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Property profile & analytics
OFF-MARKET
Estimated value
$6,415,000
Medical Office Space
1703 Termino Ave, Long Beach, CA 90804-2124
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-7022592
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Construction
WOOD
Total area
23,215 SF
Lot
1.15 ac (49,982 SF)
Zoning code
LBCMR
APN
7253-014-009
UPID
US09-7022592
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
-
Cawrey Community Medical Center Medical Clinic
-
Fully Charmed Aesthetics Hair Salon Nail Salon
-
Aloha Sugar Hair Salon Nail Salon
-
John Wix Thomas Physician
-
Vikram S Patel Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.16M
CAP Approach
CAP
$5.44M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.42M
Owner & transaction history
Murata Investments LLC · 5 yrs held
Murata Investments LLC
since 2020
Last sale
$6.4M
6 recorded transactions
Zoning & alternative use
LBCMR · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$6,755,000
ML approach
$7,160,000
CAP Approach
CAP Return
Estimation
6%
$5,895,000
6.5%
$5,440,000
7%
$5,055,000
Blend value · Realmo final
$6.42M
Range $5.77M – $7.06M · ±10% · vs last sale $6.35M (Dec 29 2020)
Last sale anchor
$6.35M
Dec 29 2020
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
$276 / 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
$91,948
Tax year 2024
Assessed value
$6,742,914
Assessed 2024
Previous assessed
$6,742,914
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$2,922,566
Assessed improvement
$3,820,348
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
2
Units
1
Total area
23,215 SF
Lot
1.15 ac (49,982 SF)
Zoning code
LBCMR
APN
7253-014-009
UPID
US09-7022592
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCMR · Long Beach, CA
Zoning LBCMR · permitted uses
LBCMR · 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.
Building & site characteristics
From public records
Year built
1984
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Murata Investments LLC
Entity
Mailing address
1703 TERMINO AVE STE 107A, LONG BEACH, CA 90804-2126
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2022
—
Murata Investments LLC
—
Deed
related
$1,693,087 · Jesse J Chiang Etal
Dec 29, 2020
$6,354,000
Murata Investments LLC
Longan Pacific INC
Grant Deed
$1,833,288 · Longan Pacific INC
Nov 12, 1998
$3,530,000
Longan Pacific INC
Bridges,james C
Grant Deed
$2,471,000 · Woodmen World Life Insurance
Aug 6, 1992
—
William C Bridges
Bridges,sherry L
Quit Claim Deed
related
$2,350,000 · Omaha Woodmen Li
Dec 28, 1989
—
Bridges James C
Cawrey Community
Grant Deed
related
—
—
—
Longan Pacific INC
—
Deed Of Trust
related
$600,000 · 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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