1740 Willow St Long Beach, CA 90810-3034
Entity Owned
Absentee Owner
Free & Clear
Estimated value (blended)
$780k
Range $702k – $858k (±10%)
Implied cap rate
2.30%
In-place · NOI ÷ last sale
Property ID
US10-0201402
Property summary
AI-generated overview
This prime Long Beach retail center, located at 1740 W Willow St, presents a compelling value-add investment opportunity. The property, situated on a 10,654 square foot lot, encompasses a 3,018 square foot building with a multi-tenant configuration. Currently operating at 50% occupancy, the center offers significant upside potential for an owner-user or investor. The property features a convenience store and storefront subtypes, with a gross lease structure. Built in 1999, the center is zoned LBCCA and benefits from high traffic counts due to its prominent Willow Street location and proximity (0.4 miles) to the 710 Freeway. The asking price is $1,250,000, translating to $414.18 per square foot and $126.70 per square foot for the land. The pro-forma net operating income (NOI) is $89,280, yielding a 7.14% pro-forma capitalization rate. The property's APN is 7402-004-001, 7402-004-002, and 7402-004-003. With three vacant units, this property offers a chance to increase occupancy and rental income. The presence of a neighboring Popeyes restaurant further enhances the property's desirability and potential for success. This is an exceptional opportunity to acquire a well-located retail center in a thriving Long Beach market.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1999
Construction
TILT-UP CONCRETE
Total area
1,020 SF
Lot
0.08 ac (3,542 SF)
Zoning code
LBCCA
APN
7402-004-001
UPID
US10-0201402
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
(Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$895k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$780k
Owner & transaction history
since 2026
Last sale
$965,000
7 recorded transactions
Zoning & alternative use
LBCCA · Long Beach, CA
Top alternative use upside
Medical building
$695,000
+184.9%
Neighborhood: shopping center
$605,000
+146.4%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 29 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$780k
Value range
$702k – $858k
±10% around blend
Estimated value / SF
$765 / SF
Confidence
High
29 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
$702k
blend $780k
$858k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,020 SF
Lot area
0.08 ac
Year built
1999
Stories
1
APN
7402-004-001
Assessed value
$327,420
Annual tax
$4,458
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$779k
Weighted, 20 comps · high confidence
Evidence
29 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.8 mi away · 902 SF
7.2 mi away · 900 SF
7.2 mi away · 900 SF
11.2 mi away · 1,154 SF
11.6 mi away · 1,260 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$780k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 180 sales
$240
+219%
County 2504 sales
$309
+147%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $765/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+185%
vs current-use indication
Neighborhood: Shopping Center
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 29 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
2.30%
Implied, in-place cap rate for this investment properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$68k *
Last sale · Apr 2025
$965k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.94M
Move the market yield to see immediate price impact.
Value / SF
$2,879
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
1.80%2.30%2.80%
$61k
$3.38M
$2.64M
$2.17M
$68k
$3.75M
$2.94M
$2.41M
$74k
$4.13M
$3.23M
$2.65M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
29 found
High confidence · county-verified
Closest comparable
$400k
5.9 mi · Feb 2026 · $346/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,458
Tax year 2024
Assessed value
$327,420
Assessed 2024
Previous assessed
$327,420
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$220,320
Assessed improvement
$107,100
Applied tax rate
5.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
1,020 SF
Lot
0.08 ac (3,542 SF)
Zoning code
LBCCA
APN
7402-004-001
UPID
US10-0201402
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCCA · Long Beach, CAZoning LBCCA · permitted uses
LBCCA · Long Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.08 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LBCCA
Jurisdiction
Long Beach, CA
Recorded code
LBCCA
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LBCCA in Long Beach, CA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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