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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Turn key restaurants
3600 Highland Ave Manhattan Beach, CA 90266-3230
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-6618118
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1956
Construction
WOOD
Total area
3,294 SF
Lot
0.08 ac (3,494 SF)
Zoning code
MNCNE
APN
4175-016-024
UPID
US09-6618118
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
-
Baja Sharkeez - Manhattan Beach Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$435k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$605k
Blend (final)
Blend
$520k
Owner & transaction history
D & D South Bay Properties LLC · 11 yrs held
D & D South Bay Properties LLC
since 2015
7 recorded transactions
Zoning & alternative use
MNCNE · 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
$435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$158 / 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
$37,488
Tax year 2024
Assessed value
$3,087,690
Assessed 2024
Previous assessed
$3,087,690
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,851,437
Assessed improvement
$1,236,253
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,294 SF
Lot
0.08 ac (3,494 SF)
Zoning code
MNCNE
APN
4175-016-024
UPID
US09-6618118
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.
Building & site characteristics
From public records
Year built
1956
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
D & D South Bay Properties LLC
Entity
Mailing address
PO BOX 386, MANHATTAN BEACH, CA 90267-0386
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2019
—
D & D South Bay Properties LLC
—
Deed
related
$2,000,000 · Pacific Premier Bank
Feb 17, 2015
$61,000
D & D South Bay Properties LLC
Leigh Michael
Grant Deed
—
Feb 17, 2015
$30,500
Michael Leigh
Dumas Susan
Quit Claim Deed
related
—
Aug 30, 2011
—
D & D South Bay Properties LLC
3600 Highland LLC
Grant Deed
—
Jan 14, 2005
$1,625,000
3600 Highland LLC
Terra East Partners
Grant Deed
—
May 26, 2000
$1,050,000
Terra East Partners
—
Grant Deed
related
—
Apr 11, 1994
$282,681
Samantha Sanson
Poiry,david A
Grant Deed
—
Mar 22, 1988
$650,000
David A Poiry
Trigo
Trustees Deed
—
Mar 22, 1988
$279,000
Trigone
Abbjo
Trustees Deed
related
—
—
—
D & D South Bay Properties LLC
—
Deed Of Trust
related
$1,000,000 · Bank Of Manhattan
—
—
3600 Highland LLC
—
Deed Of Trust
related
$625,000 · Commercial Capital Bank Fsb
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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