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Property profile & analytics
FOR LEASE
Warehouses
2400 E Artesia Blvd Long Beach, CA 90805
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9194790
For Lease
1 / 4
$19,990,000
2400 E Artesia Blvd, Long Beach, CA 90805
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2021
Construction
TILT-UP CONCRETE
Total area
395,436 SF
Lot
17.22 ac (750,225 SF)
Zoning code
LBMG
APN
7119-002-007
UPID
US09-9194790
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
-
Bridge Point Long Beach Construction Company General Contractor
-
US Post Office Long Beach STC Post Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.99M
Owner & transaction history
Bridge Point Long Beach LLC · 8 yrs held
Bridge Point Long Beach LLC
since 2018
6 recorded transactions
Zoning & alternative use
LBMG · 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
$51 / 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
$1,093,532
Tax year 2024
Assessed value
$83,821,157
Assessed 2024
Previous assessed
$83,821,157
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$16,267,985
Assessed improvement
$67,553,172
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
2021
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
395,436 SF
Lot
17.22 ac (750,225 SF)
Zoning code
LBMG
APN
7119-002-007
UPID
US09-9194790
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBMG · Long Beach, CA
Zoning LBMG · permitted uses
LBMG · 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
2021
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
17.22 ac
Current owner
From public records · entity-resolved
Bridge Point Long Beach LLC
Entity
Mailing address
1000 W IRVING PARK RD #150, ITASCA, IL 60143-2026
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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 4, 2020
—
Bridge Point Long Beach LLC
—
Deed
related
$40,000,000 · Cibc Bank USA
Jul 17, 2018
$19,375,000
Bridge Point Long Beach LLC
Edgington Oil Co LLC
Grant Deed
—
Feb 9, 2018
—
Bridge Acquisition LLC
Edgington Oil Co LLC
Grant Deed
related
—
Nov 26, 2012
—
Edgington Oil Co LLC
—
Deed Of Trust
related
$450,000,000 · Credit Suisse Ag
Mar 2, 2007
—
Edgington Oil Co LLC
—
Deed Of Trust
related
$300,000,000 · Bank Of America
Oct 3, 2006
—
Eoc Acquisition LLC
—
Deed Of Trust
related
$550,000,000 · Credit Suisse
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?”
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