New search
Property profile & analytics
OFF-MARKET
Office buildings
2240 Atlantic Ave, Long Beach, CA 90806-4428
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-6956589
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1956
Construction
WOOD
Total area
2,040 SF
Lot
0.11 ac (4,822 SF)
Zoning code
LBPD25
APN
7211-012-006
UPID
US09-6956589
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Akinsanya D Kambon · 1 yrs held
Akinsanya D Kambon
since 2024
7 recorded transactions
Zoning & alternative use
LBPD25 · 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
$2,345
Tax year 2024
Assessed value
$322,041
Assessed 2024
Previous assessed
$322,041
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$183,961
Assessed improvement
$138,080
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
2,040 SF
Lot
0.11 ac (4,822 SF)
Zoning code
LBPD25
APN
7211-012-006
UPID
US09-6956589
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBPD25 · Long Beach, CA
Zoning LBPD25 · permitted uses
LBPD25 · 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
1956
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Akinsanya D Kambon
Individual
Mailing address
2240 ATLANTIC AVE, LONG BEACH, CA 90806-4428
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2024
—
Akinsanya D Kambon
Akinsanya D Kambon
Deed
related
—
May 15, 1997
—
Akinsanya D Kambon
Kambon,a
Quit Claim Deed
related
—
Oct 15, 1996
—
Akinsanya Kambon
—
Grant Deed
related
$52,002 · Long Beach City (ca)
May 15, 1996
—
Akinsanya Kambon
Kambon,a
Quit Claim Deed
related
—
Mar 31, 1989
—
Kambon Akinsanya
Hoover Mary
Quit Claim Deed
related
—
—
—
Kambon Akinsanya
—
Deed Of Trust
related
$3,000 · Cal West Home Lo
—
—
Kambon Akinsanya
—
Deed Of Trust
related
$75,000 · Individual
—
—
Akinsanya D Kambon
—
Deed Of Trust
related
$91,200 · Lbs Financial Cu
—
—
Akinsanya D Kambon
—
Deed Of Trust
related
$25,000 · Long Beach City Mortgage Inv
—
—
Kambon Akinsanya
—
Deed Of Trust
related
—
—
—
Kambon Akinsanya
—
Deed Of Trust
related
—
—
—
Akinsanya Kambon
—
Deed Of Trust
related
$91,200 · Long Beach School Emp FCU
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2240 Atlantic Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
