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Property profile & analytics
OFF-MARKET
Estimated value
$1,680,000
Motels
1063 7th St Long Beach, CA 90813-4801
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0440519
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1957
Construction
WOOD
Total area
18,124 SF
Lot
0.62 ac (26,919 SF)
Zoning code
LBR4N
APN
7266-005-028
UPID
US10-0440519
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
-
Long Beach Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
$1.75M
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$1.68M
Owner & transaction history
Loreto Gonzalez · 2 yrs held
Loreto Gonzalez
since 2024
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
LBR4N · Long 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 Long Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long 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
$1,680,000
ML approach
$1,680,000
CAP Approach
CAP Return
Estimation
6%
$1,895,000
6.5%
$1,750,000
7%
$1,625,000
Blend value · Realmo final
$1.68M
Range $1.51M – $1.85M · ±10% · vs last sale $1.68M (Apr 4 2024)
Last sale anchor
$1.68M
Apr 4 2024
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
$93 / 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
$43,047
Tax year 2024
Assessed value
$2,961,847
Assessed 2024
Previous assessed
$2,961,847
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$1,674,090
Assessed improvement
$1,287,757
Applied tax rate
11.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1957
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
44
Bathrooms
14
Total area
18,124 SF
Lot
0.62 ac (26,919 SF)
Zoning code
LBR4N
APN
7266-005-028
UPID
US10-0440519
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBR4N · Long Beach, CA
Zoning LBR4N · permitted uses
LBR4N · Long Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Long Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
44
Bathrooms
14
Lot
0.62 ac
Current owner
From public records · entity-resolved
Loreto Gonzalez
Individual
Mailing address
3703 DEERFORD ST, LAKEWOOD, CA 90712-3539
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2024
—
Loreto Gonzalez
Loreto Gonzalez
Affidavit Of Death Of Joint Tenant
related
—
Jan 31, 2023
—
Dmlb Group INC
Dmlb Group INC
Intrafamily Transfer
related
$1,500,000 · Southwestern National Bank
Jun 26, 2008
—
Suresh R Patel
Patel,mahesh & Ninette
Quit Claim Deed
related
—
Jun 26, 2008
$1,680,000
Dmlb Group INC
Mahesh Patel
Grant Deed
$1,400,000 · Nara Bank NA
Apr 23, 2002
—
Mahesh Patel
Patel,n
Quit Claim Deed
related
—
Nov 27, 1995
—
Ninette Patel
Patel,m
Quit Claim Deed
related
—
May 12, 1995
—
Mahesh Patel
Sumitomo Bank
Grant Deed
$120,000 · Sumitomo Bank
Nov 19, 1993
—
Sumitomo Bank Of California
—
Deed Of Trust
related
—
—
—
Hermann Kuemmel
—
Deed Of Trust
related
$1,100,000 · Sumitomo Bank
—
—
Ninette Patel
—
Deed Of Trust
related
$350,000 · Far East National Bank
—
—
Dmlb Group INC
—
Loan Modification
related
$1,155,000 · Bbcn Bk
—
—
Ninette Patel
—
Deed Of Trust
related
$380,000 · Comerica Bank California
—
—
Ninette Patel
—
Deed Of Trust
related
$380,000 · Imperial Bank
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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