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    555 Redondo Beach Blvd Gardena, CA 90248
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    Property profile & analytics

    555 Redondo Beach Blvd, Gardena, CA 90248

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    • Office buildings
    • 48,464 SF
    • 2.15 lot acres
    For Lease
    $19 SF/Yr
    View Listing →
    Redondo Beach Plaza Office Space For Lease
    $19 SF/Yr

    Redondo Beach Plaza Office Space

    Office spaces for lease in Redondo Beach Plaza.

    555 Redondo Beach Blvd, Gardena, CA 90248
    View Listing
    Property ID
    US09-7149166
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • MLK hospital / Hospital
    • Myrna Rousseau, OTR / Physician
    • University Of South Los Angeles / University
    • World Bridge Corporation / Logistics Company
    • Dr. Maurice I. Zeitlin, MD / Physician

    Property Details for 555 Redondo Beach Blvd

    Year built
    1982
    Lot size
    2.15 lot acres
    Zone code
    LAC1
    Property type
    Office buildings
    APN
    6120-028-006
    APU
    6120028006

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 27, 2026 — Armonia Investments LLC — Deed · related $2.6M · Farmers & Merchants Bank Of Long Beach
    Jun 26, 2020 — Armonia Investments LLC — Deed · related $2M · Bank Of The West
    Jul 5, 2012 — Armonia Investments LLC Bc & Jc Investments INC Grant Deed —
    Apr 1, 2005 — Bc & Jc Investments INC Choi,ben K & Jae S Grant Deed —
    Nov 6, 1996 — Choi,ben K & Jae S Trustees Choi,b Kj S Quit Claim Deed · related —
    Jun 20, 1991 $2,000,000 Ben K Choi Unknown Grant Deed —
    — — Ben K Choi — Deed Of Trust · related $300k · Korea Exchange Bank
    — — Armonia Investments LLC — Deed Of Trust · related $2.2M · Bbu Bank
    — — Bc & Jc Investments INC — Deed Of Trust · related $2.2M · Centerbank
    — — Armonia Investments LLC — Deed Of Trust · related $2M · Bank Of The West
    — — Choi Ben K & Jae S Trust — Deed Of Trust · related $1.1M · Bank Of The West
    — — Bc & Jc Investments INC — Deed Of Trust · related —
    — — Choi Trust — Deed Of Trust · related $700k · Sanwa Bank California

    Description

    Redondo Beach Plaza offers exceptional executive office space for lease in Los Angeles County. This two-story building totals 33,778 square feet and features seven suites, with 32,148 square feet currently available. Spaces range from a minimum of 1,500 square feet to a maximum contiguous space of 14,700 square feet, providing flexibility for various business needs. Six individual spaces are currently available for lease. The building boasts convenient access to major freeways, including the 110, 91, and 405, ensuring easy commutes for employees and clients. Ample parking is provided for tenants. All common area fees are included in the lease, simplifying budgeting and administration. The strategic location between the 110 Freeway and a McDonald's offers both convenient transportation and nearby amenities. This is an excellent opportunity to establish a presence in a desirable Redondo Beach location with readily available, high-quality office space. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,729,000
      Market price range: $8.73M - $35.8M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gardena
    County
    Los Angeles
    State
    California
    Longitude
    -118.284
    Latitude
    33.8932
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $83,557
    $3,259,660
    $2,825,036
    $6,084,696
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $43,525,000
      147,529 SF

      108 Walnut St

      OFFICE BUILDING
      108 Walnut St, Gardena, CA 90248-3108
      View Details
    • Value Estimation
      $16,430,000
      62,628 SF

      1149 190th St

      OFFICE BUILDING (MULTI-STORY)
      1149 190th St, Gardena, CA 90248-4321
      View Details
    • Value Estimation
      $10,400,000
      67,107 SF

      19400 Hamilton Ave

      OFFICE BUILDING
      19400 Hamilton Ave, Gardena, CA 90248
      View Details
    • Value Estimation
      $2,135,000
      13,956 SF

      19027 Hamilton Ave

      OFFICE BUILDING (MULTI-STORY)
      19027 Hamilton Ave, Gardena, CA 90248-4408
      View Details
    • Value Estimation
      $1,500,000
      8,004 SF

      17908 La Salle Ave

      OFFICE BUILDING
      17908 La Salle Ave, Gardena, CA 90248-3605
      View Details
    • Value Estimation
      $47,355,000
      182,521 SF

      18600 Figueroa St

      PROFESSIONAL BUILDING
      18600 Figueroa St, Gardena, CA 90248-4505
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Industrial warehouse property available for sale.
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      23,520 SF

      Gardena Warehouse For Sale

      23,520 SF warehouse property available for purchase.
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      Land For Sale

      Land available at the corner of Figueroa and Alondra.
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    Similar Nearby for Lease

    • $1.49 SF/Yr
      14,375 SF

      Class A Office Sublease

      Class A office space available for sublease in Gardena, CA.
      879 West 190Th St, Gardena, CA 90248
      View Details
    • Contact for pricing

      Four-Story Office Building For Lease

      Office building with freeway access and visible signage options.
      1025 W 190Th St, Gardena, CA 90248
      View Details
    • Contact for pricing

      Spacious Gardena Warehouse for Lease

      80,000 SF Gardena warehouse with high ceilings and convenient access.
      15001 S Figueroa St, Gardena, CA 90248
      View Details
    • Contact for pricing
      9,540 SF

      Gardena Warehouse with Fenced Yard

      28,620 SF Gardena warehouse with office and yard.
      141-145 E 157Th St, Gardena, CA 90248
      View Details
    • Contact for pricing
      1,079 SF

      Gardena Office Space For Rent

      Second floor office space available in Gardena, California.
      108-110 W Walnut St, Gardena, CA 90248
      View Details
    • Contact for pricing
      1,573 SF

      Gardena Office Space Available

      Second floor office space available for rent in Gardena, CA.
      150-152 W Walnut St S, Gardena, CA 90248
      View Details
    View Listing
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    Gardena, CA 90248
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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