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Property profile & analytics
OFF-MARKET
Estimated value
$1,275,000
Warehouses
1208 Gaviota Ave Long Beach, CA 90813-3816
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6887484
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1923
Construction
TILT-UP CONCRETE
Total area
6,500 SF
Lot
0.16 ac (7,031 SF)
Zoning code
LBCH*
APN
7261-029-089
UPID
US09-6887484
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
-
Walsh Moving & Storage Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.42M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.28M
Owner & transaction history
J & J Gaviota Holdings LLC · 6 yrs held
J & J Gaviota Holdings LLC
since 2020
7 recorded transactions
Zoning & alternative use
LBCH* · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,535,000
6.5%
$1,420,000
7%
$1,320,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,055,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.28M
Range $1.15M – $1.40M · ±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
$196 / 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
$13,282
Tax year 2024
Assessed value
$1,015,118
Assessed 2024
Previous assessed
$1,015,118
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$513,137
Assessed improvement
$501,981
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
6,500 SF
Lot
0.16 ac (7,031 SF)
Zoning code
LBCH*
APN
7261-029-089
UPID
US09-6887484
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCH* · Long Beach, CA
Zoning LBCH* · permitted uses
LBCH* · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.1M
AUTO REPAIR, GARAGE
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
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
J & J Gaviota Holdings LLC
Entity
Mailing address
115 E VENETIA DR UNIT #106, LONG BEACH, CA 90803-3940
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2022
—
J&j Gaviota Holdings LLC
—
Deed
related
$2,900,000 · Asset Development Associates LLC
May 13, 2020
—
J & J Gaviota Holdings LLC
James Kao
Grant Deed
related
$2,155,000 · Bradford Family Trust (pt)
Jul 5, 2019
—
J & J Gaviota Holdings LLC
Bentley,james M
Quit Claim Deed
related
—
Jul 14, 2017
$2,230,000
James Kao
Nationwide Cap Grp INC
Trustees Deed
$1,449,500 · One2b Trust (ct)
Jun 6, 2017
—
Nationwide Cap Grp INC
Shepard,chris
Quit Claim Deed
—
May 30, 2017
—
Chris Shepard
—
Grant Deed
related
$1,595,000 · Tom Gallagher
Mar 22, 2017
—
Chris Shepard
—
Grant Deed
related
$2,800,000 · Farrell Family Trust (pt)
Mar 7, 2017
—
Chris Shepard
Shepard Investments INC
Quit Claim Deed
—
Feb 14, 2017
$1,800,000
Shepard Investments INC
Morris James & S 2004 Trust
Grant Deed
—
Jul 13, 2016
—
James M Morris
Morris,james M & Susan M
Quit Claim Deed
related
—
Mar 21, 2014
—
James M Morris
Jim M Morris
Intrafamily Transfer
related
$2,093,000 · Wells Fargo Bank NA
Aug 17, 2007
$2,000
James M Morris
City Of Long Beach
Quit Claim Deed
related
—
Apr 13, 2007
$650,000
Jim M Morris
Sapper,thomas R & Kimberly M
Grant Deed
$475,000 · Bank Of America
Jun 24, 1998
$240,000
Thomas R Sapper
Walsh Securities INC
Grant Deed
$220,000 · Individual
Jun 24, 1998
—
Thomas R Sapper
Owner,
Grant Deed
related
—
Jul 2, 1996
—
Delores Rey
Paolini,e
Grant Deed
related
—
May 25, 1993
—
Evelyn Paolini
Land's End Prope
Grant Deed
related
—
Apr 26, 1991
—
Lands End Proper
—
Trustees Deed
related
—
—
—
Evelyn Paolini
—
Deed Of Trust
related
$39,900 · Us Small Business Admn
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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