Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Office buildings
2308 Artesia Blvd Redondo Beach, CA 90278-3114
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US09-6755150
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
WOOD
Total area
2,215 SF
Lot
0.15 ac (6,506 SF)
Zoning code
RBC-2-PD
APN
4157-003-008
UPID
US09-6755150
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
-
Ross Moore Realty Inc Real Estate Agency
-
Riviera Property Management Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$795k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$785k
Owner & transaction history
Ross L Moore JR · 16 yrs held
Ross L Moore JR
since 2009
7 recorded transactions
Zoning & alternative use
RBC-2-PD · Redondo Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+29.9%
Auto repair, garage
$1.0M
+3.1%
Medical building
$1.0M
+1.4%
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%
$860,000
6.5%
$795,000
7%
$740,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$995,000
Current use
COMMERCIAL (GENERAL)
$1,290,000
Change: +30% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,025,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$1,005,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$785k
Range $707k – $864k · ±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
$354 / 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
$16,240
Tax year 2024
Assessed value
$1,392,054
Assessed 2024
Previous assessed
$1,392,054
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$759,303
Assessed improvement
$632,751
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
2,215 SF
Lot
0.15 ac (6,506 SF)
Zoning code
RBC-2-PD
APN
4157-003-008
UPID
US09-6755150
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
OFFICE BUILDING Current
Est. value
$995,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1980
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Ross L Moore JR
Individual
Mailing address
2308 ARTESIA BLVD, REDONDO BEACH, CA 90278-3114
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2017
—
Ross L Moore JR
—
Deed
related
$535,000 · California Bk&tr
Nov 9, 2009
—
Ross L Moore JR
Wells Fargo Bank NA
Corporation Deed
$630,000 · Wells Fargo Bank NA
Aug 18, 2009
$633,780
Fargo Bk NA Wells
Td Service Co
Trustees Deed
related
—
Mar 16, 2007
—
Carey G Martz
Martz,susan G
Quit Claim Deed
related
—
Mar 16, 2007
$1,150,000
Carey G Martz
First Security Exchange Corp
Grant Deed
$690,000 · Wells Fargo Bank NA
Nov 15, 2006
—
First Security Exchange Corp
Lacharite M & C Fam Trust
Grant Deed
—
Nov 6, 1997
—
Lacharite Edward
Lacharite,e
Quit Claim Deed
related
—
Nov 23, 1994
—
Mark Lacharite
Lacharite,r Trustee
Quit Claim Deed
related
—
—
—
Carey G Martz
—
Deed Of Trust
related
$361,000 · Cdc Small Business Finance Co
—
—
Ross L Moore JR
—
Deed Of Trust
related
$535,000 · California Bk&tr
—
—
La Charite Const INC
—
Deed Of Trust
related
$317,500 · La Charite 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2308 Artesia Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
