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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Investment properties
1600 Loma Ave Long Beach, CA 90804-2747
Individually Owned
Absentee Owner
Free & Clear
Property ID
US09-6797411
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1922
Construction
WOOD
Total area
2,625 SF
Lot
0.14 ac (6,050 SF)
Zoning code
LBR2N
APN
7253-004-006
UPID
US09-6797411
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
-
Loma Mini Market Grocery & Convenience Store Specialty Food Shop
-
Bitcoin Depot | Bitcoin ATM Atm Crypto Atm
-
Bitcoin Depot ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$705k
Comparable Approach
Comparable
$936k
Blend (final)
Blend
$860k
Owner & transaction history
Wan Lau Shuk
Wan Lau Shuk
since 2025
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
LBR2N · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$930,000
+38.4%
Auto repair, garage
$830,000
+23.7%
Warehouse, storage
$730,000
+8.6%
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%
$765,000
6.5%
$705,000
7%
$655,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$670,000
Current use
OFFICE BUILDING
$930,000
Change: +38% · Conversion: Easy
AUTO REPAIR, GARAGE
$830,000
Change: +24% · Conversion: Difficult
WAREHOUSE, STORAGE
$730,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$585,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $900k (Jun 2 2025)
Last sale anchor
$900k
Jun 2 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
$328 / 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
$8,912
Tax year 2024
Assessed value
$641,185
Assessed 2024
Previous assessed
$641,185
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$225,805
Assessed improvement
$415,380
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
Off-Market
Year built
1922
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
YES
Buildings
3
Stories
1
Units
3
Bathrooms
2
Total area
2,625 SF
Lot
0.14 ac (6,050 SF)
Zoning code
LBR2N
APN
7253-004-006
UPID
US09-6797411
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBR2N · Long Beach, CA
Zoning LBR2N · permitted uses
LBR2N · 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
$670,000
OFFICE BUILDING
Est. value
$930,000
AUTO REPAIR, GARAGE
Est. value
$830,000
WAREHOUSE, STORAGE
Est. value
$730,000
RETAIL STORES
Est. value
$585,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1922
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Wan Lau Shuk
Individual
Free & Clear · 0 yrs held
Mailing address
566 WILLOW SPGS LN, GLENDORA, CA 91741-2974
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2025
$900,000
Wan Lau Shuk
Chuen Lau
Grant Deed
—
Sep 2, 2025
—
Wan Lau Shuk
Ting San Chu
Deed
related
$405,000 · Chuen Lau Etux
May 10, 2022
—
Chuen Lau
—
Deed
related
$700,000 · Ctbc Bank Corp USA
Dec 20, 2016
—
Chuen Lau
—
Deed
related
$500,000 · Cathay Bank
Nov 26, 2007
—
Chuen Lau
Chu,hing L
Quit Claim Deed
related
$500,000 · Cathay Bank
Oct 31, 2003
$460,000
Hing L Chu
Oleary,kenneth J & Kathlene J
Grant Deed
$252,000 · Cathay Bank
Apr 14, 1999
$245,281
Sontag Trust
Roberts,alexander A
Grant Deed
—
Nov 28, 1995
—
Sontag,robert & Marian Trustees
Sontag,r & M
Quit Claim Deed
related
—
Feb 13, 1995
—
Gerald L Wallace
Wallace,r S
Quit Claim Deed
related
—
Dec 30, 1994
$107,000
Robert Sontag
Wallace,gerald L
Grant Deed
related
—
May 25, 1994
$21,000
Gerald L Wallace
Wong,vincent
Trustees Deed
—
Mar 29, 1990
$266,500
Vincent Wong
Chun Yeh H
Grant Deed
$186,000 · International Bank
—
—
Vincent Wong
—
Deed Of Trust
related
$34,200 · Capital Access G
—
—
Vincent Wong
—
Deed Of Trust
related
$50,000 · Individual
—
—
Kenneth J O'leary
—
Deed Of Trust
related
$247,000 · Sib Mortgage Corp
—
—
Sontag Trust
—
Deed Of Trust
related
$125,000 · Altman Trust
—
—
Robert Sontag
—
Deed Of Trust
related
$152,000 · International Bank
—
—
Vincent Wong
—
Deed Of Trust
related
$25,000 · 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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