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    Property profile & analytics

    245 Palos Verdes Blvd Redondo Beach, CA 90277-5820

    • Community centers
    • 21,561 SF
    • 1.12 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 02, 2022
    Location Intelligence
    Property ID
    US10-0139098
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Vons / Bakery / Grocery Store
    • Redbox / Movie Rental Kiosk / Dvd Store
    • Vons Bakery / Bakery
    • KeyMe Locksmiths / Key Duplication Service / Emergency Locksmith Service
    • Western Union / Money Transfer Service

    Property Details for 245 Palos Verdes Blvd

    Year built
    1962
    Construction
    TILT-UP CONCRETE
    Lot size
    1.12 lot acres
    Property size
    21,561 SF
    Zone code
    RBC-4(RIV)
    Property type
    Community centers
    APN
    7511-014-011
    APU
    7511014011

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Redondo Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.386
    Latitude
    33.8162
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $212,641
    $15,010,827
    $3,532,904
    $18,543,731
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,837 SF

      201 Palos Verdes Blvd

      MINI-MALL • 7,837 SF
      201 Palos Verdes Blvd, Redondo Beach, CA 90277-5820
      View Details
    • Value Estimation by Request
      3,363 SF

      201 Palos Verdes Blvd

      MINI-MALL • 3,363 SF
      201 Palos Verdes Blvd, Redondo Beach, CA 90277-5820
      View Details
    • Value Estimation by Request
      18,790 SF

      302 Ave I I

      MINI-MALL • 18,790 SF
      302 Ave I I, Redondo Beach, CA 90277-5601
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    • Value Estimation by Request
      5,450 SF

      531 Pacific Coast Hwy

      MINI-MALL • 5,450 SF
      531 Pacific Coast Hwy, Redondo Beach, CA 90277-2104
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    • Value Estimation by Request
      8,971 SF

      600 Torrance Blvd

      MINI-MALL • 8,971 SF
      600 Torrance Blvd, Redondo Beach, CA 90277-3415
      View Details
    • Value Estimation by Request
      10,054 SF

      625 Pacific Coast Hwy

      MINI-MALL • 10,054 SF
      625 Pacific Coast Hwy, Redondo Beach, CA 90277-2107
      View Details

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    Similar Nearby for Lease

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      Prime Retail Space, Multiple Units Available
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      Retail property in Redondo Beach, CA, currently 100% leased.
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      Redondo Beach Office Space

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      Redondo Beach Office/Retail Space

      Office and retail spaces available for lease in Redondo Beach.
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      Retail Space in Redondo Beach

      Retail space available for rent in Redondo Beach, CA.
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      King Harbor Plaza Retail Space

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    Property Visit Statistics

    • Visits by month
      49.1k
    • Visitors by month
      26.2k
    • Avg Time on site
      18 min
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    245 Palos Verdes Blvd
    Redondo Beach, CA 90277-5820
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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