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Property profile & analytics
OFF-MARKET
Estimated value
$1,880,000
Office buildings
737 3rd St Hermosa Beach, CA 90254-4714
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-7174020
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2011
Construction
WOOD
Total area
7,669 SF
Lot
0.27 ac (11,604 SF)
Zoning code
HBC3-R3*
APN
4188-029-055
UPID
US09-7174020
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
-
Creators Marketing & Advertising IT Consulting Firm
-
Hermosa Gospel Tabernacle Assembly of God Church Church
-
Blueprint Renovations Co. Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.54M
Blend (final)
Blend
$1.88M
Owner & transaction history
Newcombe Real Estate LLC · 14 yrs held
Newcombe Real Estate LLC
since 2011
7 recorded transactions
Zoning & alternative use
HBC3-R3* · 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
$1.88M
Range $1.69M – $2.07M · ±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
$245 / 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
$25,090
Tax year 2024
Assessed value
$2,196,180
Assessed 2024
Previous assessed
$2,196,180
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$969,128
Assessed improvement
$1,227,052
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2011
Construction
WOOD
Heating
NONE
Stories
1
Bathrooms
2
Total area
7,669 SF
Lot
0.27 ac (11,604 SF)
Zoning code
HBC3-R3*
APN
4188-029-055
UPID
US09-7174020
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HBC3-R3* · Hermosa Beach, CA
Zoning HBC3-R3* · permitted uses
HBC3-R3* · 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
2011
Construction
WOOD
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.27 ac
Current owner
From public records · entity-resolved
Newcombe Real Estate LLC
Entity
Mailing address
737 3RD ST, HERMOSA BEACH, CA 90254-4714
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2011
$1,400,000
Newcombe Real Estate LLC
Slaven Ralls LLC
Grant Deed
$1,180,000 · Preferred Bank
Jun 14, 2007
—
Slaven-ralls LLC
—
Trustees Deed
related
$1,400,000 · Preferred Bank
May 9, 2006
—
Slaven-ralls LLC
—
Deed Of Trust
related
$3,650,000 · Preferred Bank
Apr 26, 2005
$2,200,020
Slaven-ralls LLC
Mar Canyon Hermosa Beach I LLC
Grant Deed
$1,429,000 · Vineyard Bank
Nov 17, 2004
—
Mar Canyon Hermosa Beach I LLC
Vasek & Anna Marie Polak Chari
Grant Deed
$1,317,000 · Bank Of America
Dec 1, 1989
$1,085,000
Menzelos Soterio
Asse
Trustees Deed
—
—
—
Slaven-ralls LLC
—
Deed Of Trust
related
$200,000 · Preferred Bank
—
—
Slaven-ralls LLC
—
Deed Of Trust
related
$1,450,000 · Preferred Bank
—
—
Newcombe Real Estate LLC
—
Deed Of Trust
related
$820,000 · Cdc Small Business Finance Co
—
—
Slaven-ralls LLC
—
Deed Of Trust
related
$1,400,000 · Preferred Bank
—
—
Slaven-ralls LLC
—
Deed Of Trust
related
$27,744 · Nelson Fire Systems INC
Jan 1, 1968
—
—
—
Grant 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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