Entity Owned Property summary
AI-generated overview
This exceptional Redondo Beach retail property presents a compelling value-add redevelopment opportunity. Located at 2500 Artesia Blvd, 90278, this 3,218 square foot building sits on a 9,758 square foot corner lot in Los Angeles County, zoned RBC-2-PD. Built in 1948, the single-story structure offers 15 parking spaces and is currently vacant, allowing for immediate occupancy. The asking price is $2,799,999, translating to $870.11 per square foot and $307.44 per square foot for the land. The property features a gross lease type with no tenant credit and a 50% occupancy rate as of May 1, 2023. The building has two units and is suitable for various uses, including a bar, convenience store, or restaurant. Its prime location ensures high visibility and significant daytime traffic. The property's potential for redevelopment and its possible suitability for licensed cannabis retail adds further investment appeal. The APN is 4157-001-023. This is a rare opportunity to acquire a well-positioned retail space in a thriving coastal community. The property can be delivered vacant at the close of escrow.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Construction
WOOD
Total area
3,218 SF
Lot
0.22 ac (9,758 SF)
Zoning code
RBC-2-PD
APN
4157-001-023
UPID
US09-6306381
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
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$692k
Blend (final)
Blend
$725k
Owner & transaction history
since 2017
7 recorded transactions
Zoning & alternative use
RBC-2-PD · Redondo Beach, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 21 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$725k
Value range
$653k – $798k
±10% around blend
Estimated value / SF
$225 / SF
Confidence
High
21 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$653k
blend $725k
$798k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,218 SF
Lot area
0.22 ac
Year built
1948
Stories
1
APN
4157-001-023
Zoning
RBC-2-PD
Assessed value
$1,570,199
Annual tax
$18,486
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.33M
Weighted, 20 comps · high confidence
Evidence
21 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.6 mi away · 2,400 SF
2.7 mi away · 3,700 SF
2.8 mi away · 3,900 SF
3.0 mi away · 2,625 SF
3.3 mi away · 2,647 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$725k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 36 sales
$686
-67%
County 3566 sales
$383
-41%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $225/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 21 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.57M
Move the market yield to see immediate price impact.
Value / SF
$488
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$99k
$1.98M
$1.41M
$1.10M
$110k
$2.20M
$1.57M
$1.22M
$121k
$2.42M
$1.73M
$1.34M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
21 found
High confidence · county-verified
Closest comparable
$1.69M
0.4 mi · Nov 2025 · $484/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$18,486
Tax year 2024
Assessed value
$1,570,199
Assessed 2024
Previous assessed
$1,570,199
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,109,381
Assessed improvement
$460,818
Applied tax rate
8.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1948
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,218 SF
Lot
0.22 ac (9,758 SF)
Zoning code
RBC-2-PD
APN
4157-001-023
UPID
US09-6306381
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBC-2-PD · Redondo Beach, CAZoning RBC-2-PD · permitted uses
RBC-2-PD · Redondo Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1948
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.22 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RBC-2-PD
Jurisdiction
Redondo Beach, CA
Recorded code
RBC-2-PD
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RBC-2-PD in Redondo Beach, CA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2500 Artesia Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Get access to Data & Analytics
Choose membership plan that suits your needs
Unlock Full Report
$9
one-time
Single Property Report
Full report includes
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
MOST POPULAR
Professional Plan
$99
/mo
30 property reports a month.
Cancel anytime.
Cancel anytime.
Your membership includes
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Enterprise Plan
$299
/mo
300 property reports a month.
Cancel anytime.
Cancel anytime.
Your membership includes
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Unlock Light Report
Free
Confirm your email
and get 1 Light Report
and get 1 Light Report
Light report includes
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight
Confirm your e-mail to get the report
