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Property profile & analytics
OFF-MARKET
Retail space
243 Pacific Coast Hwy Hermosa Beach, CA 90254-5358
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0058305
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1923
Construction
WOOD
Total area
1,992 SF
Lot
0.08 ac (3,502 SF)
Zoning code
HBC3YY
APN
4188-028-029
UPID
US10-0058305
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
-
The Carellas Team Real Estate Agency
-
True Probate Real Estate Agency
-
Amanda’s Dream Home Real Estate Agency
-
Your Home Sold Guaranteed or I'll Buy It - Juliet Cartolano Real Estate Agency
-
Alex Sanchez, Realty One Group United Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
General Realty LLC · 12 yrs held
General Realty LLC
since 2013
5 recorded transactions
Zoning & alternative use
HBC3YY · Hermosa Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Hermosa Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hermosa 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,881
Tax year 2024
Assessed value
$793,952
Assessed 2024
Previous assessed
$793,952
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$617,543
Assessed improvement
$176,409
Applied tax rate
4.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1923
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,992 SF
Lot
0.08 ac (3,502 SF)
Zoning code
HBC3YY
APN
4188-028-029
UPID
US10-0058305
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HBC3YY · Hermosa Beach, CA
Zoning HBC3YY · permitted uses
HBC3YY · Hermosa Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hermosa Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1923
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
General Realty LLC
Entity
Free & Clear · 12 yrs held
Mailing address
1559 S SEPULVEDA BLVD, LOS ANGELES, CA 90025-3311
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2024
—
General Realty LLC
—
Deed
related
$580,000 · Midfirst Bank
Nov 8, 2013
$310,000
General Realty LLC
Beach Plaza LLC
Grant Deed
—
Mar 15, 2012
$605,000
Beach Plaza LLC
Budrovich Family Trust
Grant Deed
—
Sep 8, 2010
—
Budrovich Family Trust
Budrovich,madeline R
Affidavit Of Death
—
May 2, 1996
—
Budrovich,madeline R Trustee
Budrovich M R Trustee,
Quit Claim Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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