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Property profile & analytics
OFF-MARKET
Estimated value
$1,735,000
Medical Office Space
2777 Pacific Ave Long Beach, CA 90806-2625
Individually Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6354004
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1964
Construction
WOOD
Total area
14,356 SF
Lot
0.55 ac (24,044 SF)
Zoning code
LBCCA
APN
7206-019-025
UPID
US09-6354004
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
-
ANA Medical Corporation Medical Clinic
-
Natalya Ptashinsky Physician
-
Marked Beauty Bar Hair Salon Nail Salon
-
Heroes 1st Incorporated Advocacy Group Social Service Agency
-
Dr. lughaidh M. michi, DDS Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.74M
Owner & transaction history
Pacific Avenue Medical Plaza L · 18 yrs held
Pacific Avenue Medical Plaza L
since 2008
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.74M
Range $1.56M – $1.91M · ±10%
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
$121 / 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
$41,783
Tax year 2024
Assessed value
$2,961,847
Assessed 2024
Previous assessed
$2,961,847
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$1,287,757
Assessed improvement
$1,674,090
Applied tax rate
5.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Units
12
Total area
14,356 SF
Lot
0.55 ac (24,044 SF)
Zoning code
LBCCA
APN
7206-019-025
UPID
US09-6354004
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
Year built
1964
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
12
Lot
0.55 ac
Current owner
From public records · entity-resolved
Pacific Avenue Medical Plaza L
Individual
Mailing address
5255 W SUNSET BLVD, LOS ANGELES, CA 90027-5716
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2008
$2,300,000
Pacific Avenue Medical Plaza L
Phillips,margaret
Grant Deed
$1,450,000 · Standard Insurance Co
Sep 7, 2001
$1,450,000
Robert Phillips
Huntington Capital LLC
Grant Deed
$860,000 · Quaker City Bank
May 18, 1999
—
Huntington Capital
Alvarez,w
Grant Deed
related
—
Mar 23, 1999
$875,000
William Alvarez
Reames Trust
Grant Deed
$743,750 · Individual
Sep 17, 1992
—
Reames Philip W Tr
—
Deed Of Trust
related
—
—
—
Robert F Phillips
—
Deed Of Trust
related
$925,000 · Lockheed FCU
—
—
Philip W Reames
—
Deed Of Trust
related
$80,000 · Guiver Fmly Tr
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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