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Property profile & analytics
OFF-MARKET
Estimated value
$1,810,000
Investment properties
3912 Highland Ave Manhattan Beach, CA 90266-3171
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6391287
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1934
Construction
WOOD
Total area
1,124 SF
Lot
0.05 ac (2,087 SF)
Zoning code
MNCNE
APN
4137-002-026
UPID
US09-6391287
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
$1.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.81M
Owner & transaction history
Wilmont & Beach Holdings LLC · 5 yrs held
Wilmont & Beach Holdings LLC
since 2020
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
MNCNE · Manhattan Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.9M
+455.2%
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
$1,765,000
ML approach
$1,920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,930,000
Change: +455% · Conversion: Easy
Blend value · Realmo final
$1.81M
Range $1.63M – $1.99M · ±10% · vs last sale $1.78M (Sep 14 2020)
Last sale anchor
$1.78M
Sep 14 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
$1,610 / 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
$21,875
Tax year 2024
Assessed value
$1,888,950
Assessed 2024
Previous assessed
$1,888,950
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$1,082,432
Assessed improvement
$806,518
Applied tax rate
3.0000
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
1934
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
1,124 SF
Lot
0.05 ac (2,087 SF)
Zoning code
MNCNE
APN
4137-002-026
UPID
US09-6391287
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
OFFICE BUILDING
Est. value
$1.9M
OFFICE BUILDING
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
1934
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Wilmont & Beach Holdings LLC
Entity
Mailing address
1011 4TH ST APT #201, SANTA MONICA, CA 90403-3841
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2020
—
Wilmont & Beach Holdings LLC
—
Deed
related
$890,000 · Bank Of The West
Sep 14, 2020
$1,780,000
Wilmont & Beach Holdings LLC
Imirak Land Company LLC
Grant Deed
$890,000 · Bank Of The West
Jan 28, 2011
—
Imirak Land Co LLC
Karimi,mahyar A
Quit Claim Deed
related
—
Aug 31, 2010
$725,000
Mahyar Ali Karimi
Maria Elena Palomo
Grant Deed
—
Aug 31, 2010
—
Mahyar A Karimi
Maher,sasha
Quit Claim Deed
related
—
Aug 23, 2010
—
Maria E Palomo
Palomo,moises JR
Quit Claim Deed
related
—
Apr 7, 2006
—
Moises Palomo
Palomo,celia
Affidavit Of Death
related
—
Jun 5, 1992
—
Moises Palomo
—
Deed Of Trust
related
—
—
—
Maria E Palomo
—
Deed Of Trust
related
$353,000 · Kirst C E & P M Living Trust
—
—
Wilmont & Beach Holdings LLC
—
Deed Of Trust
related
$890,000 · Bank Of The West
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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