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Property profile & analytics
OFF-MARKET
Estimated value
$18,995,000
Warehouses
3643 Doolittle Dr Redondo Beach, CA 90278
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6354602
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Construction
TILT-UP CONCRETE
Total area
98,996 SF
Lot
4.12 ac (179,399 SF)
Zoning code
RBI-1A
APN
4149-008-018
UPID
US09-6354602
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
$19.82M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.00M
Owner & transaction history
Lotus One Properties LLC · 19 yrs held
Lotus One Properties LLC
since 2006
7 recorded transactions
Zoning & alternative use
RBI-1A · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$21,470,000
6.5%
$19,815,000
7%
$18,400,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$29,085,000
Current use
Blend value · Realmo final
$19.00M
Range $17.10M – $20.89M · ±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
$192 / 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
$359,259
Tax year 2024
Assessed value
$30,356,790
Assessed 2024
Previous assessed
$30,356,790
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$11,821,688
Assessed improvement
$18,535,102
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
98,996 SF
Lot
4.12 ac (179,399 SF)
Zoning code
RBI-1A
APN
4149-008-018
UPID
US09-6354602
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBI-1A · Redondo Beach, CAZoning RBI-1A · permitted uses
RBI-1A · Redondo Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$29.1M
WAREHOUSE, STORAGE Current
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
4.12 ac
Current owner
From public records · entity-resolved
Lotus One Properties LLC
Entity
Mailing address
2100 PASEO DEL MAR, PALOS VERDES ESTATES, CA 90274-2613
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
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
Jun 1, 2017
—
Lotus One Properties LLC
—
Deed
related
$15,000,000 · Bank Of The West
Dec 13, 2006
$20,000,000
Lotus One Properties LLC
Microtek Lab INC
Grant Deed
—
Jul 18, 2002
—
Microtek Lab INC
—
Deed Of Trust
related
$7,575,000 · Preferred Bank
Nov 27, 2000
—
Microtek Lab INC
—
Deed Of Trust
related
$1,500,000 · Preferred Bank
Mar 26, 1999
—
Microtek Lab INC
—
Deed Of Trust
related
$14,000,000 · Preferred Bank
Jun 30, 1994
$2,500,000
Microtek Lab INC
Massachusetts Mu
Grant Deed
—
—
—
Microtek Lab INC
—
Deed Of Trust
related
$3,000,000 · Preferred Bank
—
—
Lotus One Properties LLC
—
Deed Of Trust
related
$15,000,000 · Bank Of The West
—
—
Microtek Lab INC
—
Deed Of Trust
related
$3,000,000 · Preferred 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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