Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2850 29th St Long Beach, CA 90806-2305

    • Manufacturing properties
    • 22,600 SF
    • 1.06 lot acres
    OFF-MARKET
    Value Estimations
    $3,270,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6685981
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • eTreem / Accounting Software Company
    • ACOM Solutions / Business To Business Service
    • A & E COMPUTER, INC. / Tech Support Center / (Bike/Boat/Book/etc) Store

    Property Details for 2850 29th St

    Year built
    1964
    Construction
    TILT-UP CONCRETE
    Lot size
    1.06 lot acres
    Property size
    22,600 SF
    Zone code
    LBIM
    Property type
    Manufacturing properties
    APN
    7212-022-010
    APU
    7212022010

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,610,000
      6.5%
      $4,255,000
      7%
      $3,950,000

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,430,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.158
    Latitude
    33.8086
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $48,582
    $1,741,721
    $1,875,700
    $3,617,421
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,735,000
      24,000 SF

      3400 Airport Way

      MANUFACTURING (LIGHT) • 24,000 SF
      3400 Airport Way, Long Beach, CA 90806-2412
      View Details
    • Value Estimation
      $2,045,000
      12,496 SF

      2679 Redondo Ave

      MANUFACTURING (LIGHT) • 12,496 SF
      2679 Redondo Ave, Long Beach, CA 90806-2324
      View Details
    • Value Estimation
      $11,575,000
      135,578 SF

      3333 Airport Way

      MANUFACTURING (LIGHT) • 135,578 SF
      3333 Airport Way, Long Beach, CA 90806-2409
      View Details
    • Value Estimation
      $1,045,000
      11,600 SF

      2104 Orange Ave

      MANUFACTURING (LIGHT) • 11,600 SF
      2104 Orange Ave, Long Beach, CA 90806-5713
      View Details
    • Value Estimation
      $2,780,000
      21,300 SF

      2842 Temple Ave

      MANUFACTURING (LIGHT) • 21,300 SF
      2842 Temple Ave, Long Beach, CA 90806-2213
      View Details
    • Value Estimation
      $2,015,000
      12,440 SF

      3310 Airport Way

      MANUFACTURING (LIGHT) • 12,440 SF
      3310 Airport Way, Long Beach, CA 90806-2410
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      27,256 SF

      Industrial Showroom on Spring Street

      High-profile industrial showroom with ample parking and freeway access.
      1827 E Spring St, Long Beach, CA 90806
      View Details
    • $715,000
      1,300 SF

      Updated Duplex in Long Beach

      Income-producing duplex with updated interiors and flexible owner-occupancy options.
      1030 E 21St St, Long Beach, CA 90806
      View Details
    • $1,250,000
      Pending

      Four-Unit Income Property in Wrigley

      Four units in Long Beach with steady income stream.
      1974 Henderson Ave, Long Beach, CA 90806
      View Details
    • $1,150,000

      Mixed-Use Corner Property in Long Beach

      Mixed-use property in Long Beach with 3,284 SF improvements.
      2338 Pacific Ave, Long Beach, CA 90806
      View Details
    • $1,349,000
      4,008 SF

      Long Beach Multifamily Investment Opportunity

      Six-unit Long Beach multifamily property, not subject to local rent control.
      925 E 19Th St, Long Beach, CA 90806
      View Details
    • $1,049,000

      Long Beach Specialty Property

      Specialty property available for sale in Long Beach, CA.
      2310 Elm Ave, Long Beach, CA 90806
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,102 SF

      Long Beach Industrial Facility

      9,102 SF Manufacturing/Warehouse
      1700 Hayes Ave, Long Beach, CA 90806
      View Details
    • $12 SF/Yr
      12,432 SF

      Long Beach Office Space - 12,432 SF

      Prime Long Beach office/industrial space available.
      2700 Atlantic Ave, Long Beach, CA 90806
      View Details
    • Contact for pricing
      29,799 SF

      Functional Warehouse with Freeway Frontage

      Warehouse with truckwell, ground level loading, and heavy power.
      3090 E Airport Way, Long Beach, CA 90806
      View Details
    • Contact for pricing
      14,432 SF

      High Image Industrial Facility

      Well-maintained industrial facility in Signal Hill, near Long Beach Airport.
      1100 E Willow St, Signal Hill, CA 90806
      View Details
    • Contact for pricing
      2,460 SF

      Signal Hill Industrial Building For Rent

      Freestanding industrial building with secured yard in Signal Hill.
      1101 E 25Th St, Signal Hill, CA 90806
      View Details
    • Contact for pricing
      10,000 SF

      Long Beach Warehouse with Office

      Warehouse with office space and convenient freeway access.
      3060 Airport Way, Long Beach, CA 90806
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2850 29th St
    Long Beach, CA 90806-2305
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!