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Property profile & analytics
FOR SALE
Investment properties
1861--1871 Pacific Ave Long Beach, CA 90806
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7429315
For Sale
1 / 33
$1,699,000
1861--1871 Pacific Ave, Long Beach, CA 90806
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1929
Construction
WOOD
Total area
6,267 SF
Lot
0.18 ac (8,000 SF)
Zoning code
LBCCA
APN
7209-022-010
UPID
US09-7429315
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
-
Baby's Nutrition Physician
-
Dolex Dollar Express Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.69M
CAP Approach
CAP
$1.34M
Comparable Approach
Comparable
$2.40M
Blend (final)
Blend
$1.56M
Owner & transaction history
Rtb Development LLC · 2 yrs held
Rtb Development LLC
since 2023
Last sale
$2.2M
6 recorded transactions
Zoning & alternative use
LBCCA · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Districts Established
Top alternative use upside
Office building
$2.2M
+47.6%
Auto repair, garage
$2.0M
+31.9%
Warehouse, storage
$1.7M
+15.8%
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
$1,555,000
ML approach
$1,690,000
CAP Approach
CAP Return
Estimation
6%
$1,450,000
6.5%
$1,340,000
7%
$1,240,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,505,000
Current use
OFFICE BUILDING
$2,220,000
Change: +48% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,980,000
Change: +32% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,740,000
Change: +16% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,600,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$1.56M
Range $1.40M – $1.71M · ±10% · vs last sale $2.20M (Dec 13 2023)
Last sale anchor
$2.20M
Dec 13 2023
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
$248 / 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
$29,269
Tax year 2024
Assessed value
$2,196,100
Assessed 2024
Previous assessed
$2,196,100
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$705,000
Assessed improvement
$1,491,100
Applied tax rate
11.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1929
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
8
Bathrooms
4
Total area
6,267 SF
Lot
0.18 ac (8,000 SF)
Zoning code
LBCCA
APN
7209-022-010
UPID
US09-7429315
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
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Districts Established
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.5M
OFFICE BUILDING
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1929
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
8
Bathrooms
4
Lot
0.18 ac
Current owner
From public records · entity-resolved
Rtb Development LLC
Entity
Mailing address
2650 WALNUT AVE STE R, TUSTIN, CA 92780-7034
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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 13, 2023
$2,195,000
Rtb Development LLC
Pacific Pch LLC
Grant Deed
$1,455,000 · Verus Residential Loanco LLC
Jan 5, 2022
$1,100,000
Pacific Pch LLC
Lydia A Jones
Grant Deed
$935,000 · Conventusllc
Apr 30, 2018
—
Jones,lydia A Trust
Johnson,lydia A J
Quit Claim Deed
related
—
Mar 19, 2013
—
Lydia A J Johnson
Jones,vincent W
Grant Deed
related
—
Dec 17, 2012
—
Lydia A J Johnson
Jones,vincent W
Grant Deed
related
—
Mar 12, 1993
—
Vincent W Jones
—
Deed Of Trust
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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