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Property profile & analytics
OFF-MARKET
Estimated value
$1,945,000
Investment properties
555 Pier Ave Hermosa Beach, CA 90254-3839
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8408721
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1963
Construction
WOOD
Total area
14,600 SF
Lot
0.5 ac (21,592 SF)
Zoning code
HBM1VV
APN
4183-018-015
UPID
US09-8408721
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
-
Bao Thai Nguyen Physician
-
Deutsch Vera DDS Dental Office
-
Lagom Wellness Studio Alternative Medicine Practice
-
Edward Jones - Financial Advisor: Will Runkle Financial Advisor
-
Beach Family Law, A Professional Corporation Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.13M
Blend (final)
Blend
$1.95M
Owner & transaction history
555 Pier Avenue LLC · 13 yrs held
555 Pier Avenue LLC
since 2013
7 recorded transactions
Zoning & alternative use
HBM1VV · Hermosa 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 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.95M
Range $1.75M – $2.14M · ±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
$133 / 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
$13,871
Tax year 2024
Assessed value
$1,018,544
Assessed 2024
Previous assessed
$1,018,544
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$659,785
Assessed improvement
$358,759
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
1963
Construction
WOOD
Heating
NONE
Stories
1
Total area
14,600 SF
Lot
0.5 ac (21,592 SF)
Zoning code
HBM1VV
APN
4183-018-015
UPID
US09-8408721
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HBM1VV · Hermosa Beach, CA
Zoning HBM1VV · permitted uses
HBM1VV · 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.
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
555 Pier Avenue LLC
Entity
Free & Clear · 13 yrs held
Mailing address
1815 VIA EL PRADO STE #300, REDONDO BEACH, CA 90277-5726
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2017
—
555 Pier Avenue LLC
—
Grant Deed
related
$5,500,000 · Wells Fargo Bk
May 22, 2013
—
555 Pier Avenue LLC
Bates Family Trust
Grant Deed
—
Oct 15, 2009
—
Bates Family Trust
Bates,john
Quit Claim Deed
related
—
May 2, 2007
—
John D Bates
John Bates
Intrafamily Transfer
related
$3,000,000 · Not Available
Apr 21, 1999
—
Michael Grannis
Grannis,d L
Quit Claim Deed
related
—
Feb 22, 1989
—
Michael Grannis
Grannis Michael
Quit Claim Deed
related
—
Feb 22, 1989
$125,000
Michael L Et Al Grannis
Unknown
Grant Deed
—
Feb 17, 1989
—
Rick C Farr
Farr
Quit Claim Deed
related
$1,250,000 · Glef Sla
Feb 10, 1989
$250,000
Bates John
Contnl Land Titl
Trustees Deed
—
Feb 10, 1989
—
Steve Steppe
Stepp
Quit Claim Deed
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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