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Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Apartment buildings
1089 Coronado Ave Long Beach, CA 90804-3845
Trust Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7432382
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1927
Construction
WOOD
Total area
10,424 SF
Lot
0.15 ac (6,475 SF)
Zoning code
LBR2N
APN
7258-005-012
UPID
US09-7432382
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
by Request
Blend (final)
Blend
$1.58M
Owner & transaction history
Chang Grace Living Trust · 15 yrs held
Chang Grace Living Trust
since 2010
7 recorded transactions
Zoning & alternative use
LBR2N · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$151 / 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
$23,013
Tax year 2024
Assessed value
$1,642,886
Assessed 2024
Previous assessed
$1,642,886
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$656,753
Assessed improvement
$986,133
Applied tax rate
5.0000
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
1927
Construction
WOOD
Heating
NONE
Cooling
YES
Units
12
Bathrooms
12
Total area
10,424 SF
Lot
0.15 ac (6,475 SF)
Zoning code
LBR2N
APN
7258-005-012
UPID
US09-7432382
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBR2N · Long Beach, CA
Zoning LBR2N · permitted uses
LBR2N · 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
1927
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
12
Bathrooms
12
Lot
0.15 ac
Current owner
From public records · entity-resolved
Chang Grace Living Trust
Trust
Mailing address
4729 CLARA ST, CUDAHY, CA 90201-5107
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2018
—
Grace Chang
—
Deed
related
$1,010,000 · Jpmorgan Chase Bank NA
Jul 26, 2010
—
Chang Grace Living Trust
Chang,grace
Quit Claim Deed
related
—
Jan 25, 2007
$640,000
Grace Chang
Chang,grace
Grant Deed
related
$680,000 · Malaga Bank Fsb
Sep 19, 2006
—
Grace Chang
Coronado Ptshp
Grant Deed
—
Aug 25, 1988
—
Daniel Knobloch
Tico
Grant Deed
related
—
May 3, 1988
$40,000
Laurain Tr
Knobl
Trustees Deed
related
—
May 3, 1988
$255,000
Daniel Knobloch
Ketl
Trustees Deed
related
—
—
—
Coronado Partnership Gp
—
Deed Of Trust
related
$250,000 · First Federal Bank Ca
—
—
Coronado
—
Deed Of Trust
related
$310,000 · Fidelity Federal 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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