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Property profile & analytics
FOR LEASE
Retail space
2205 Artesia Blvd Redondo Beach, CA 90278
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0399651
For Lease
1 / 4
$1,700,000
2205 Artesia Blvd, Redondo Beach, CA 90278
View Listing →
Property summary
AI-generated overview
This exceptional, single-story commercial property in Redondo Beach offers a unique opportunity for multiple tenants. Built and renovated in 2024, this 4,480 square foot building boasts two suites, providing flexibility for various business needs. Currently, 950 square feet of prime retail or office space is immediately available, perfect for a start-up or expansion. The building features ample parking with 24 spaces available for tenants and their clients. The modern design and recent completion ensure a move-in ready experience with up-to-date amenities. The property's location in Redondo Beach offers excellent visibility and accessibility, making it an ideal location for businesses seeking a thriving commercial environment. This is a rare chance to secure space in a brand-new, well-designed building with convenient parking in a desirable coastal city. Don't miss this opportunity to establish your business in a prime Redondo Beach location. Contact us today to schedule a viewing and discuss your business needs. The available space is ready for immediate occupancy.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Construction
WOOD
Total area
4,480 SF
Lot
0.3 ac (12,935 SF)
Zoning code
RBC-2-PD
APN
4155-032-019
UPID
US10-0399651
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
-
Manhattan Beach Smoke Shop (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
$1.53M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.70M
Owner & transaction history
2205 Artesia Blvd LLC · 4 yrs held
2205 Artesia Blvd LLC
since 2022
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
RBC-2-PD · 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
$1,615,000
ML approach
$1,680,000
CAP Approach
CAP Return
Estimation
6%
$1,650,000
6.5%
$1,525,000
7%
$1,415,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,725,000
Change: -11% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,610,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10% · vs last sale $1.75M (Jun 3 2022)
Last sale anchor
$1.75M
Jun 3 2022
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
$379 / 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
$22,082
Tax year 2024
Assessed value
$1,857,113
Assessed 2024
Previous assessed
$1,857,113
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,379,570
Assessed improvement
$477,543
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1955
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,480 SF
Lot
0.3 ac (12,935 SF)
Zoning code
RBC-2-PD
APN
4155-032-019
UPID
US10-0399651
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBC-2-PD · Redondo Beach, CA
Zoning RBC-2-PD · permitted uses
RBC-2-PD · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1955
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
2205 Artesia Blvd LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2455 SEPULVEDA BLVD STE G, TORRANCE, CA 90501-4342
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2022
—
2205 Artesia Blvd LLC
Manhattan Beach Smoke Shop INC
Quit Claim Deed
related
—
Mar 30, 2021
$1,750,000
Manhattan Beach Smoke Shop INC
Umc LLC
Grant Deed
$1,100,000 · Commonwealth Business Bank
May 27, 2016
—
Tumy N Carter
Carter,gerald L
Quit Claim Deed
$780,000 · Wells Fargo Bank NA
Oct 12, 2006
—
Chinh Long Nguyen
Rebecca Do
Intrafamily Transfer
related
$975,000 · Washington Mutual Bank
Aug 11, 1997
—
Thuc U Nguyen
Nguyen,m & N
Quit Claim Deed
related
—
Nov 10, 1992
$114,500
Mac Nguyen
Bisignano,flavio
Grant Deed
$101,375 · Seller
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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