New search
Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Investment properties
3408 Highland Ave Manhattan Beach, CA 90266-3341
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6966770
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1952
Construction
WOOD
Total area
4,825 SF
Lot
0.08 ac (3,496 SF)
Zoning code
MNCNE-D5
APN
4175-018-014
UPID
US09-6966770
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
-
Sand Spa Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$957k
Blend (final)
Blend
$810k
Owner & transaction history
Cbsb LLC · 13 yrs held
Cbsb LLC
since 2012
7 recorded transactions
Zoning & alternative use
MNCNE-D5 · Manhattan 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$810k
Range $729k – $891k · ±10%
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
$168 / 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
$22,558
Tax year 2024
Assessed value
$1,931,104
Assessed 2024
Previous assessed
$1,931,104
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$993,951
Assessed improvement
$937,153
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
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
4,825 SF
Lot
0.08 ac (3,496 SF)
Zoning code
MNCNE-D5
APN
4175-018-014
UPID
US09-6966770
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNCNE-D5 · Manhattan Beach, CA
Zoning MNCNE-D5 · permitted uses
MNCNE-D5 · 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.
Building & site characteristics
From public records
Year built
1952
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Cbsb LLC
Entity
Free & Clear · 13 yrs held
Mailing address
1820 S ELENA AVE STE L, REDONDO BEACH, CA 90277-5700
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2012
—
Cbsb LLC
Bredesen,christopher C
Grant Deed
—
Apr 29, 2003
$1,360,000
Bredesen,tr
Winokur,hugh R
Grant Deed
$750,000 · Bay Cities National Bank
Apr 3, 2003
—
Winokur,tr
Winokur,hugh R
Quit Claim Deed
related
—
Mar 29, 1996
—
Hugh R Winokur
Winokur,e O
Quit Claim Deed
related
—
Mar 29, 1996
$64,500
Winokur,hugh R
Taylor Trust
Trustees Deed
related
—
Sep 20, 1995
—
Fredrick R Taylor
Taylor,f R & G F
Quit Claim Deed
related
—
Mar 11, 1992
$300,000
Fredrick Taylor
Bernauer,bruno J
Trustees Deed
related
—
Oct 20, 1989
$600,000
Bruno J Bernauer
Tayl
Grant Deed
$300,000 · Taylor F R&g F
—
—
Fredrick R Taylor
—
Deed Of Trust
related
$640,000 · Hawthorne Savings & Loan
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3408 Highland Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.