-
E & B Natural Resources Management Oil & Natural Gas Company
-
Cambria Hotel & Motel Bed & Breakfast
-
Fusion Hair Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.97M
Owner & transaction history
Sailfish 205 LLC · 6 yrs held
Sailfish 205 LLC
since 2020
Last sale
$7.8M
7 recorded transactions
Zoning & alternative use
HBC2YY · 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
$7,980,000
ML approach
$8,290,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.97M
Range $7.17M – $8.76M · ±10% · vs last sale $7.80M (Apr 1 2020)
Last sale anchor
$7.80M
Apr 1 2020
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
$1,225 / 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
$90,310
Tax year 2024
Assessed value
$8,363,174
Assessed 2024
Previous assessed
$8,363,174
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$5,789,890
Assessed improvement
$2,573,284
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
2012
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
6,503 SF
Lot
0.13 ac (5,471 SF)
Zoning code
HBC2YY
APN
4183-013-001
UPID
US09-6293751
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HBC2YY · Hermosa Beach, CA
Zoning HBC2YY · permitted uses
HBC2YY · 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
2012
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Sailfish 205 LLC
Entity
Mailing address
338 PIER AVE, HERMOSA BEACH, CA 90254-3617
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2020
$7,800,000
Sailfish 205 LLC
Greg M Gawlik
Grant Deed
—
Nov 7, 2012
—
205 Pier LLC
Raju Chhabria
Quit Claim Deed
related
$2,500,000 · Citibank NA
Jun 25, 2010
—
Raju Chhabria
One Worldwide Investments INC
Grant Deed
—
Oct 2, 2009
$138,000
One Worldwide Investments INC
Chhabria,raju & Philomina
Grant Deed
—
Apr 17, 2008
$1,720,000
Raju Chhabria
Ahn,won S & Katsuko
Grant Deed
$1,204,000 · Bay Cities National Bank
Sep 2, 1988
$166,000
Park Place Props
Mccl
Trustees Deed
—
Sep 2, 1988
$45,000
Robert Mcclellan
Park
Trustees Deed
—
Sep 2, 1988
$167,000
Won S Ahn
Park Place Props
Trustees Deed
$166,000 · Bay Cities National Bank
Mar 9, 1988
$14,091
Steven Mitchell
Lapoi
Trustees Deed
related
—
Mar 3, 1988
$160,000
Robert Mcclellan
Lapoi
Quit Claim Deed
related
—
—
—
Raju Chhabria
—
Deed Of Trust
related
$700,000 · Jain Adesh S Trust
—
—
James P Lapoint
—
Deed Of Trust
related
$160,000 · Torrance National Bank
—
—
Raju Chhabria
—
Deed Of Trust
related
$1,200,000 · Jain Adesh Trust
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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