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Property profile & analytics
OFF-MARKET
Estimated value
$9,250,000
Retail space
1714 Clark Ave Long Beach, CA 90815-3801
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-0446594
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Construction
TILT-UP CONCRETE
Total area
19,582 SF
Lot
1.1 ac (47,871 SF)
Zoning code
LBCNA
APN
7240-001-022
UPID
US10-0446594
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
-
Beach City Deli & BBQ Food Market Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.06M
Blend (final)
Blend
$9.25M
Owner & transaction history
Concourse Buildings LLC · 2 yrs held
Concourse Buildings LLC
since 2024
Last sale
$9.3M
7 recorded transactions
Zoning & alternative use
LBCNA · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$13.4M
+143.3%
Restaurant
$12.2M
+122.0%
Neighborhood: shopping center
$11.6M
+110.4%
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
$9,250,000
ML approach
$9,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$13,385,000
Change: +143% · Conversion: Difficult
RESTAURANT
$12,215,000
Change: +122% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$11,575,000
Change: +110% · Conversion: Moderate
OFFICE BUILDING
$6,935,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,195,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$9.25M
Range $8.33M – $10.18M · ±10% · vs last sale $9.25M (Jul 1 2024)
Last sale anchor
$9.25M
Jul 1 2024
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
$472 / 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
$88,106
Tax year 2024
Assessed value
$6,604,526
Assessed 2024
Previous assessed
$6,604,526
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$2,187,291
Assessed improvement
$4,417,235
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
19,582 SF
Lot
1.1 ac (47,871 SF)
Zoning code
LBCNA
APN
7240-001-022
UPID
US10-0446594
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCNA · Long Beach, CA
Zoning LBCNA · permitted uses
LBCNA · 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
$13.4M
RESTAURANT
Est. value
$12.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.6M
OFFICE BUILDING
Est. value
$6.9M
AUTO REPAIR, GARAGE
Est. value
$6.2M
MEDICAL BUILDING
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.1 ac
Current owner
From public records · entity-resolved
Concourse Buildings LLC
Entity
Mailing address
1711 CHIMNEY OAKS LN, SAN DIMAS, CA 91773-1014
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Aug 30, 2024
—
Concourse Buildings LLC
—
Deed
related
$5,300,000 · Orange Countys Cu
Jul 1, 2024
$9,250,000
Concourse Buildings LLC
Outlook Resources INC
Grant Deed
$5,000,000 · T&c Exchange Accommodators INC
Feb 18, 2021
—
Outlook Resources INC
—
Deed
related
$5,850,000 · Bbcn Bank
Dec 14, 2020
—
Outlook Resources INC
Outlook Resources INC
Quit Claim Deed
related
—
Mar 14, 2019
—
Outlook Resources INC
Outlook Resources Clark Avenue Hold
Grant Deed
$3,000,000 · Wells Fargo Bank NA
Jul 26, 2018
$6,039,000
Outlook Rsrcs Clark Ave Hldgs
Parker,larry M Family T (pt)
Grant Deed
—
Oct 1, 2009
—
Parker Larry M Family Trust
Parker,larry M
Quit Claim Deed
related
—
Jul 29, 2009
—
Larry M Parker
Parker Larry M Fam Trust
Quit Claim Deed
related
$1,371,010 · Wells Fargo Bank NA
Jan 3, 2006
—
Parker Michael & D Fam Trust
Parker,michael C
Quit Claim Deed
related
—
Sep 16, 2005
—
Michael C Parker
Parker Michael C Trust
Quit Claim Deed
related
—
Jul 20, 1992
—
Parker Trust
Marco Plaza Ente
Grant Deed
$1,600,000 · Standard Insurance Co
Nov 16, 1972
—
—
—
Grant Deed
related
—
—
—
Parker Trust
—
Deed Of Trust
related
$1,560,000 · Wells Fargo Bank
—
—
Marco Plaza-ente
—
Deed Of Trust
related
$700,000 · Fmb Long Beach
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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