Technical
Financial
Distress signals
Property profile

2231 Hermosa Ave 1 Hermosa Beach, CA 90254

OFF-MARKET
Apartment buildings
Property ID
US09-7174379
4,471 SF 0.09 ac lot Built 1954
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1954
Construction WOOD
Total area 4,471 SF
Lot 0.09 ac (4,110 SF)
Zoning code HBR3YY
APN 4182-003-009
UPID US09-7174379

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Film Production

Location

2231 Hermosa Ave, Unit 1 Hermosa Beach, CA 90254-2528
Hermosa Beach metro Census 621005 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
$418k
Blend (final) Blend
$645k

Owner & transaction history

since 2015
7 recorded transactions
2020
Price N/A
2015
Price N/A
2008
Price N/A
2007
$3.7M
2006
$3.0M
1999
Price N/A
1999
Price N/A

Zoning & alternative use

HBR3YY · Hermosa Beach, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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