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Property profile & analytics
OFF-MARKET
Estimated value
$1,520,000
Manufacturing properties
1449 Cowles St Long Beach, CA 90813-2736
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8448176
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1959
Construction
WOOD
Total area
4,480 SF
Lot
0.23 ac (9,904 SF)
Zoning code
LBIG
APN
7432-017-031
UPID
US09-8448176
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
$1.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$1.52M
Owner & transaction history
Beary Properties INC · 1 yrs held
Beary Properties INC
since 2024
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
LBIG · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.7M
+47.4%
Office building
$1.6M
+41.8%
Auto repair, garage
$1.4M
+26.7%
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
$1,590,000
ML approach
$1,590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,120,000
Current use
WAREHOUSE, STORAGE
$1,650,000
Change: +47% · Conversion: Easy
OFFICE BUILDING
$1,585,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,415,000
Change: +27% · Conversion: Easy
RETAIL STORES
$1,120,000
Change: 0% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,075,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$1.52M
Range $1.37M – $1.67M · ±10% · vs last sale $1.39M (Sep 10 2024)
Last sale anchor
$1.39M
Sep 10 2024
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
$339 / 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
$21,370
Tax year 2024
Assessed value
$1,654,236
Assessed 2024
Previous assessed
$1,654,236
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$853,128
Assessed improvement
$801,108
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Buildings
2
Units
2
Total area
4,480 SF
Lot
0.23 ac (9,904 SF)
Zoning code
LBIG
APN
7432-017-031
UPID
US09-8448176
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBIG · Long Beach, CA
Zoning LBIG · permitted uses
LBIG · 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
INDUSTRIAL (GENERAL) Current
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
1959
Construction
WOOD
Heating
NONE
Buildings
2
Units
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Beary Properties INC
Entity
Mailing address
15021 E VENTURA BLVD #493, SHERMAN OAKS, CA 91403-2442
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2024
$1,390,000
Beary Properties INC
Pencor INC
Grant Deed
—
Jun 14, 2024
$955,200
Pencor INC
West Cowles LLC
Trust Deed
related
—
Jan 5, 2022
—
West Cowles LLC
—
Deed
related
$660,000 · Cdc Small Business Finance Corp
Dec 28, 2021
$1,590,000
West Cowles LLC
Nn Property Ventures LLC
Grant Deed
$811,500 · Bank Five Nine
Dec 28, 2021
—
West Cowles LLC
—
Deed
related
$811,500 · Bank Five Nine
Oct 31, 2018
$1,650,000
Nn Property Ventures LLC
Foss Family Trust
Grant Deed
$1,072,000 · Allstar Fin'l Svcs
Dec 8, 2009
—
Foss Family Trust
Clyde E Foss
Quit Claim Deed
related
—
Apr 27, 2009
—
Foss Family Trust
Clyde E Foss
Quit Claim Deed
related
—
Dec 21, 1994
$210,000
Clyde Foss
Hauge,lee C & Patricia
Grant Deed
$180,000 · Seller
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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