Property profile

2423 Artesia Blvd Redondo Beach, CA 90278

OFF-MARKET
Turn key restaurants
Property ID
US10-0401299
1,570 SF 0.09 ac lot Built 1946
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1946
Construction TILT-UP CONCRETE
Total area 1,570 SF
Lot 0.09 ac (3,745 SF)
Zoning code RBC-2-PD
APN 4153-005-024
UPID US10-0401299

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
  • Restaurant

Location

2423 Artesia Blvd Redondo Beach, CA 90278-3207
Redondo Beach metro Census 620521 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2016
7 recorded transactions
2016
$862,500
2015
Price N/A
2015
$610,000
2003
Price N/A
2003
Price N/A
1994
Price N/A
1994
Price N/A

Zoning & alternative use

RBC-2-PD · Redondo 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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