Property profile

234 Pacific Coast Hwy Redondo Beach, CA 90277

OFF-MARKET
Investment properties
Property ID
US09-7878584
22,521 SF 0.69 ac lot Built 1989
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1989
Construction WOOD
Total area 22,521 SF
Lot 0.69 ac (30,051 SF)
Zoning code RBMU-3
APN 7505-020-051
UPID US09-7878584

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
  • Gym & Fitness Center
  • Physician Alternative Medicine Practice
  • Alternative Medicine Practice
  • Veterinary Clinic
  • Dental Office

Location

234 Pacific Coast Hwy Redondo Beach, CA 90277-3383
Redondo Beach metro Census 621301 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.91M
CAP Approach CAP
$7.02M
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.31M

Owner & transaction history

since 2020
Last sale
$9.1M
5 recorded transactions
2020
$9.1M
2001
$2.6M
2000
$821,500
1993
$2.3M
1969
Price N/A

Zoning & alternative use

RBMU-3 · Redondo Beach, CA
Top alternative use upside
Restaurant $14.7M +11.8%
Neighborhood: shopping center $13.7M +4.5%

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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