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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
Office buildings
1400 Obispo Ave, Long Beach, CA 90804
Trust Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7024712
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1954
Construction
WOOD
Total area
7,257 SF
Lot
0.38 ac (16,682 SF)
Zoning code
LBR2N
APN
7259-007-044
UPID
US09-7024712
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.30M
Owner & transaction history
Hallaian Jeffrey D & J M Trust · 19 yrs held
Hallaian Jeffrey D & J M Trust
since 2007
7 recorded transactions
Zoning & alternative use
LBR2N · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±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
$178 / 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
$6,734
Tax year 2024
Assessed value
$438,300
Assessed 2024
Previous assessed
$438,300
+0.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$211,324
Assessed improvement
$226,976
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
7,257 SF
Lot
0.38 ac (16,682 SF)
Zoning code
LBR2N
APN
7259-007-044
UPID
US09-7024712
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBR2N · Long Beach, CA
Zoning LBR2N · permitted uses
LBR2N · 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
1954
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Hallaian Jeffrey D & J M Trust
Trust
Free & Clear · 19 yrs held
Mailing address
4030 PACIFIC AVE, LONG BEACH, CA 90807-3232
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2007
—
Hallaian Jeffrey D & J M Trust
Hallaian,jeffrey
Quit Claim Deed
related
—
Apr 10, 2002
—
Jeffrey Hallaian
Kioudjian,n D Tr
Quit Claim Deed
related
—
Jan 27, 2000
—
Hallaian,charles A Trustee
Hallaian C A Trustee,
Quit Claim Deed
related
—
Oct 17, 1997
$155,000
Hallsian Trust
Marie Callender Pie Shops INC
Grant Deed
$135,000 · Marie Callender Pie Shops INC
Jul 13, 1995
$487,143
Marie Callender Pie Shops INC
Snow,edward A & Kiet T
Trustees Deed
—
Aug 25, 1992
$159,000
Snows Inv INC
Snow,edward A
Quit Claim Deed
related
—
Sep 2, 1988
$675,000
Edward A Snow
Call
Grant Deed
$506,250 · Callender Marie
—
—
Snow Edward A
—
Deed Of Trust
related
$100,000 · Individual
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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