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Property profile & analytics
OFF-MARKET
Manufacturing properties
2613 Artesia Blvd Redondo Beach, CA 90278-3311
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6302494
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2011
Construction
TILT-UP CONCRETE
Total area
1,520 SF
Lot
0.15 ac (6,496 SF)
Zoning code
RBC-2
APN
4153-021-019
UPID
US09-6302494
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
-
Shailee Connolly Photography (Bike/Boat/Book/etc) Store Photography Service
-
Derma Spa Laser Clinic Spa & Massage Center Alternative Medicine Practice
-
Advanced Design & Construction Construction Company
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
Somonte INC · 12 yrs held
Somonte INC
since 2014
7 recorded transactions
Zoning & alternative use
RBC-2 · Redondo 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 Redondo Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redondo 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
$11,716
Tax year 2024
Assessed value
$1,001,110
Assessed 2024
Previous assessed
$1,001,110
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$835,263
Assessed improvement
$165,847
Applied tax rate
8.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2011
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
1,520 SF
Lot
0.15 ac (6,496 SF)
Zoning code
RBC-2
APN
4153-021-019
UPID
US09-6302494
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBC-2 · Redondo Beach, CAZoning RBC-2 · permitted uses
RBC-2 · Redondo Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2011
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Somonte INC
Entity
Mailing address
1432 S IRENA AVE, PALOS VERDES PENINSULA, CA 90274
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2014
—
Somonte INC
E & M Properties LLC
Quit Claim Deed
related
$500,000 · Wells Fargo Bank NA
Dec 6, 2013
—
Somonte INC
E & M Properties LLC
Quit Claim Deed
related
—
Aug 26, 2009
—
E & M Properties LLC
Soltani,esmail
Quit Claim Deed
related
—
Mar 4, 2009
—
E & M Property LLC
Soltani,esmail
Quit Claim Deed
related
—
Jul 31, 2007
—
Esmail Soltani
Soltani,mansoure
Quit Claim Deed
related
$300,000 · Vineyard Bank
Apr 12, 2006
$640,000
Esmail Soltani
Merino,john & Dorothy
Grant Deed
$419,000 · Vineyard Bank
Mar 5, 1971
—
John Merino
Owner Name Unavailable
Grant Deed
related
—
—
—
John Merino
—
Deed Of Trust
related
$125,000 · Us District Court
—
—
John Merino
—
Deed Of Trust
related
$368,000 · Budget Finance Co
—
—
John Merino
—
Deed Of Trust
related
$125,000 · Us District Court
—
—
E & M Properties LLC
—
Deed Of Trust
related
$300,000 · Mirrashidi Family Trust
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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