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Property profile & analytics
OFF-MARKET
Estimated value
$9,340,000
Investment properties
312 Rosecrans Ave Manhattan Beach, CA 90266-3242
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8268878
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1953
Construction
TILT-UP CONCRETE
Total area
10,388 SF
Lot
0.16 ac (7,012 SF)
Zoning code
MNCNE
APN
4175-016-027
UPID
US09-8268878
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
-
Offset Coffee Roasters Cafe & Coffee Shop
-
The Ripe Choice Catering Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.34M
Owner & transaction history
6030 Wilshire LLC · 4 yrs held
6030 Wilshire LLC
since 2021
Last sale
$9.2M
7 recorded transactions
Zoning & alternative use
MNCNE · Manhattan Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.8M
+110.8%
Neighborhood: shopping center
$6.3M
+97.0%
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 Manhattan Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manhattan 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
$9,330,000
ML approach
$9,605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$6,765,000
Change: +111% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,320,000
Change: +97% · Conversion: Difficult
Blend value · Realmo final
$9.34M
Range $8.41M – $10.27M · ±10% · vs last sale $9.21M (Dec 9 2021)
Last sale anchor
$9.21M
Dec 9 2021
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
$899 / 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
$110,187
Tax year 2024
Assessed value
$9,586,245
Assessed 2024
Previous assessed
$9,586,245
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$7,282,800
Assessed improvement
$2,303,445
Applied tax rate
6.0000
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
Off-Market
Year built
1953
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
4
Stories
1
Units
10
Bathrooms
8
Total area
10,388 SF
Lot
0.16 ac (7,012 SF)
Zoning code
MNCNE
APN
4175-016-027
UPID
US09-8268878
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNCNE · Manhattan Beach, CA
Zoning MNCNE · permitted uses
MNCNE · Manhattan Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manhattan Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$6.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.3M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1953
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
4
Units
10
Bathrooms
8
Lot
0.16 ac
Current owner
From public records · entity-resolved
6030 Wilshire LLC
Entity
Mailing address
9201 W SUNSET BLVD STE #905, WEST HOLLYWOOD, CA 90069-3710
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2022
—
6030 Wilshire LLC
—
Deed
related
$5,300,000 · First Republic Bank
Dec 9, 2021
$9,213,500
6030 Wilshire LLC
Chang El Porto LLC
Grant Deed
$5,177,200 · Chang El Porto LLC
Sep 1, 2016
—
Chang El Porto LLC
—
Deed
related
$3,300,000 · Jpmorgan Chase Bank NA
Nov 12, 2014
—
Chanc El Porto LLC
Chang El Porto LLC
Grant Deed
$3,350,000 · Jpmorgan Chase Bank NA
Mar 29, 2006
—
Chang-el Porto LLC
Chang-el Porto
Quit Claim Deed
$2,000,000 · Column Financial INC
Oct 7, 2003
—
Porto Chang-el
Chang,tr
Quit Claim Deed
related
$1,950,000 · Citibank West Fsb
Mar 17, 1994
$5,000
Chang Ming Cheng Co Tr Et Al
—
Grant Deed
related
—
Dec 30, 1993
$60,000
Chang Ming C Co Tr Et Al
—
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.
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