Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1770 Pne Ave Long Beach, CA 90813-1824

    • Motels
    • 3,628 SF
    • 0.35 lot acres
    OFF-MARKET
    Last Sale
    Nov 03, 2023
    Value Estimations
    $375,000
    Show details
    Cap Rate Potential
    5.9%
    Motels
    Location Intelligence
    Property ID
    US09-7230981
    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

    • Pine Ave Inn / Motel

    Property Details for 1770 Pne Ave

    Year built
    1947
    Construction
    WOOD
    Lot size
    0.35 lot acres
    Property size
    3,628 SF
    Zone code
    LBCHW
    Property type
    Motels
    APN
    7269-010-040
    APU
    7269010040

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $380,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $380,000
      6.5%
      $350,000
      7%
      $325,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $302,000
      Market price range: $123k - $303k

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

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.192
    Latitude
    33.7894
    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
    $17,029
    $820,233
    $382,774
    $1,203,007
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $430,000
      5,557 SF

      1047 Pacific Ave

      MOTEL • 5,557 SF
      1047 Pacific Ave, Long Beach, CA 90813
      View Details
    • Value Estimation
      $1,655,000
      18,124 SF

      1063 7th St

      MOTEL • 18,124 SF
      1063 7th St, Long Beach, CA 90813-4801
      View Details
    • Value Estimation
      $320,000
      2,082 SF

      1622 Esther St

      MOTEL • 2,082 SF
      1622 Esther St, Long Beach, CA 90813
      View Details
    • Value Estimation
      $325,000
      2,432 SF

      1626 Esther St

      MOTEL • 2,432 SF
      1626 Esther St, Long Beach, CA 90813-1231
      View Details
    • Value Estimation
      $330,000
      5,169 SF

      849 7th St

      MOTEL • 5,169 SF
      849 7th St, Long Beach, CA 90813-4754
      View Details
    • Value Estimation
      $435,000
      7,576 SF

      1063 Anaheim St

      MOTEL • 7,576 SF
      1063 Anaheim St, Long Beach, CA 90813-3628
      View Details

    Similar Nearby for Sale

    • $3,995,000
      5,557 SF

      Long Beach Hospitality Property

      Downtown Long Beach motel with development potential.
      1047 Pacific Ave, Long Beach, CA 90813
      View Details
    • $749,200
      2,047 SF

      Long Beach Medical/Residential Opportunity

      Medical office or residential space in Long Beach for sale.
      836 Atlantic Ave, Long Beach, CA 90813
      View Details
    • $1,444,860
      6,282 SF

      Medical Office Building For Sale

      Medical office building available for sale in Long Beach.
      830 Atlantic Ave, Long Beach, CA 90813
      View Details
    • $5,999,000
      35,565 SF

      Long Beach Redevelopment Opportunity

      Land for redevelopment with industrial zoning near Long Beach ports.
      2144-2164 W 15Th St, Long Beach, CA 90813
      View Details
    • Contact for pricing
      21,759 SF

      Industrial Property with Multiple Buildings

      Three buildings on 1.79 acres in Long Beach.
      1450 Santa Fe Ave, Long Beach, CA 90813
      View Details
    • $1,575,000
      4,051 SF

      Long Beach Multifamily Investment Opportunity

      Nine-unit multifamily property in Long Beach, remodeled in 2018.
      1430 Linden Ave, Long Beach, CA 90813
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Property on Atlantic Avenue

      Fully leased retail property in Long Beach, California.
      4374-4378 Atlantic Ave, Long Beach, CA 90813
      View Details
    • $1.00 SF/Yr
      79,940 SF

      Long Beach Warehouse Space Available

      79,940 sqft warehouse space for lease in Long Beach.
      727 E Anaheim St, Long Beach, CA 90813
      View Details
    • $1.39 SF/Yr
      5,005 SF

      Long Beach Warehouse Sublease Available

      5,005 SF warehouse space with office available for sublease.
      1727 Daisy Ave, Long Beach, CA 90813
      View Details
    • $1.20 SF/Yr
      4,500 SF

      Long Beach Warehouse Space Available

      Warehouse space with offices, easy access to major freeways.
      701-733 W Anaheim St, Long Beach, CA 90813
      View Details
    • $2 SF/Yr
      1,827 SF

      Signal Hill Office Space Available

      Office space for rent in Signal Hill, California.
      2525 Cherry Ave, Signal Hill, CA 90813
      View Details
    • Contact for pricing
      45,943 SF

      Industrial Facility Near 710 Freeway

      Modern industrial facility with 32' clearance near major transportation.
      1617 San Francisco Ave, 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.
    1770 Pne Ave
    Long Beach, CA 90813-1824
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.