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Property profile & analytics
OFF-MARKET
Estimated value
$4,215,000
Warehouses
129 Victoria St Long Beach, CA 90805-2162
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6186356
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Construction
TILT-UP CONCRETE
Total area
40,360 SF
Lot
1.23 ac (53,689 SF)
Zoning code
LBIM
APN
7307-008-043
UPID
US09-6186356
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
-
Long Beach Union Hall High School
-
SEIU 2015 Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.22M
Owner & transaction history
Victorylux Associates LP · 10 yrs held
Victorylux Associates LP
since 2015
6 recorded transactions
Zoning & alternative use
LBIM · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$104 / 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
$39,440
Tax year 2024
Assessed value
$2,732,012
Assessed 2024
Previous assessed
$2,732,012
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$1,392,699
Assessed improvement
$1,339,313
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
40,360 SF
Lot
1.23 ac (53,689 SF)
Zoning code
LBIM
APN
7307-008-043
UPID
US09-6186356
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBIM · Long Beach, CA
Zoning LBIM · permitted uses
LBIM · 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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
Victorylux Associates LP
Entity
Free & Clear · 10 yrs held
Mailing address
3801 KATELLA AVE STE #425, LOS ALAMITOS, CA 90720-6901
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2021
—
Victorylux Associates LP
—
Deed
related
$7,050,000 · Farmers & Merchants Bank Of Long Beach
Sep 17, 2015
$7,447,500
Victorylux Associates LP
Granite Peak Partners Growth
Grant Deed
—
Dec 30, 2005
$5,073,500
Granite Peak Ptrs Growth & INC
Riegg,garrett F
Grant Deed
—
Aug 13, 2004
—
Bender,tr
Bender,stephen D & Nancy D
Quit Claim Deed
related
—
Aug 5, 2004
—
James M Alanko
Alanko,james M & Gloria L
Quit Claim Deed
related
—
Nov 30, 1994
—
Abbey Partners Vii LP
Trammell Crow Intl Partners
Grant Deed
$3,362,500 · Fremont Investment & Loan
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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