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Property profile & analytics
OFF-MARKET
Estimated value
$8,880,000
Office buildings
1525 Long Bch Blvd, Long Beach, CA 90813-1923
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6841737
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2020
Construction
WOOD
Total area
8,600 SF
Lot
0.57 ac (24,999 SF)
Zoning code
LBPD29
APN
7269-017-013
UPID
US09-6841737
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
-
Ballast Collective Social Service Agency Charitable Organization
-
Fresenius Kidney Care Long Beach Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.88M
Owner & transaction history
Roxy Property Long Beach LLC · 4 yrs held
Roxy Property Long Beach LLC
since 2022
Last sale
$9.3M
7 recorded transactions
Zoning & alternative use
LBPD29 · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.9M
+93.0%
Restaurant
$5.4M
+76.1%
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
$8,440,000
ML approach
$8,475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,880,000
Change: +93% · Conversion: Easy
RESTAURANT
$5,365,000
Change: +76% · Conversion: Moderate
Blend value · Realmo final
$8.88M
Range $7.99M – $9.77M · ±10% · vs last sale $9.31M (Jun 3 2022)
Last sale anchor
$9.31M
Jun 3 2022
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
$1,033 / 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
$123,491
Tax year 2024
Assessed value
$9,681,962
Assessed 2024
Previous assessed
$9,681,962
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,705,040
Assessed improvement
$6,976,922
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2020
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
8,600 SF
Lot
0.57 ac (24,999 SF)
Zoning code
LBPD29
APN
7269-017-013
UPID
US09-6841737
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBPD29 · Long Beach, CA
Zoning LBPD29 · permitted uses
LBPD29 · 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
MEDICAL BUILDING
Est. value
$5.9M
RESTAURANT
Est. value
$5.4M
MEDICAL BUILDING
RESTAURANT
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
2020
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Roxy Property Long Beach LLC
Entity
Mailing address
16631 CAROUSEL LN, HUNTINGTON BEACH, CA 92649-2117
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2022
$9,306,000
Roxy Property Long Beach LLC
Donald Devine
Grant Deed
$5,300,000 · Premier America Cu
Feb 18, 2021
$7,995,000
Donald Devine
Cross Development Fkc Long Beach Ll
Grant Deed
$596,000 · Premier America Cu
Jul 25, 2019
—
Cross Dev Fkc Long Beach LLC
—
Trustees Deed
related
$667,370 · First United Bk
Apr 5, 2018
$2,480,000
Cross Dev Fkc Long Beach LLC
Park,youn S & Yeun S
Grant Deed
$3,921,734 · First United Bk/grafton
Aug 31, 2015
—
Suk Park Youn
Suk Park Youn
Intrafamily Transfer
related
$1,400,000 · Orange County Business Bank
Mar 19, 1993
$700,000
Lee,robert W & Aurora
Universal Life C
Trustees Deed
$121,600 · Colonial National Bank
Mar 19, 1993
$683,992
Statewide Lenders Services INC
Caamano Bros INC
Trustees Deed
related
—
—
—
Youn S Park
—
Deed Of Trust
related
$150,000 · Nara Bank
—
—
Cross Dev Fkc Long Beach LLC
—
Loan Modification
related
$667,370 · First United Bk
—
—
Terry F Barkis
—
Deed Of Trust
related
$179,000 · Long Beach School Emp FCU
—
—
Youn S Park
—
Deed Of Trust
related
$150,000 · Hanmi Bank
—
—
Youn S Park
—
Deed Of Trust
related
$975,000 · Nara Bank
—
—
Youn S Park
—
Deed Of Trust
related
$50,000 · Nara Bank
—
—
Youn S Park
—
Deed Of Trust
related
$99,312 · Hanmi 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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