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Property profile & analytics
OFF-MARKET
Estimated value
$1,890,000
Investment properties
730 Pacific Coast Hwy Redondo Beach, CA 90277-4205
Individually Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6361045
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1989
Construction
WOOD
Total area
9,518 SF
Lot
0.59 ac (25,563 SF)
Zoning code
RBC-2
APN
7508-025-001
UPID
US09-6361045
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
-
Bichlmeier Insurance Services Insurance Agency
-
Domino's Pizza Take-out & Catering
-
Subway Take-out & Catering
-
Redondo eBikes (Bike/Boat/Book/etc) Store
-
18 Min Wash (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
$1.89M
Owner & transaction history
Michael L Grannis · 24 yrs held
Michael L Grannis
since 2001
7 recorded transactions
Zoning & alternative use
RBC-2 · 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
$199 / 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
$28,314
Tax year 2024
Assessed value
$2,027,658
Assessed 2024
Previous assessed
$2,027,658
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,216,597
Assessed improvement
$811,061
Applied tax rate
8.0000
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
1989
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
9,518 SF
Lot
0.59 ac (25,563 SF)
Zoning code
RBC-2
APN
7508-025-001
UPID
US09-6361045
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBC-2 · Redondo Beach, CA
Zoning RBC-2 · permitted uses
RBC-2 · 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
1989
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Michael L Grannis
Individual
Mailing address
1815 VIA EL PRADO STE #300, REDONDO BEACH, CA 90277-5726
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
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
Dec 8, 2021
—
730 Pacific Coast Highway L
—
Deed
related
$1,500,000 · Jpmorgan Chase Bank NA
Nov 1, 2001
$1,400,000
Michael L Grannis
Lin & Sons Enterprise INC
Grant Deed
—
Aug 17, 1989
$3,050,000
Lin&sons Ents
730
Trustees Deed
—
Aug 17, 1989
$600,000
730 Pch Assocs L
Jenkins Harry E
Trustees Deed
related
—
Sep 14, 1988
—
Harry E Jenkins
—
Deed Of Trust
related
$1,400,000 · Mid City Bank
—
—
Linso
—
Deed Of Trust
related
$2,000,000 · Security Pacific Asian Bank
—
—
Mdg Corp
—
Deed Of Trust
related
$200,000 · John D Bates
—
—
730 Pacific Coast Highway LP
—
Deed Of Trust
related
$200,000 · Michael L Grannis
—
—
730 Pacific Coast Highway LP
—
Deed Of Trust
related
$1,000,000 · Financial Inst Partners Mtg
—
—
Lin & Son Enterprises INC
—
Deed Of Trust
related
$750,000 · Bank Of America
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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