Property profile

1035 Olive Ave Long Beach, CA 90813

OFF-MARKET
Assisted living facilities
Property ID
US09-6398188
3,074 SF 0.15 ac lot Built 1946
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1946
Construction WOOD
Total area 3,074 SF
Lot 0.15 ac (6,519 SF)
Zoning code LBR4R
APN 7274-012-023
UPID US09-6398188

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Freight Service Logistics Company

Location

1035 Olive Ave Long Beach, CA 90813-3518
Long Beach metro Census 576302 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$965k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$1.12M

Owner & transaction history

since 2023
Last sale
$950,009
7 recorded transactions
2023
$950,000
2019
$800,000
2009
$76,000
2009
Price N/A
2000
$365,000
1997
Price N/A
1996
Price N/A

Zoning & alternative use

LBR4R · Long Beach, CA
Top alternative use upside
Warehouse, storage $1.1M +33.3%
Office building $1.1M +28.2%
Auto repair, garage $970,000 +14.6%

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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