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Property profile & analytics
FOR LEASE
Investment properties
424 S Pacific Coast Hwy Redondo Beach, CA 90277
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0395095
For Lease
1 / 8
$4,750/Mo
424 S Pacific Coast Hwy, Redondo Beach, CA 90277
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1911
Construction
WOOD
Total area
1,588 SF
Lot
0.06 ac (2,824 SF)
Zoning code
RBC-2
APN
7508-020-029
UPID
US10-0395095
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
-
Maryah Lilly Hairdresser Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Michelle Kane · 1 yrs held
Michelle Kane
since 2024
6 recorded transactions
Zoning & alternative use
RBC-2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$21,549
Tax year 2024
Assessed value
$1,910,174
Assessed 2024
Previous assessed
$1,910,174
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,591,812
Assessed improvement
$318,362
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1911
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
1,588 SF
Lot
0.06 ac (2,824 SF)
Zoning code
RBC-2
APN
7508-020-029
UPID
US10-0395095
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBC-2 · Redondo Beach, CA
Zoning RBC-2 · permitted uses
RBC-2 · 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.
Building & site characteristics
From public records
Year built
1911
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Michelle Kane
Individual
Mailing address
539 RICHMOND ST, EL SEGUNDO, CA 90245-2229
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2024
—
Michelle Kane
Michelle Kane
Intrafamily Transfer
related
—
Jun 13, 2023
—
Michelle L Kane
—
Deed
related
$235,000 · Raissa Gamburd
Dec 16, 2022
—
Michelle L Kane
Michelle L Kane
Intrafamily Transfer
related
—
Mar 15, 1990
—
Daniel E Mobley
Idzer
Quit Claim Deed
related
—
Mar 15, 1990
$152,500
Kane John J
Ntde
Trustees Deed
related
—
Feb 10, 1989
$24,000
Daniel E Mobley
Idzerda Mark H&b
Quit Claim Deed
related
$33,000 · Lucia Salvatore
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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