Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,205,000
Apartment buildings
11615 Long Bch Blvd Lynwood, CA 90262-4323
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6636161
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1937
Construction
WOOD
Total area
6,760 SF
Lot
0.29 ac (12,751 SF)
Zoning code
LYC2AY
APN
6171-022-003
UPID
US09-6636161
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
$2.70M
CAP Approach
CAP
$1.68M
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$2.21M
Owner & transaction history
Dan Bakhshi Tarzan · 3 yrs held
Dan Bakhshi Tarzan
since 2023
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
LYC2AY · Lynwood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.1M
+174.7%
Medical building
$3.1M
+170.0%
Office building
$3.0M
+166.4%
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 Lynwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynwood 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
$2,950,000
ML approach
$2,700,000
CAP Approach
CAP Return
Estimation
6%
$1,815,000
6.5%
$1,675,000
7%
$1,555,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,125,000
Change: +175% · Conversion: Difficult
MEDICAL BUILDING
$3,075,000
Change: +170% · Conversion: Moderate
OFFICE BUILDING
$3,030,000
Change: +166% · Conversion: Moderate
RETAIL STORES
$2,050,000
Change: +80% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,985,000
Change: +75% · Conversion: Difficult
Blend value · Realmo final
$2.21M
Range $1.98M – $2.43M · ±10% · vs last sale $2.10M (Jan 24 2023)
Last sale anchor
$2.10M
Jan 24 2023
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
$326 / 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
$33,056
Tax year 2024
Assessed value
$2,251,621
Assessed 2024
Previous assessed
$2,251,621
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$1,715,522
Assessed improvement
$536,099
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
1937
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
15
Bathrooms
2
Total area
6,760 SF
Lot
0.29 ac (12,751 SF)
Zoning code
LYC2AY
APN
6171-022-003
UPID
US09-6636161
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LYC2AY · Lynwood, CA
Zoning LYC2AY · permitted uses
LYC2AY · Lynwood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynwood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$3.1M
OFFICE BUILDING
Est. value
$3.0M
RETAIL STORES
Est. value
$2.1M
WAREHOUSE, STORAGE
Est. value
$2.0M
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1937
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
15
Bathrooms
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Dan Bakhshi Tarzan
Individual
Mailing address
1331 AMHERST AVE APT #103, LOS ANGELES, CA 90025-2596
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
29 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2023
—
Dan Bakhshi Tarzan
Dan Bakhshi Tarzan
Intrafamily Transfer
related
$1,960,000 · Financial Partners Cu
Nov 6, 2020
—
Dan Bakhshi Tarzan
—
Deed
related
$1,020,000 · Axos Bank
Jul 30, 2020
—
Dan B Tarzan
Dan B Tarzan
Quit Claim Deed
related
$350,000 · Schmuel Jewish Foundation
Oct 30, 2019
—
Julio Rico
Andy Rico
Quit Claim Deed
related
—
Oct 30, 2019
$2,100,000
Dan B Tarzan
Julio Rico
Grant Deed
$800,000 · Red Dragon Investment
Dec 19, 2012
$820,000
Julio Rico
Kim,edward
Grant Deed
$150,000 · Portuges Stephen H Trust (pt)
Dec 19, 2012
—
Edward Kim
Kim,edward
Quit Claim Deed
related
—
Aug 2, 2011
—
Edward Kim
Cho,ginnie F
Quit Claim Deed
related
$520,000 · First Choice Bank
Feb 25, 2011
$836,884
Edward Kim
Asset Foreclosure Svcs INC
Trustees Deed
related
—
Mar 18, 2005
—
Iliana K Monteagudo
Monteagudo,rosa
Quit Claim Deed
related
—
Sep 3, 2004
$810,000
Rosa Monteagudo
11609-11615 Long Bch Blvd
Grant Deed
$526,500 · Rj Investments
Dec 3, 2003
$292,878
Long,beach B Tr
Aispuro,zeferino
Trustees Deed
—
Jun 16, 2003
—
Michael Richardson
Perez,carlos
Grant Deed
related
—
Jun 1, 2000
—
Carlos Perez
Aispuro,z
Grant Deed
related
—
Feb 12, 1997
—
Zeferino Aispuro
Jimenez,m A
Grant Deed
related
—
Sep 28, 1995
$150,000
Pedro Gonzalez
Highland Federal Bank
Grant Deed
$176,000 · Cal Vista Home Loans INC
Jul 27, 1995
$250,000
Highland Federal Bank
Sepulveda,juan & Hilda
Trustees Deed
related
—
Nov 29, 1989
—
Irma Casillas
Casil
Quit Claim Deed
related
—
Nov 29, 1989
$494,000
Realty Opportuni
Casi
Trustees Deed
—
Nov 29, 1989
$247,000
Sepulveda Juan&h
Realty Opportuni
Trustees Deed
$296,400 · Finalcial Center
—
—
Juan Sepulveda
—
Deed Of Trust
related
$98,100 · Individual
—
—
Zeferino Aispuro
—
Deed Of Trust
related
$210,000 · Cal Vista Home Loans INC
—
—
Iliana K Monteagudo
—
Deed Of Trust
related
$655,000 · East West Bank
—
—
Iliana K Monteagudo
—
Deed Of Trust
related
$760,000 · Hanmi Bank
—
—
Zeferino Aisferino
—
Deed Of Trust
related
$40,000 · Individual
—
—
Juan Sepulveda
—
Deed Of Trust
related
$19,000 · Martinez Rene
—
—
Iliana K Monteagudo
—
Deed Of Trust
related
$164,000 · Hanmi Bank
—
—
Juan Sepulveda
—
Deed Of Trust
related
$269,500 · Highland Federal Bank
—
—
Edward I Kim
—
Deed Of Trust
related
$500,000 · Hye K Chin
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 11615 Long Bch Blvd?
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.
