Property profile

716 S Pacific Coast Hwy Redondo Beach, CA 90277

FOR SALE
Motels
Property ID
US09-9587551
5,976 SF 0.34 ac lot Built 1940
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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For Sale
Contact for pricing 5,976 SF
716 S Pacific Coast Hwy, Redondo Beach, CA 90277
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1940
Construction WOOD
Total area 5,976 SF
Lot 0.34 ac (15,003 SF)
Zoning code RBC-2
APN 7508-025-008
UPID US09-9587551

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

716 S Pacific Coast Hwy Redondo Beach, CA 90277
Redondo Beach metro Census 621301 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.69M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.12M
Blend (final) Blend
$5.55M

Owner & transaction history

since 2022
Last sale
$6.3M
6 recorded transactions
2022
$6.3M
2003
Price N/A
2002
Price N/A
1998
$695,000
1996
Price N/A
1969
Price N/A

Zoning & alternative use

RBC-2 · Redondo Beach, CA
Top alternative use upside
Retail stores $4.2M +67.1%
Restaurant $3.9M +54.7%
Neighborhood: shopping center $3.6M +44.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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