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Property profile & analytics
OFF-MARKET
Turn key restaurants
1720 Broadway Long Beach, CA 90802-3709
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0447430
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1918
Construction
WOOD
Total area
2,259 SF
Lot
0.06 ac (2,557 SF)
Zoning code
LBCNP
APN
7265-019-039
UPID
US10-0447430
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
-
FUEL Bar Bar & Pub
-
Cardtronics ATM Atm
-
Mineshaft Bar & Pub Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Casto Ents LLC · 11 yrs held
Casto Ents LLC
since 2014
4 recorded transactions
Zoning & alternative use
LBCNP · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Districts Established
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,404
Tax year 2024
Assessed value
$156,997
Assessed 2024
Previous assessed
$156,997
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$93,691
Assessed improvement
$63,306
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1918
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Total area
2,259 SF
Lot
0.06 ac (2,557 SF)
Zoning code
LBCNP
APN
7265-019-039
UPID
US10-0447430
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCNP · Long Beach, CAZoning LBCNP · permitted uses
LBCNP · Long Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Districts Established
Building & site characteristics
From public records
Year built
1918
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Casto Ents LLC
Entity
Free & Clear · 11 yrs held
Mailing address
1950 ROSALINE AVE STE C, REDDING, CA 96001-2543
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2022
—
Casto Enterprises LLC
—
Deed
related
$50,000 · Danielle Pratt Etux Trust
Nov 4, 2014
—
Casto Ents LLC
Krebs Family Trust
Grant Deed
—
Dec 18, 2002
—
William R Davis
Davis,william R Tr
Quit Claim Deed
related
—
Apr 3, 1990
$133,000
Hoffman Neil W
Yarte
Grant Deed
$119,700 · American Savings 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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