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Property profile & analytics
OFF-MARKET
Estimated value
$5,065,000
Office buildings
3770 Highland Ave Manhattan Beach, CA 90266-3252
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8271527
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Construction
WOOD
Total area
11,634 SF
Lot
0.26 ac (11,513 SF)
Zoning code
MNCNE
APN
4137-001-027
UPID
US09-8271527
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
-
XOMAD LLC Advertising Agency Marketing & Advertising
-
CapLinked (Bike/Boat/Book/etc) Store Corporate Office
-
The Pietz Law Firm Law Firm
-
Maceiko Ip: Maceiko Ted Law Firm
-
edward h scale dc Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.65M
CAP Approach
CAP
$4.18M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.07M
Owner & transaction history
Kelly A R Faro · 6 yrs held
Kelly A R Faro
since 2020
Last sale
$5.0M
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
$5,500,000
ML approach
$5,645,000
CAP Approach
CAP Return
Estimation
6%
$4,520,000
6.5%
$4,175,000
7%
$3,875,000
Blend value · Realmo final
$5.07M
Range $4.56M – $5.57M · ±10% · vs last sale $5.00M (Mar 9 2020)
Last sale anchor
$5.00M
Mar 9 2020
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
$435 / 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
$62,202
Tax year 2024
Assessed value
$5,361,007
Assessed 2024
Previous assessed
$5,361,007
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$4,610,467
Assessed improvement
$750,540
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
NONE
Stories
1
Total area
11,634 SF
Lot
0.26 ac (11,513 SF)
Zoning code
MNCNE
APN
4137-001-027
UPID
US09-8271527
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
1977
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Kelly A R Faro
Individual
Free & Clear · 6 yrs held
Mailing address
338 PIER AVE, HERMOSA BEACH, CA 90254-3617
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Mar 9, 2020
—
Kelly A R Faro
Todd J Faro
Quit Claim Deed
related
—
Mar 9, 2020
$5,000,000
Highrose El Porto LLC
Lane Henrietta W L/tr
Grant Deed
—
Nov 13, 2017
—
Ross,kathleen A Trust
Ross Family Trust
Quit Claim Deed
—
Sep 4, 2015
—
Lane,henrietta W Living Trust
Lane H W Living Trust
Quit Claim Deed
related
—
May 12, 2015
—
Kelly A|pepper Kathleen R Ross
Ross Family Trust
Quit Claim Deed
related
—
Nov 15, 2013
$665,000
Ross Family Trust
Riddle W L 2005 Trust
Grant Deed
$10,000,000 · Riddle W L 2005 Trust (pt)
Jun 27, 2007
—
Riddle Margaret A 2005 Trust
Riddle,margaret A
Quit Claim Deed
related
$211,000 · Margaret A Riddle
May 5, 2005
—
Lane Henrietta W Trust
Lane Jason Trust
Quit Claim Deed
related
—
Sep 10, 1993
—
Lane,jason Tr Et Al
—
Deed Of Trust
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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