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Property profile & analytics
FOR SALE
Commercial land
5939-1/2 Cherry Ave Long Beach, CA 90815
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-9296475
For Sale
1 / 8
$275,000
5939-1/2 Cherry Ave, Long Beach, CA 90815
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.11 ac (4,807 SF)
Zoning code
LBCCA
APN
7123-005-005
UPID
US09-9296475
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
Sc Pacific Venture LP
Sc Pacific Venture LP
since 2026
Last sale
$425,000
7 recorded transactions
Zoning & alternative use
LBCCA · 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
$2,844
Tax year 2024
Assessed value
$227,841
Assessed 2024
Previous assessed
$227,841
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$227,841
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 land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
0.11 ac (4,807 SF)
Zoning code
LBCCA
APN
7123-005-005
UPID
US09-9296475
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCCA · Long Beach, CA
Zoning 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
Long Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
Sc Pacific Venture LP
Entity
Free & Clear · 0 yrs held
Mailing address
9663 SANTA MONICA BLVD, BEVERLY HILLS, CA 90210-4303
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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 29, 2026
$500
Sc Pacific Venture LP
Clear Westview LP
Grant Deed
—
Jan 9, 2026
$150,100
Clear Westview LP
Topless Maids INC
Deed
related
—
Mar 6, 2020
$425,000
Topless Maids INC
Randolph Realty LLC
Grant Deed
—
Mar 15, 2017
$300,000
Randolph Realty LLC
Fasack Invs LLC
Grant Deed
—
May 6, 2016
$270,144
Fasack Investments LLC
Sbs Trust Deet Network|ituah,alfred
Trustees Deed
related
—
Sep 27, 2007
—
Peter O Irumundomon
Ituah,alfred
Grant Deed
—
Sep 12, 2007
$350,000
Alfred Ituah
Alba,sergio H & Maria G
Grant Deed
$227,500 · Fasack Investments LLC
Sep 11, 2007
$350,000
Alfred Ituah
Alba,sergio H & Maria G
Grant Deed
$227,500 · Fasack Investments LLC
Jul 15, 2005
$315,000
Sergio H Alba
Grillo,andrew
Grant Deed
$157,500 · Financial Freedom Loans INC
Mar 12, 2003
—
Andrew Grillo
Grillo,andrew
Quit Claim Deed
related
—
Feb 22, 2000
$80,000
Wayne Sewart
Bisnar,florence E
Grant Deed
$40,000 · Seller
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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