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Property profile & analytics
FOR SALE
Investment properties
1427 E 4Th St Long Beach, CA 90802
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6230620
For Sale
1 / 78
$1,999,000
1427 E 4Th St, Long Beach, CA 90802
View Listing →
Property summary
AI-generated overview
This exceptional 2,500 square foot Class A creative office space is available for lease at 1427 E 4th St in Long Beach, CA 90802. The property consists of a single, two-story building with a total of 2,500 square feet, currently entirely vacant and ready for immediate occupancy. The building features a modern exterior with smooth stucco and updated siding and lighting. The interior is in shell condition, offering a blank canvas for a tenant to customize the space to their specific needs. High ceilings and an open floor plan provide excellent flexibility for various uses. The property is zoned to accommodate a wide range of businesses, including restaurants, wine tasting shops, and other permitted retail uses. The building is conveniently located in Long Beach, California, offering easy access to major transportation routes and amenities. This is a rare opportunity to lease a completely vacant, modern, and adaptable space in a desirable Long Beach location. The property type is listed as both retail and office, making it suitable for a variety of businesses seeking a unique and stylish workspace. There are no elevators in this building. The entire 2,500 square feet is available for lease as a single unit.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1929
Construction
WOOD
Total area
5,065 SF
Lot
0.07 ac (2,951 SF)
Zoning code
LBCNR
APN
7266-018-036
UPID
US09-6230620
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
-
Hope Alliance Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
$1.36M
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$1.19M
Owner & transaction history
Home Sale Solutions LLC · 3 yrs held
Home Sale Solutions LLC
since 2023
Last sale
$1.2M
4 recorded transactions
Zoning & alternative use
LBCNR · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.8M
+52.8%
Auto repair, garage
$1.6M
+36.5%
Apartment house (5+ units)
$1.5M
+26.1%
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
$1,185,000
ML approach
$1,175,000
CAP Approach
CAP Return
Estimation
6%
$1,470,000
6.5%
$1,360,000
7%
$1,260,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,175,000
Current use
OFFICE BUILDING
$1,795,000
Change: +53% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,600,000
Change: +37% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,480,000
Change: +26% · Conversion: Moderate
RETAIL STORES
$1,425,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±10% · vs last sale $1.20M (Jun 1 2023)
Last sale anchor
$1.20M
Jun 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
$235 / 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
$16,444
Tax year 2024
Assessed value
$1,224,000
Assessed 2024
Previous assessed
$1,224,000
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$408,000
Assessed improvement
$816,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1929
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
4
Total area
5,065 SF
Lot
0.07 ac (2,951 SF)
Zoning code
LBCNR
APN
7266-018-036
UPID
US09-6230620
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
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1929
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
4
Lot
0.07 ac
Current owner
From public records · entity-resolved
Home Sale Solutions LLC
Entity
Mailing address
6590 HIGH COUNTRY PL, MOORPARK, CA 93021-1163
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2023
$1,200,000
Home Sale Solutions LLC
Lawrence William Shaw
Grant Deed
$840,000 · Merchants Funding Az LLC
Jun 3, 2005
—
Shaw Carol A Trust
Shaw,carol A
Quit Claim Deed
related
—
Jun 4, 2003
—
Shaw,tr
Shaw,lawrence W
Quit Claim Deed
related
—
—
—
Lawrence W Shaw
—
Deed Of Trust
related
$50,000 · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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