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Property profile & analytics
OFF-MARKET
Estimated value
$2,570,000
Manufacturing properties
1401 Freeman Ave Long Beach, CA 90804-2518
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US10-0440692
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1946
Construction
TILT-UP CONCRETE
Total area
20,664 SF
Lot
0.64 ac (27,928 SF)
Zoning code
LBIL
APN
7259-022-016
UPID
US10-0440692
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
-
Jacobson Plastics Inc Factory Production Facility
-
Vertically Driven Products Factory Production Facility
-
Speed-O-Pin Machine Manufacturing Co (Bike/Boat/Book/etc) Store Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.57M
Owner & transaction history
Jj Freeman Property LLC · 11 yrs held
Jj Freeman Property LLC
since 2014
7 recorded transactions
Zoning & alternative use
LBIL · 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
$124 / 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
$29,170
Tax year 2024
Assessed value
$2,109,123
Assessed 2024
Previous assessed
$2,109,123
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$1,072,236
Assessed improvement
$1,036,887
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1946
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
20,664 SF
Lot
0.64 ac (27,928 SF)
Zoning code
LBIL
APN
7259-022-016
UPID
US10-0440692
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBIL · Long Beach, CA
Zoning LBIL · permitted uses
LBIL · 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
0.64 ac
Current owner
From public records · entity-resolved
Jj Freeman Property LLC
Entity
Mailing address
1401 FREEMAN AVE, LONG BEACH, CA 90804-2518
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Jul 14, 2022
—
Jj Freeman Property LLC
—
Deed
related
$4,750,000 · Farmers & Merchants Bank
Apr 20, 2017
—
Jj Freeman Property LLC
—
Deed
related
$4,443,669 · Jpmorgan Chase Bank NA
Sep 24, 2014
—
Jj Freeman Property LLC
Ndc Long Beach LLC
Grant Deed
$2,494,000 · Plaza Bank
May 16, 2007
$3,700,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
$3,400,000 · Bank Of America
Dec 29, 2005
—
Ndc Long Beach LLC
Sta-rite Industries INC
Grant Deed
$2,488,000 · Bank Of America
Aug 11, 2000
$1,600,000
Sta-rite Industries INC
Park International Corp
Grant Deed
—
—
—
Jj Freeman Property LLC
—
Deed Of Trust
related
$252,000 · Ndc Long Beach LLC
—
—
Jj Freeman Property LLC
—
Deed Of Trust
related
$1,994,000 · Mercantile Cap
—
—
Jj Freeman Property LLC
—
Deed Of Trust
related
$2,051,000 · Business Fin Cap
—
—
Jj Freeman Property LLC
—
Deed Of Trust
related
$4,443,669 · Jp Morgan Chase Bk
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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