Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    117 8th St Long Beach, CA 90813-4397

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    117 8th St Long Beach, CA 90813-4397

    View on Map
    • Assisted living facilities
    • 63,910 SF
    • 0.17 lot acres
    Off-Market
    Property ID
    US09-6349868
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $3,320,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Infusion for Health - Long Beach / Medical Clinic
    • Keith Stamler / Physician
    • Regency Palms Long Beach / Nursing Home / Retirement Community

    Property Details for 117 8th St

    Year built
    1929
    Construction
    CONCRETE
    Lot size
    0.17 lot acres
    Property size
    63,910 SF
    Zone code
    LBPD29
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    7273-016-010
    APU
    7273016010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.192
    Latitude
    33.7767
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $244,979
    $490,000
    $18,410,000
    $18,900,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $545,000
      25,296 SF

      1001 Linden Ave

      HOMES (RETIRED, NURSING) • 25,296 SF
      1001 Linden Ave, Long Beach, CA 90813
      View Details
    • Value Estimation by Request
      7,378 SF

      1304 10th St

      HOMES (RETIRED, NURSING) • 7,378 SF
      1304 10th St, Long Beach, CA 90813
      View Details
    • Value Estimation by Request
      8,468 SF

      1548 Chestnut Ave

      HOMES (RETIRED, NURSING) • 8,468 SF
      1548 Chestnut Ave, Long Beach, CA 90813-1623
      View Details
    • Value Estimation by Request
      7,900 SF

      850 Long Bch Blvd

      HOMES (RETIRED, NURSING) • 7,900 SF
      850 Long Bch Blvd, Long Beach, CA 90813-4418
      View Details
    • Value Estimation
      $710,000
      9,251 SF

      723 9th St

      HOMES (RETIRED, NURSING) • 9,251 SF
      723 9th St, Long Beach, CA 90813-4611
      View Details
    • Value Estimation
      $995,000
      3,074 SF

      1035 Olive Ave

      HOMES (RETIRED, NURSING) • 3,074 SF
      1035 Olive Ave, Long Beach, CA 90813-3518
      View Details

    Similar Nearby for Sale

    • $770,000
      2,240 SF

      Freestanding Industrial Building in Long Beach

      Functional industrial building with secure yard, close to ports.
      1345 W Gaylord St, Long Beach, CA 90813
      View Details
    • Contact for pricing
      5,557 SF

      Remodeled Motel in Downtown Long Beach

      Newly remodeled 17-room motel with parking and storage.
      1047 Pacific Ave, Long Beach, CA 90813
      View Details
    • Contact for pricing

      New Distribution Facility Available

      New construction distribution facility available for sale or lease.
      1675 Santa Fe Ave, Long Beach, CA 90813
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Long Beach Industrial Space Available

      Single tenant industrial space for lease in Long Beach.
      1250 W 17Th St, Long Beach, CA 90813
      View Details
    • Contact for pricing

      Medical Office Near St. Mary

      Multi-tenant medical office building on the Dignity Health St. Mary campus.
      1040 Elm Ave, Long Beach, CA 90813
      View Details
    • $0.80 SF/Yr
      7,400 SF

      Industrial Land for Lease

      7,400 SF paved and secured yard in Long Beach.
      1265 W 17Th St, Long Beach, CA 90813
      View Details
    • Contact for pricing
      4,880 SF

      Freestanding Warehouse Near Ports

      Updated warehouse building with bonus yard space near Long Beach.
      1526 Seabright Ave, Long Beach, CA 90813
      View Details
    • Contact for pricing
      6,400 SF

      Long Beach Warehouse Space Available

      Warehouse space for sublease with freeway access and port proximity.
      1444 Daisy Ave, Long Beach, CA 90813
      View Details
    • Contact for pricing
      12,600 SF

      Long Beach Blvd Office/Retail Space

      Creative office or retail space with outdoor patio.
      1635 Long Beach Blvd, Long Beach, CA 90813
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    117 8th St
    Long Beach, CA 90813-4397
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!