Technical
Financial
Distress signals
Property profile

1216 Broadway Long Beach, CA 90802

OFF-MARKET
Investment properties
Property ID
US10-0455232
6,152 SF 0.19 ac lot Built 1906
Trust Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1906
Construction WOOD
Total area 6,152 SF
Lot 0.19 ac (8,258 SF)
Zoning code LBR4R
APN 7265-011-028
UPID US10-0455232

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center

Location

1216 Broadway Long Beach, CA 90802-3639
Long Beach metro Census 576601 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.65M
Comparable Approach Comparable
$782k
Blend (final) Blend
$1.23M

Owner & transaction history

since 2017
7 recorded transactions
2022
Price N/A
2018
Price N/A
2017
$1.7M
2017
Price N/A
2015
Price N/A
2013
Price N/A
2012
Price N/A

Zoning & alternative use

LBR4R · Long Beach, CA
Top alternative use upside
Auto repair, garage $1.9M +36.5%
Apartment house (5+ units) $1.8M +26.1%
Retail stores $1.7M +21.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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