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Property profile & analytics
OFF-MARKET
Estimated value
$2,415,000
Investment properties
504 Broadway Redondo Beach, CA 90277-2101
Entity Owned
4-yr Hold
Free & Clear
Property ID
US09-9309327
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1957
Construction
TILT-UP CONCRETE
Total area
15,570 SF
Lot
0.34 ac (14,995 SF)
Zoning code
RBC-3
APN
7503-012-044
UPID
US09-9309327
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
-
Yes Fix Appliαncḙ Redondo Beach CA Home Appliance Store
-
PCH Skate Camp Training Center Family Recreation Center
-
Body Glove Intl (Bike/Boat/Book/etc) Store
-
Rocky Point Kayak, Paddle Board, Surfboard and Wetsuit Rentals (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.42M
Owner & transaction history
Meistrell Five LLC · 4 yrs held
Meistrell Five LLC
since 2022
6 recorded transactions
Zoning & alternative use
RBC-3 · 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
$155 / 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
$21,622
Tax year 2024
Assessed value
$1,729,173
Assessed 2024
Previous assessed
$1,729,173
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$138,828
Assessed improvement
$1,590,345
Applied tax rate
13.0000
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
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1957
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
15,570 SF
Lot
0.34 ac (14,995 SF)
Zoning code
RBC-3
APN
7503-012-044
UPID
US09-9309327
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBC-3 · Redondo Beach, CA
Zoning RBC-3 · permitted uses
RBC-3 · 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
1957
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Meistrell Five LLC
Entity
Free & Clear · 4 yrs held
Mailing address
504 N BROADWAY, REDONDO BEACH, CA 90277-2101
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2026
—
Meistrell Five LLC
—
Deed
related
$2,000,000 · Farmers & Merchants Bank Of Long Beach
Jan 3, 2022
—
Meistrell Five LLC
The Julie A Meistrell Trust
Intrafamily Transfer
related
—
Feb 11, 2021
—
William R Meistrell
Meistrell Broadway And Catalina Pro
Intrafamily Transfer
related
—
Apr 11, 2013
—
Meistrell Broadway & Catalina
Meistrell Family Trust
Quit Claim Deed
related
$1,700,000 · Farmers & Merchants Bk/ctrl Ca
Nov 18, 2005
—
Meistrell,william F 2005 Trust
Meistrell,william F
Quit Claim Deed
related
—
—
—
Meistrell & Catalina Property
—
Deed Of Trust
related
$1,132,000 · Private Individual
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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