Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Motels
1063 Anaheim St Long Beach, CA 90813-3628
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6632924
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1928
Construction
TILT-UP CONCRETE
Total area
7,576 SF
Lot
0.11 ac (4,800 SF)
Zoning code
LBCHW
APN
7268-015-025
UPID
US09-6632924
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
-
Unity Hotel Hotel & Motel
-
Unity Hotel - No Parking & Rooms Are Upstairs Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$435k
CAP Approach
CAP
$730k
Comparable Approach
Comparable
$482k
Blend (final)
Blend
$550k
Owner & transaction history
Unity Patel LLC · 8 yrs held
Unity Patel LLC
since 2018
7 recorded transactions
Zoning & alternative use
LBCHW · 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
by Request
ML approach
$435,000
CAP Approach
CAP Return
Estimation
6%
$790,000
6.5%
$730,000
7%
$680,000
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$73 / 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
$19,551
Tax year 2024
Assessed value
$1,405,550
Assessed 2024
Previous assessed
$1,405,550
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$501,981
Assessed improvement
$903,569
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
1928
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
7,576 SF
Lot
0.11 ac (4,800 SF)
Zoning code
LBCHW
APN
7268-015-025
UPID
US09-6632924
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCHW · Long Beach, CA
Zoning LBCHW · permitted uses
LBCHW · 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
1928
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Unity Patel LLC
Entity
Free & Clear · 8 yrs held
Mailing address
8935 LONG BCH BLVD, SOUTH GATE, CA 90280-2807
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2018
—
Unity Patel LLC
Patel,mina M
Quit Claim Deed
related
—
Feb 6, 2018
—
Mina M Patel
Patel,vimal K R
Quit Claim Deed
related
—
Jan 19, 2018
$1,260,000
Mina M Patel
Unity Hotel LLC
Grant Deed
$700,000 · Unity Hotel LLC
Jul 25, 2013
—
Unity Hotel LLC
Hong,hoa L
Quit Claim Deed
$550,000 · Hanmi Bank
Jan 10, 2008
—
HOA L Hong
Hong,thomas V
Quit Claim Deed
related
—
Jan 10, 2008
$1,030,000
HOA L Hong
Kim,yoon S
Grant Deed
$669,500 · Pacific City Bank
Mar 10, 2004
—
Yoon S Kim
Kim,yun S
Quit Claim Deed
related
—
Mar 10, 2004
$720,000
Yoon S Kim
Charles Ross Co
Grant Deed
$360,000 · Wilshire State Bank
Jan 12, 1999
$200,000
Charles Ross Co
Mpi Funding Corp
Grant Deed
$120,000 · Datacom Investment Co INC
Nov 12, 1997
$182,941
Cenfed Bank
Patel,naresh P & Kala
Trustees Deed
related
—
May 20, 1992
$25,000
Naresh P Patel
Desai,jaya D
Grant Deed
—
May 16, 1989
$400,000
Desai D K
Vanevery Scott T
Grant Deed
$100,000 · California Western Financial
Mar 17, 1989
—
Scott T Vanevery
Vanevery Scott T
Quit Claim Deed
related
$200,000 · Vineyard National Bank
—
—
Naresh P Patel
—
Deed Of Trust
related
$315,000 · Government Funding
—
—
Scott T Vanevery
—
Deed Of Trust
related
$190,000 · W Amer Const
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1063 Anaheim St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
