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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Medical Office Space
127 7th St Long Beach, CA 90813-4344
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6660724
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1946
Construction
TILT-UP CONCRETE
Total area
2,500 SF
Lot
0.06 ac (2,500 SF)
Zoning code
LBPD30
APN
7273-023-014
UPID
US09-6660724
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
-
ABC Trade House Long Beach Coworking & Hybrid Office
-
Furball Fitness Long Beach Kennel & Boarding Facility
-
Veterans Resellers Big Box & Wholesale Store
-
Gulraiz Management Freight Service Logistics Company
-
Veterans Estate Services Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
$595k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Venzon Investments INC · 4 yrs held
Venzon Investments INC
since 2022
Last sale
$550,005
7 recorded transactions
Zoning & alternative use
LBPD30 · 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
$500,000
ML approach
$475,000
CAP Approach
CAP Return
Estimation
6%
$645,000
6.5%
$595,000
7%
$550,000
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $550k (Feb 10 2022)
Last sale anchor
$550k
Feb 10 2022
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
$214 / 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
$9,551
Tax year 2024
Assessed value
$572,220
Assessed 2024
Previous assessed
$572,220
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$260,100
Assessed improvement
$312,120
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1946
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,500 SF
Lot
0.06 ac (2,500 SF)
Zoning code
LBPD30
APN
7273-023-014
UPID
US09-6660724
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBPD30 · Long Beach, CA
Zoning LBPD30 · permitted uses
LBPD30 · 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.
Building & site characteristics
From public records
Year built
1946
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Venzon Investments INC
Entity
Mailing address
15900 HAWTHORNE BLVD #300, LAWNDALE, CA 90260-2644
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2022
$550,000
Venzon Investments INC
7th Street Blz Center LLC
Grant Deed
—
Dec 20, 2017
$550,000
7th Street Biz Center LLC
El Dabe,edmond & Rose
Grant Deed
$350,000 · Edmond & Rose El Dabe
Jul 2, 2013
$300,000
Edmond El Dabe
Thomas R 2003 Living Trust
Grant Deed
—
Jan 21, 2005
—
Thomas Arlene 2003 Trust
Thomas,arlene
Quit Claim Deed
related
$175,000 · Alliance Bank
Sep 6, 2002
$200,000
Thomas Computer Solutions
Kurkjian,tr
Grant Deed
$150,000 · Kurkjian Trust
Sep 6, 2002
—
Kurkjian,harold J & Betty A Tr
Kurkjian,h
Quit Claim Deed
related
—
—
—
Thomas Computer Solutions LLC
—
Deed Of Trust
related
$168,000 · Alliance Bank
—
—
Thomas Computer Solutions
—
Deed Of Trust
related
$50,000 · Alliance Bank
—
—
Thomas A Living 2003 Trust
—
Deed Of Trust
related
$155,000 · Alliance Bank
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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