Back to Search
Property profile & analytics
FOR SALE
Warehouses
2330 East Cherry Industrial Cir Long Beach, CA 90805
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0446165
For Sale
1 / 2
$3,200,000
2330 East Cherry Industrial Cir, Long Beach, CA 90805
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1969
Construction
TILT-UP CONCRETE
Total area
10,112 SF
Lot
0.98 ac (42,551 SF)
Zoning code
LBIM
APN
7157-014-032
UPID
US10-0446165
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
-
Matrix Environmental, Inc. Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.20M
CAP Approach
CAP
$2.21M
Comparable Approach
Comparable
$4.42M
Blend (final)
Blend
$3.20M
Owner & transaction history
Tech Center Equities I LLC · 2 yrs held
Tech Center Equities I LLC
since 2024
Last sale
$3.2M
6 recorded transactions
Zoning & alternative use
LBIM · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.6M
+27.4%
Auto repair, garage
$3.2M
+13.8%
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
$3,200,000
ML approach
$3,200,000
CAP Approach
CAP Return
Estimation
6%
$2,390,000
6.5%
$2,210,000
7%
$2,050,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,810,000
Current use
OFFICE BUILDING
$3,580,000
Change: +27% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,200,000
Change: +14% · Conversion: Easy
RETAIL STORES
$2,625,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$3.20M
Range $2.88M – $3.52M · ±10% · vs last sale $3.20M (May 3 2024)
Last sale anchor
$3.20M
May 3 2024
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
$316 / 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
$40,113
Tax year 2024
Assessed value
$3,109,383
Assessed 2024
Previous assessed
$3,109,383
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$2,251,623
Assessed improvement
$857,760
Applied tax rate
7.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
10,112 SF
Lot
0.98 ac (42,551 SF)
Zoning code
LBIM
APN
7157-014-032
UPID
US10-0446165
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBIM · Long Beach, CA
Zoning LBIM · permitted uses
LBIM · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.8M
OFFICE BUILDING
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.2M
RETAIL STORES
Est. value
$2.6M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Tech Center Equities I LLC
Entity
Free & Clear · 2 yrs held
Mailing address
16787 BCH BLVD #308, HUNTINGTON BEACH, CA 92647-4848
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
$3,200,000
Tech Center Equities I LLC
2330 Cherry LLC
Grant Deed
—
Mar 1, 2021
—
2330 Cherry LLC
—
Deed
related
$1,870,329 · Nano Banc
Jun 4, 2020
$2,900,000
2330 Cherry LLC
Sst Properties
Grant Deed
$185,000 · Nano Banc
Dec 14, 2001
—
Sst Properties
—
Deed Of Trust
related
$4,290,154 · Ids Life Insurance Co
Apr 17, 1996
—
Sst Properties
—
Deed Of Trust
related
$4,020,000 · Wells Fargo Bank
—
—
Sst Properties
—
Deed Of Trust
related
$217,702 · Riversource Life Insurance
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?”
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.
