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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Apartment buildings
861 Manhattan Bch Blvd Manhattan Beach, CA 90266-4956
Trust Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6982476
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1989
Construction
WOOD
Total area
7,308 SF
Lot
0.18 ac (7,888 SF)
Zoning code
MNCL
APN
4170-014-007
UPID
US09-6982476
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$860k
Owner & transaction history
Yang,c C & S H Fam Trust · 5 yrs held
Yang,c C & S H Fam Trust
since 2021
7 recorded transactions
Zoning & alternative use
MNCL · Manhattan 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 Manhattan Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manhattan 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
$860k
Range $774k – $946k · ±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
$118 / 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
$21,178
Tax year 2024
Assessed value
$1,704,400
Assessed 2024
Previous assessed
$1,704,400
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$617,529
Assessed improvement
$1,086,871
Applied tax rate
6.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
NONE
Cooling
YES
Units
7
Bathrooms
7
Total area
7,308 SF
Lot
0.18 ac (7,888 SF)
Zoning code
MNCL
APN
4170-014-007
UPID
US09-6982476
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNCL · Manhattan Beach, CA
Zoning MNCL · permitted uses
MNCL · Manhattan Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manhattan Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
7
Bathrooms
7
Lot
0.18 ac
Current owner
From public records · entity-resolved
Yang,c C & S H Fam Trust
Trust
Mailing address
412 PASEO DEL MAR, PALOS VERDES ESTATES, CA 90274-1217
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2025
—
Joseph Lange
—
Deed
related
$1,774,000 · Royal Pacific Funding Corp
Jan 5, 2021
—
Yang,c C & S H Fam Trust
Charles C Yang
Affidavit Of Death
related
—
Jan 16, 2019
—
Charles C Yang
Charles C Yang
Intrafamily Transfer
related
$425,000 · Malaga Bank Fsb
Jul 17, 2009
—
Charles C Yang
Yang C C & S H Fam Trust
Quit Claim Deed
related
$300,000 · Rmc Vanguard Mortgage Corp
Jun 13, 1995
$1,035,000
Yang Trust
861 Partnership
Grant Deed
$660,000 · Home Savings Of America
Jan 15, 1988
$350,000
861 Partnership
Unknown
Grant Deed
—
—
—
861
—
Deed Of Trust
related
$900,000 · Glendale Federal Bank
—
—
Yang Trust
—
Deed Of Trust
related
$700,000 · Washington Mutual Fsb
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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