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Property profile & analytics
OFF-MARKET
Estimated value
$3,930,000
Auto shops
1500 Seabright Ave Long Beach, CA 90813-1131
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9119622
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1947
Construction
TILT-UP CONCRETE
Total area
8,810 SF
Lot
0.37 ac (16,270 SF)
Zoning code
LBCH*
APN
7432-002-063
UPID
US09-9119622
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
-
guasave auto repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.19M
Blend (final)
Blend
$3.93M
Owner & transaction history
Bernal Holdings Company LLC · 1 yrs held
Bernal Holdings Company LLC
since 2025
Last sale
$3.8M
4 recorded transactions
Zoning & alternative use
LBCH* · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.0M
+116.1%
Restaurant
$5.5M
+97.2%
Neighborhood: shopping center
$5.2M
+86.9%
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
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,785,000
Current use
MEDICAL BUILDING
$6,020,000
Change: +116% · Conversion: Difficult
RESTAURANT
$5,495,000
Change: +97% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,210,000
Change: +87% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,240,000
Change: +16% · Conversion: Easy
OFFICE BUILDING
$3,120,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$3.93M
Range $3.54M – $4.32M · ±10% · vs last sale $3.80M (Apr 1 2025)
Last sale anchor
$3.80M
Apr 1 2025
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
$446 / 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
$32,538
Tax year 2024
Assessed value
$2,477,920
Assessed 2024
Previous assessed
$2,477,920
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,735,075
Assessed improvement
$742,845
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
8,810 SF
Lot
0.37 ac (16,270 SF)
Zoning code
LBCH*
APN
7432-002-063
UPID
US09-9119622
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCH* · Long Beach, CA
Zoning LBCH* · permitted uses
LBCH* · 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
AUTO REPAIR, GARAGE Current
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$6.0M
RESTAURANT
Est. value
$5.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.2M
WAREHOUSE, STORAGE
Est. value
$3.2M
OFFICE BUILDING
Est. value
$3.1M
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
Bernal Holdings Company LLC
Entity
Free & Clear · 1 yrs held
Mailing address
5081 GILLINGHAM CIR, WESTMINSTER, CA 92683-4824
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Jul 1, 2025
$3,800,000
Bernal Holdings Company LLC
Morgan Long Separate Property Trust
Grant Deed
—
Apr 28, 2022
—
Morgan Long
Bruce Long Morgan
Intrafamily Transfer
related
—
Sep 24, 2021
—
Bruce Long Morgan
Wilfred Willard Irwin
Affidavit Death Of Trustee/successor Trustee
—
May 6, 1965
—
—
—
Grant Deed
related
—
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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