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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Turn key restaurants
144 Pne Ave Long Beach, CA 90802-4411
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6234523
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1925
Construction
TILT-UP CONCRETE
Total area
7,500 SF
Lot
0.17 ac (7,531 SF)
Zoning code
LBPD30
APN
7280-027-003
UPID
US09-6234523
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
-
BO-beau kitchen + roof tap Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$695k
Owner & transaction history
Davles LLC · 13 yrs held
Davles LLC
since 2012
7 recorded transactions
Zoning & alternative use
LBPD30 · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Districts Established
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
$93 / 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
$43,408
Tax year 2024
Assessed value
$2,173,102
Assessed 2024
Previous assessed
$2,173,102
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$543,273
Assessed improvement
$1,629,829
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
OTHER
Stories
1
Total area
7,500 SF
Lot
0.17 ac (7,531 SF)
Zoning code
LBPD30
APN
7280-027-003
UPID
US09-6234523
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBPD30 · Long Beach, CAZoning 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
Source
Zoning Districts Established
Building & site characteristics
From public records
Year built
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Davles LLC
Entity
Mailing address
2225 HANCOCK ST, SAN DIEGO, CA 92110-2033
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2021
—
Davles LLC
—
Deed
related
$1,252,000 · Zb NA
Oct 15, 2012
$2,100,000
Davles LLC
Molina J/m Living Trust
Deed Of Trust
$1,575,000 · California Bank & Trust
Oct 3, 2011
$600,000
Molina J/m Living Trust
Morris Family Trust
Grant Deed
—
Nov 12, 2010
—
Morris Family Trust
Morris Family Trust
Quit Claim Deed
related
—
Apr 3, 2006
—
Morris Family Trust
Morris,john H
Quit Claim Deed
related
—
May 16, 1990
—
John H Morris
—
Deed Of Trust
related
—
May 4, 1988
—
John H Morris
Morri
Quit Claim Deed
related
$756,000 · Queen City Bank
—
—
John H Morris
—
Deed Of Trust
related
$87,000 · Lb Local Dev
—
—
Morris Family Trust
—
Deed Of Trust
related
$2,100,000 · International City Bank
—
—
John H Morris
—
Deed Of Trust
related
$1,200,000 · International City Bank
—
—
John H Morris
—
Deed Of Trust
related
$175,200 · Long Beach City (ca)
—
—
John H Morris
—
Deed Of Trust
related
$600,000 · International City Bank
—
—
John H Morris
—
Deed Of Trust
related
—
—
—
John H Morris
—
Deed Of Trust
related
$50,000 · Frank T Suryan
—
—
Morris Family Trust
—
Deed Of Trust
related
$2,150,892 · International City 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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