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Property profile & analytics
OFF-MARKET
Estimated value
$10,435,000
Medical Office Space
1220 4th St Long Beach, CA 90802-1831
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6963948
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1942
Construction
WOOD
Total area
15,940 SF
Lot
0.62 ac (27,115 SF)
Zoning code
LBCNR
APN
7275-006-075
UPID
US09-6963948
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
-
WelbeHealth Home Health Care Service Medical Center
-
Janice Cao Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.87M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.44M
Owner & transaction history
Dominguez Channel LLC · 2 yrs held
Dominguez Channel LLC
since 2023
Last sale
$11.0M
7 recorded transactions
Zoning & alternative use
LBCNR · 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
$10,875,000
ML approach
$8,865,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$10,895,000
Current use
RESTAURANT
$9,940,000
Change: -9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,420,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$10.44M
Range $9.39M – $11.48M · ±10% · vs last sale $11.00M (Dec 1 2023)
Last sale anchor
$11.00M
Dec 1 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
$655 / 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
$140,038
Tax year 2024
Assessed value
$11,000,000
Assessed 2024
Previous assessed
$11,000,000
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$3,000,000
Assessed improvement
$8,000,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1942
Construction
WOOD
Heating
NONE
Buildings
2
Units
6
Bathrooms
9
Total area
15,940 SF
Lot
0.62 ac (27,115 SF)
Zoning code
LBCNR
APN
7275-006-075
UPID
US09-6963948
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCNR · Long Beach, CA
Zoning LBCNR · permitted uses
LBCNR · 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
MEDICAL BUILDING Current
Est. value
$10.9M
RESTAURANT
Est. value
$9.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.4M
MEDICAL BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1942
Construction
WOOD
Heating
NONE
Buildings
2
Units
6
Bathrooms
9
Lot
0.62 ac
Current owner
From public records · entity-resolved
Dominguez Channel LLC
Entity
Mailing address
591 3RD AVE20A, NEW YORK, NY 10016-9818
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2026
—
Dominguez Channel LLC
—
Deed
related
$1,600,000 · Farmers & Merchants Bank Of Long Beach
Dec 1, 2023
$11,000,000
Dominguez Channel LLC
Th Long Beach 4th Street LP
Grant Deed
$4,950,000 · First Citizens Bank & Trust Co
Jan 31, 2020
—
The Long Beach 4th Street LP
—
Deed
related
$5,100,000 · City National Bank
Nov 26, 2018
$4,500,000
Th Long Beach 4th Street LP
Ratiner 2005 Fam L/tr
Grant Deed
—
Feb 15, 2017
$2,338,500
Ratiner 2005 Family Living Trust
Mark J Cochrane
Grant Deed
—
Aug 4, 2005
—
Tillery,robert J & Karen K
Karen K Tillery
Quit Claim Deed
related
—
Aug 4, 2005
$475,000
Cochrane,mark J & Lisa A
Ray Earl G Trust
Grant Deed
—
Aug 7, 2001
—
Karen K Tillery
Tillery,k K Co-trustee
Quit Claim Deed
related
—
Jul 29, 1998
—
Jack N Cochrane
Cochrane,j N
Quit Claim Deed
related
—
—
—
Jack N Cochrane
—
Deed Of Trust
related
$250,000 · Ray Earl G
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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