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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Investment properties
507 Pier Ave A Hermosa Beach, CA 90254-3822
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0055187
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1954
Construction
WOOD
Total area
3,051 SF
Lot
0.07 ac (3,200 SF)
Zoning code
HBC2YY
APN
4183-018-007
UPID
US10-0055187
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
-
Flash Dryer Vent Cleaning Hermosa beach Department Store Home Appliance Store
-
True North Cryo Alternative Medicine Practice Spa & Massage Center
-
The Solution Spa & Massage Center Alternative Medicine Practice
-
Lavish Gift + Home Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$950k
Comparable Approach
Comparable
$524k
Blend (final)
Blend
$750k
Owner & transaction history
25/8 Acquisition & Dev LLC · 7 yrs held
25/8 Acquisition & Dev LLC
since 2019
7 recorded transactions
Zoning & alternative use
HBC2YY · Hermosa Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+24.0%
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 Hermosa Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hermosa 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%
$1,030,000
6.5%
$950,000
7%
$885,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$945,000
Current use
RETAIL STORES
$1,170,000
Change: +24% · Conversion: Easy
WAREHOUSE, STORAGE
$895,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±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
$246 / 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
$22,927
Tax year 2024
Assessed value
$2,093,906
Assessed 2024
Previous assessed
$2,093,906
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,456,420
Assessed improvement
$637,486
Applied tax rate
4.0000
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
1954
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
3
Total area
3,051 SF
Lot
0.07 ac (3,200 SF)
Zoning code
HBC2YY
APN
4183-018-007
UPID
US10-0055187
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HBC2YY · Hermosa Beach, CA
Zoning HBC2YY · permitted uses
HBC2YY · Hermosa Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hermosa Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$945,000
RETAIL STORES
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$895,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
WAREHOUSE, STORAGE
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
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Lot
0.07 ac
Current owner
From public records · entity-resolved
25/8 Acquisition & Dev LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1559 S SEPULVEDA BLVD, LOS ANGELES, CA 90025-3311
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2019
$1,100,000
25/8 Acquisition & Dev LLC
Hollyvale Rental Holdings LLC
Grant Deed
—
Jul 15, 2016
$5,000,000
Refoua LLC
Casamarco LLC
Grant Deed
$2,420,000 · Midfirst Bank
Sep 4, 2015
—
Casamarco LLC
Marco,albert & Madeleine A
Quit Claim Deed
related
$2,000,000 · Northern Tr
Dec 2, 1997
$950,000
Albert Marco
Miller Trust
Grant Deed
$665,000 · Harbor Bank
—
—
Albert L Marco
—
Deed Of Trust
related
$640,310 · City National Bank
—
—
Miller,trust
—
Deed Of Trust
related
$250,000 · El Segundo First Nat'l Bank
—
—
Albert Marco
—
Deed Of Trust
related
—
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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