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Property profile & analytics
OFF-MARKET
Estimated value
$8,155,000
Auto shops
500 Pacific Coast Hwy Redondo Beach, CA 90277-2103
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0394959
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1954
Construction
TILT-UP CONCRETE
Total area
9,121 SF
Lot
0.5 ac (21,869 SF)
Zoning code
RBC-2B
APN
7503-006-005
UPID
US10-0394959
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
-
Firestone Complete Auto Care (Bike/Boat/Book/etc) Store Auto Parts Store
-
Flower Delivery Redondo Beach (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.76M
Blend (final)
Blend
$8.16M
Owner & transaction history
Ap Sandman LLC · 3 yrs held
Ap Sandman LLC
since 2022
Last sale
$8.4M
4 recorded transactions
Zoning & alternative use
RBC-2B · Redondo Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$6.4M
+52.1%
Restaurant
$5.9M
+40.8%
Neighborhood: shopping center
$5.6M
+31.6%
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
$8,040,000
ML approach
$8,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$6,420,000
Change: +52% · Conversion: Difficult
RESTAURANT
$5,940,000
Change: +41% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,550,000
Change: +32% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,315,000
Change: +26% · Conversion: Moderate
Blend value · Realmo final
$8.16M
Range $7.34M – $8.97M · ±10% · vs last sale $8.42M (Aug 30 2022)
Last sale anchor
$8.42M
Aug 30 2022
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
$894 / 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
$96,722
Tax year 2024
Assessed value
$8,589,420
Assessed 2024
Previous assessed
$8,589,420
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$5,100,000
Assessed improvement
$3,489,420
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1954
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
9,121 SF
Lot
0.5 ac (21,869 SF)
Zoning code
RBC-2B
APN
7503-006-005
UPID
US10-0394959
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBC-2B · Redondo Beach, CA
Zoning RBC-2B · permitted uses
RBC-2B · 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
RETAIL STORES
Est. value
$6.4M
RESTAURANT
Est. value
$5.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$5.3M
RETAIL STORES
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1954
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Ap Sandman LLC
Entity
Free & Clear · 3 yrs held
Mailing address
503 BATH ST, SANTA BARBARA, CA 93101-3403
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2022
$8,421,000
Ap Sandman LLC
Rb Cb LLC
Grant Deed
—
Jan 8, 2019
$6,000,000
Rb Cb LLC
Bridgestone Retail Operations LLC
Grant Deed
$1,636,200 · Psl Austin Lending LLC
May 20, 2002
—
Retail Bfs
Bridgestone
Quit Claim Deed
related
—
Sep 6, 1991
$15,500
Bridgestone Firestone INC
Unknown
Grant Deed
—
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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