Realmo Analytics

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Property profile

2615 Pacific Coast Hwy Hermosa Beach, CA 90254

FOR LEASE
Office buildings
Property ID
US09-8486479
42,937 SF 0.86 ac lot Built 1983
Last sale Dec 2009 · $675,000
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$169k
Tax billed · 2024
Assessed value$15.26M
Assessed land$7.89M
Assessed improvement$7.36M
Effective rate1.11%

Value estimate

· Oct 2026
$10.10M
$9.09M – $11.11M
NOI build-up
Gross scheduled income$52k
Vacancy & credit loss−$13k
Operating expenses−$10k
NOI · 1,007,762.71% cap applied$30k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$10,750/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$1,006 – $21,829
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,007,762.71%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HBC3*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Food Market
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Food Market15.1
Grocery Store11.8
Butcher9.1

Location

2615 Pacific Coast Hwy Hermosa Beach, CA 90254
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
400 Pier, Hermosa Beach, CA 90254-3819 $17,500,175 Jul 2023 3,283 SF
2447 Pacific Coast, Hermosa Beach, CA 90254-2714 $15,294,152 Mar 2022 24,954 SF
430 Pacific Coast, Hermosa Beach, CA 90254 $1,675,016 Sep 2021 2,849 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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