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Property profile & analytics
FOR SALE
Commercial kitchens
1950 Santa Fe Ave Long Beach, CA 90810
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0186994
For Sale
1 / 7
$850,000
1950 Santa Fe Ave, Long Beach, CA 90810
View Listing →
Property profile
Verified
Property type
Commercial kitchens
Use group
TAKE-OUT RESTAURANT
Year built
1963
Construction
WOOD
Total area
758 SF
Lot
0.24 ac (10,542 SF)
Zoning code
LBCCA
APN
7431-027-032
UPID
US10-0186994
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$748k
Blend (final)
Blend
$700k
Owner & transaction history
Ednat Property LLC · 1 yrs held
Ednat Property LLC
since 2025
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
LBCCA · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Districts Established
Top alternative use upside
Medical building
$520,000
+9.6%
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
$605,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$475,000
Current use
MEDICAL BUILDING
$520,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$450,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $750k (Jan 27 2025)
Last sale anchor
$750k
Jan 27 2025
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
$923 / 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
$10,153
Tax year 2024
Assessed value
$676,260
Assessed 2024
Previous assessed
$676,260
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$650,250
Assessed improvement
$26,010
Applied tax rate
4.0000
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
Commercial kitchens
Use group
TAKE-OUT RESTAURANT
Status
For Sale
Year built
1963
Construction
WOOD
Heating
NONE
Stories
1
Total area
758 SF
Lot
0.24 ac (10,542 SF)
Zoning code
LBCCA
APN
7431-027-032
UPID
US10-0186994
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
RESTAURANT Current
Est. value
$475,000
MEDICAL BUILDING
Est. value
$520,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$450,000
RESTAURANT Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1963
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Ednat Property LLC
Entity
Mailing address
15902 HALLIBURTON RD #299, HACIENDA HEIGHTS, CA 91745-3500
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2025
$750,000
Ednat Property LLC
Restaurant Solutions Group LLC
Grant Deed
—
Jun 28, 2022
$650,000
Restaurant Solutions Group LLC
Household Consulting Group INC
Grant Deed
—
Apr 15, 2022
—
Household Consulting Group INC
—
Deed
related
$650,000 · Ernie Quijada
Nov 2, 2020
$640,000
Household Consulting Group INC
Michael Thav
Grant Deed
$576,000 · Michael & Jocelyn Thav
Oct 18, 2017
—
Miguel A Bautista
Bautista,maria G
Quit Claim Deed
related
—
Apr 29, 2002
—
M Bautista
Bautista,e
Quit Claim Deed
related
—
Dec 5, 1997
$260,000
Edelmo Bautista
Bachanos,nikos
Grant Deed
$105,000 · Individual
Oct 15, 1997
$13,567
Nikos Bachanos
Carrillo,sabino & Maria D
Trustees Deed
—
Jun 19, 1995
$165,000
Sabino Carrillo
Bachanos,nikos
Grant Deed
$141,360 · Seller
Dec 22, 1989
—
Bachanos Nikos
Bachanos Nikos A
Quit Claim Deed
related
—
—
—
Miguel A Bautista
—
Deed Of Trust
related
$100,000 · Wilshire State 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.
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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