Property profile

233 Avenida Del Norte Redondo Beach, CA 90277

OFF-MARKET
Medical Office Space
Property ID
US09-7878551
2,691 SF 0.08 ac lot Built 1955
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1955
Construction WOOD
Total area 2,691 SF
Lot 0.08 ac (3,442 SF)
Zoning code RBC-3-PD(R
APN 7511-012-020
UPID US09-7878551

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
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Architect

Location

233 Avenida Del Norte Redondo Beach, CA 90277-5736
Redondo Beach metro Census 621326 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.37M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.00M
Blend (final) Blend
$2.30M

Owner & transaction history

since 2021
Last sale
$2.3M
7 recorded transactions
2021
$2.3M
2012
Price N/A
2009
Price N/A
2007
Price N/A
2005
Price N/A
2002
Price N/A
1994
$360,000

Zoning & alternative use

RBC-3-PD(R · Redondo Beach, CA
Top alternative use upside
Retail stores $1.9M +54.8%
Neighborhood: shopping center $1.6M +33.9%
Commercial (general) $1.6M +28.2%

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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