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Property profile & analytics
OFF-MARKET
Investment properties
2618 Artesia Blvd Redondo Beach, CA 90278-3312
Individually Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6988177
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1961
Construction
WOOD
Total area
2,175 SF
Lot
0.15 ac (6,471 SF)
Zoning code
RBC-2
APN
4082-001-004
UPID
US09-6988177
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
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
John H Chen · 21 yrs held
John H Chen
since 2004
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
$4,547
Tax year 2024
Assessed value
$325,707
Assessed 2024
Previous assessed
$325,707
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$149,823
Assessed improvement
$175,884
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
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1961
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
2,175 SF
Lot
0.15 ac (6,471 SF)
Zoning code
RBC-2
APN
4082-001-004
UPID
US09-6988177
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
1961
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
John H Chen
Individual
Free & Clear · 21 yrs held
Mailing address
1307 BONNIE BRAE ST, HERMOSA BEACH, CA 90254-4031
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2004
—
John H Chen
Chen Mary L Trust
Quit Claim Deed
related
—
Jan 3, 2002
—
Johhn H Chen
Chen,m L Tr
Quit Claim Deed
related
—
Dec 27, 2001
—
John H Chen
Chen,m L Tr
Quit Claim Deed
related
—
Jul 11, 2001
—
Chen,mary L Trustee
Chen,m L
Quit Claim Deed
related
—
Aug 15, 2000
—
Chen,charles J Trustee
Chen,m H & M Trustees
Quit Claim Deed
related
—
Aug 2, 2000
—
James Chen
Chen,m
Quit Claim Deed
related
—
Nov 14, 1995
$200,000
Mary L Chen
Misson Viejo National Bank
Grant Deed
—
Dec 19, 1994
$152,000
Federal Depository Ins Corp
Merino,john & Dorothy
Trustees Deed
—
Jan 20, 1988
$172,121
Kang Seog H
Chun
Quit Claim Deed
related
—
—
—
Merino John
—
Deed Of Trust
related
$575,000 · Mission Viejo National Bank
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.
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