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Property profile & analytics
OFF-MARKET
Estimated value
$22,415,000
Super regional malls
419 Pacific Coast Hwy, Redondo Beach, CA 90277
Entity Owned
30-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7310351
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1965
Total area
63,551 SF
Lot
5.91 ac (257,349 SF)
Zoning code
RBC-2A
APN
7503-018-040
UPID
US09-7310351
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
$23.18M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.42M
Owner & transaction history
Redondo Shores LLC · 30 yrs held
Redondo Shores LLC
since 1995
7 recorded transactions
Zoning & alternative use
RBC-2A · 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%
$25,110,000
6.5%
$23,175,000
7%
$21,520,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$37,025,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$22.42M
Range $20.17M – $24.66M · ±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
$353 / 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
$406,490
Tax year 2024
Assessed value
$33,040,022
Assessed 2024
Previous assessed
$33,040,022
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$13,591,243
Assessed improvement
$19,448,779
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1965
Heating
NONE
Buildings
3
Stories
1
Total area
63,551 SF
Lot
5.91 ac (257,349 SF)
Zoning code
RBC-2A
APN
7503-018-040
UPID
US09-7310351
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBC-2A · Redondo Beach, CA
Zoning RBC-2A · permitted uses
RBC-2A · Redondo Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redondo Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$37.0M
COMMERCIAL (GENERAL)
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
1965
Heating
NONE
Stories
1
Buildings
3
Lot
5.91 ac
Current owner
From public records · entity-resolved
Redondo Shores LLC
Entity
Mailing address
12302 EXPOSITION BLVD, LOS ANGELES, CA 90064-1014
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1995
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 10, 2025
—
Haagen Redondo LLC
—
Deed
related
$42,200,000 · Voya Investment Management LLC
May 12, 2016
—
Haagen Redondo LLC
—
Deed
related
$31,000,000 · Miscellaneous Ins Co
Sep 22, 1997
—
Redondo Shores LLC
—
Deed Of Trust
related
$15,850,000 · Central Park Capital LP
Aug 30, 1995
$240,500
Redondo Shores LLC
Warren,john R
Grant Deed
$13,750,000 · Imperial Bank
Mar 6, 1995
—
John R Warren
Warren,l A
Quit Claim Deed
related
—
Mar 6, 1995
$140,000
Warren,john
Ernst Trust
Trustees Deed
—
—
—
Haagen Redondo LLC
—
Deed Of Trust
related
$14,900,000 · John Hancock Life Insurance Co
—
—
Haagen Redondo LLC
—
Deed Of Trust
related
$31,000,000 · Miscellaneous Ins Co
—
—
Redondo Shores LLC
—
Deed Of Trust
related
$160,000 · Wright Trust
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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