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Property profile & analytics
OFF-MARKET
Retail space
2073 Pacific Ave Long Beach, CA 90806-4609
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0417797
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Construction
WOOD
Total area
4,000 SF
Lot
0.11 ac (4,700 SF)
Zoning code
LBCNP
APN
7209-024-018
UPID
US10-0417797
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
-
Pacific Discount Store Clothing Store
-
Dreamcatcher apparel Clothing Store
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
Nancy L Downs · 1 yrs held
Nancy L Downs
since 2024
Last sale
$135,000
7 recorded transactions
Zoning & alternative use
LBCNP · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$3,224
Tax year 2024
Assessed value
$199,411
Assessed 2024
Previous assessed
$199,411
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$66,467
Assessed improvement
$132,944
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1940
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,000 SF
Lot
0.11 ac (4,700 SF)
Zoning code
LBCNP
APN
7209-024-018
UPID
US10-0417797
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCNP · Long Beach, CA
Zoning 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
Long Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Nancy L Downs
Individual
Mailing address
850 E OCEAN BLVD UNIT B4, LONG BEACH, CA 90802-5446
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2024
—
Nancy L Downs
Louis A Chitty III
Intrafamily Transfer
related
—
Sep 23, 2011
—
Louis A Chitty III
Louis A Chitty III
Intrafamily Transfer
related
$250,000 · Farmers & Merchants Bank Of Long Be
Jun 3, 2003
—
Louis Chitty
Chitty,nancy L & Louis A
Quit Claim Deed
related
—
Nov 16, 2000
—
Nancy Downs-chitty
Downs,n L
Quit Claim Deed
related
—
Oct 12, 2000
$135,000
Downs,nancy L
Josephson,jackie
Trustees Deed
$81,000 · Seller
Oct 12, 2000
—
Downs,nancy L
Chitty,l A
Trustees Deed
related
—
Jul 10, 2000
$112,514
Jackie Josephson
Yim,chhoy M
Trustees Deed
—
Jun 28, 1999
—
Chhoy M Yim
Choeum,s
Grant Deed
related
—
Feb 9, 1999
—
Sary Choeun
Roeum,s
Quit Claim Deed
related
—
Feb 9, 1999
$145,000
Choeun,sary
Fultheim,gary
Trustees Deed
—
Dec 31, 1996
$81,000
Gary Fultheim
First Federal Bank Ca
Grant Deed
$64,800 · First Federal Bank Ca
Jan 16, 1996
$138,313
First Federal Bank Ca
Simpson Trust
Trustees Deed
related
—
May 9, 1989
$230,000
Simpson Leon E&l
Tde
Trustees Deed
$161,000 · First Federal Savings & Loan
May 9, 1989
$82,000
Tde
Lamping John W
Trustees Deed
related
—
—
—
Simpson Trust
—
Deed Of Trust
related
$91,000 · Century Thrift & Loan
—
—
Chhoy M Yim
—
Deed Of Trust
related
$80,000 · Individual
—
—
Nancy Chitty
—
Deed Of Trust
related
$122,000 · Farmers & Merchants Bk Lng Bch
—
—
Nancy D Chitty
—
Deed Of Trust
related
$40,000 · Farmers & Merchants Bk Lng Bch
—
—
Simpson Trust
—
Deed Of Trust
related
$50,000 · Century Thrift & Loan
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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