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Property profile & analytics
FOR LEASE
Investment properties
2615 190Th St Redondo Beach, CA 90278
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7375284
For Lease
1 / 8
$1,530,000
2615 190Th St, Redondo Beach, CA 90278
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1988
Construction
WOOD
Total area
14,701 SF
Lot
0.56 ac (24,371 SF)
Zoning code
RBC-2
APN
4158-017-018
UPID
US09-7375284
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
-
Farmers Insurance - Gregory Podegracz Insurance Agency
-
Farmers Insurance Insurance Agency
-
Joy Hair Studio Hair Salon Nail Salon
-
Covered California Certified Agent Insurance Agency
-
Guagenti & Damsky Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.54M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.53M
Owner & transaction history
Redondo Gateway LLC · 4 yrs held
Redondo Gateway LLC
since 2022
Last sale
$1.5M
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
Method
Estimation
Statistic approach
$1,545,000
ML approach
$1,535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.53M
Range $1.38M – $1.68M · ±10% · vs last sale $1.52M (Jan 11 2022)
Last sale anchor
$1.52M
Jan 11 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$104 / SF
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
$39,804
Tax year 2024
Assessed value
$2,897,459
Assessed 2024
Previous assessed
$2,897,459
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$2,266,462
Assessed improvement
$630,997
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1988
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
14,701 SF
Lot
0.56 ac (24,371 SF)
Zoning code
RBC-2
APN
4158-017-018
UPID
US09-7375284
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBC-2 · Redondo Beach, CA
Zoning 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
Redondo Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Redondo Gateway LLC
Entity
Mailing address
8665 WILSHIRE BLVD STE #410, BEVERLY HILLS, CA 90211-2933
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2022
—
Redondo Gateway LLC
Cardinal Equities LLC
Quit Claim Deed
related
$31,675,000 · Umpqua Bank
Feb 3, 2017
—
Cardinal Equities LLC
—
Deed
related
$1,759,561 · Amd Invs LLC
Dec 23, 2016
—
Cardinal Equities LLC
—
Deed
related
$3,000,000 · Preferred Bk
Mar 13, 2008
$1,520,000
Cardinal Equities LLC
Tordondo Ltd
Grant Deed
—
Feb 11, 1999
$575,000
Tordondo Ltd
California Institute Technolog
Grant Deed
$950,000 · Malaga Bank
—
—
Cardinal Equities LLC
—
Deed Of Trust
related
$771,799 · 611 N Orlando LLC
—
—
Cardinal Equities LLC
—
Deed Of Trust
related
$1,800,000 · Amd Investments LLC
—
—
Tordondo Ltd
—
Deed Of Trust
related
$1,230,000 · American Equity Inv Life Ins
—
—
Cardinal Equities LLC
—
Loan Modification
related
$3,000,000 · Preferred Bk
—
—
Cardinal Equities LLC
—
Deed Of Trust
related
$1,759,561 · Amd Invs LLC
—
—
Cardinal Equities LLC
—
Deed Of Trust
related
—
Apr 8, 1964
—
—
—
Grant 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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