Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1611 Long Bch Blvd Long Beach, CA 90813-1929

    • Grocery and convenience stores
    • 2,898 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0450054
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grassland Landscape and Lawncare / Landscaping / General Contractor
    • Dos Por Uno Pizzeria / Restaurant
    • Eddie Junior Market / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
    • Long Beach 16 Liquor / (Bike/Boat/Book/etc) Store / Wine and Liquor Store

    Property Details for 1611 Long Bch Blvd

    Year built
    1992
    Construction
    WOOD
    Lot size
    0.17 lot acres
    Property size
    2,898 SF
    Zone code
    LBPD29
    Property type
    Grocery and convenience stores
    APN
    7269-018-004
    APU
    7269018004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.19
    Latitude
    33.7874
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,199
    $146,244
    $195,942
    $342,186
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,075,000
      7,194 SF

      1318 Pne Ave

      GROCERY, SUPERMARKET • 7,194 SF
      1318 Pne Ave, Long Beach, CA 90813-3125
      View Details
    • Value Estimation
      $4,020,000
      23,100 SF

      1340 7th St

      GROCERY, SUPERMARKET • 23,100 SF
      1340 7th St, Long Beach, CA 90813-4905
      View Details
    • Value Estimation
      $540,000
      4,950 SF

      1473 Atlantic Ave

      GROCERY, SUPERMARKET • 4,950 SF
      1473 Atlantic Ave, Long Beach, CA 90813-2008
      View Details
    • Value Estimation
      $4,355,000
      34,108 SF

      1033 Long Bch Blvd

      GROCERY, SUPERMARKET • 34,108 SF
      1033 Long Bch Blvd, Long Beach, CA 90813-3220
      View Details
    • Value Estimation
      $3,100,000
      6,690 SF

      1934 Anaheim St

      GROCERY, SUPERMARKET • 6,690 SF
      1934 Anaheim St, Long Beach, CA 90813-3908
      View Details
    • Value Estimation
      $655,000
      3,536 SF

      1429 Cherry Ave

      GROCERY, SUPERMARKET • 3,536 SF
      1429 Cherry Ave, Long Beach, CA 90813-2513
      View Details

    Similar Nearby for Sale

    • $1,400,000
      3,879 SF

      Long Beach Mixed-Use Commercial Property

      Mixed-use commercial property in Long Beach with high cash flow potential.
      1100 E 10Th St, Long Beach, CA 90813
      View Details
    • $1,056,000
      3,536 SF

      Long Beach Retail Opportunity

      Freestanding building with modified gross lease and extension options.
      1429 Cherry Ave, Long Beach, CA 90813
      View Details
    • $1,225,000
      1,855 SF

      Long Beach Retail Building For Sale

      Three-unit commercial building with high ceilings and vintage sign.
      1736 E 7Th St, Long Beach, CA 90813
      View Details
    • New
      $1,250,000
      2,270 SF

      Long Beach Retail/Office Space

      2270 SF retail/office space in high-traffic Long Beach corridor.
      1598 Long Beach Blvd, Long Beach, CA 90813
      View Details
    • New
      $1,100,000
      2,040 SF

      Prime Retail Space in Long Beach

      Versatile retail/office space with high visibility in Long Beach.
      1598 Long Beach Blvd, Long Beach, CA 90813
      View Details
    • Contact for pricing
      6,684 SF

      Retail Building with Basement, Mezzanine

      Retail building featuring extra basement and mezzanine spaces.
      701 Pine Ave, Long Beach, CA 90813
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,600 SF

      Long Beach Blvd Office/Retail Space

      Creative office or retail space with outdoor patio.
      1635 Long Beach Blvd, Long Beach, CA 90813
      View Details
    • Contact for pricing

      Prime Retail Space in Long Beach

      Retail space in the heart of Long Beach available for lease.
      1464 Cherry Ave, Long Beach, CA 90813
      View Details
    • Contact for pricing

      Fully Leased Retail Property

      Retail property in Long Beach, CA, currently 100% leased.
      3908-3928 Atlantic Ave, Long Beach, CA 90813
      View Details
    • $63 SF/Yr
      10,418 SF

      Prime Long Beach Restaurant Space

      High-traffic location, newly renovated, various sizes.
      222 10Th St, Long Beach, CA 90813
      View Details
    • Contact for pricing
      1 SF

      Long Beach Commercial Kitchen Space

      Ghost kitchen, 250 sq ft, prime location.
      1388 Daisy Ave, Long Beach, CA 90813
      View Details
    • $2.00 SF/Yr
      1,532 SF

      Restaurant Space Available For Rent

      Ground floor restaurant space with kitchen hood and grease interceptor.
      622-628 E Anaheim St, Long Beach, CA 90813
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1611 Long Bch Blvd
    Long Beach, CA 90813-1929
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!