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Property profile & analytics
OFF-MARKET
Estimated value
$6,010,000
Investment properties
215 Ave I I Redondo Beach, CA 90277-5609
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6354532
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2000
Construction
WOOD
Total area
21,253 SF
Lot
0.49 ac (21,360 SF)
Zoning code
RBMU-3C(RI
APN
7511-007-052
UPID
US09-6354532
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
by Request
CAP Approach
CAP
$6.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.01M
Owner & transaction history
First Republic Bk · 8 yrs held
First Republic Bk
since 2018
7 recorded transactions
Zoning & alternative use
RBMU-3C(RI · Redondo 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,175,000
6.5%
$6,620,000
7%
$6,150,000
Blend value · Realmo final
$6.01M
Range $5.41M – $6.61M · ±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
$283 / 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
$96,452
Tax year 2024
Assessed value
$8,271,576
Assessed 2024
Previous assessed
$8,271,576
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$3,145,063
Assessed improvement
$5,126,513
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2000
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
12
Bathrooms
24
Total area
21,253 SF
Lot
0.49 ac (21,360 SF)
Zoning code
RBMU-3C(RI
APN
7511-007-052
UPID
US09-6354532
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBMU-3C(RI · Redondo Beach, CA
Zoning RBMU-3C(RI · permitted uses
RBMU-3C(RI · 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.
Building & site characteristics
From public records
Year built
2000
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
12
Bathrooms
24
Lot
0.49 ac
Current owner
From public records · entity-resolved
First Republic Bk
Individual
Mailing address
8885 VENICE BLVD STE #200, LOS ANGELES, CA 90034-3242
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Aug 2, 2021
—
Valleyheart Group LLC
—
Deed
related
$7,500,000 · First Republic Bank
Jul 10, 2018
$7,000,000
First Republic Bk
Valleyheart Group LLC
Grant Deed
related
—
Jul 10, 2018
—
Valleyheart Group LLC
—
Deed
related
$7,000,000 · First Republic Bank
Dec 9, 2011
$2,355,500
Valleyheart Group LLC
Sarkis Investments II LLC
Grant Deed
—
Jul 30, 2004
$7,750,000
Sarkis Investments II LLC
Alyeshmerni,tr
Grant Deed
$4,875,000 · Cwcapital LLC
Nov 8, 2002
—
Alyeshmerni,siona Tr
Ota,m
Grant Deed
related
—
May 12, 1999
—
Minoru Ota
Ota,m
Quit Claim Deed
related
$3,300,000 · China Trust Bank
Sep 2, 1992
$1,537,901
Minoru Ota
Hayashi,ryuzo
Trustees Deed
related
—
Jun 21, 1989
$2,000,000
Hayashi Ryuzo&ta
Corporate Assura
Trustees Deed
—
Jun 21, 1989
$1,509,500
Corporate Assura
Kim
Trustees Deed
related
—
—
—
Sarkis Investments II LLC
—
Deed Of Trust
related
$40,000 · Jack Williams Ents INC
—
—
Sarkis Investments II LLC
—
Deed Of Trust
related
$274,000 · Lucy Ulikhanova
—
—
Valleyheart Group LLC
—
Deed Of Trust
related
$4,875,000 · Us Bk NA Series 2004-hq4 (ce)
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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