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Property profile & analytics
OFF-MARKET
Estimated value
$2,355,000
Investment properties
2938 Anaheim St Long Beach, CA 90804-3726
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0459932
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1979
Construction
WOOD
Total area
7,872 SF
Lot
0.48 ac (20,880 SF)
Zoning code
LBCCP
APN
7259-017-023
UPID
US10-0459932
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
$2.11M
Comparable Approach
Comparable
$2.30M
Blend (final)
Blend
$2.36M
Owner & transaction history
2938 2958 E Anaheim St Holding LLC · 1 yrs held
2938 2958 E Anaheim St Holding LLC
since 2025
Last sale
$2.5M
2 recorded transactions
Zoning & alternative use
LBCCP · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.8M
+38.4%
Auto repair, garage
$2.5M
+23.7%
Apartment house (5+ units)
$2.5M
+22.4%
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%
$2,290,000
6.5%
$2,110,000
7%
$1,960,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,015,000
Current use
OFFICE BUILDING
$2,790,000
Change: +38% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,490,000
Change: +24% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,465,000
Change: +22% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,185,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$2.36M
Range $2.12M – $2.59M · ±10% · vs last sale $2.50M (Oct 10 2024)
Last sale anchor
$2.50M
Oct 10 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
$299 / 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
$23,525
Tax year 2024
Assessed value
$1,550,084
Assessed 2024
Previous assessed
$1,550,084
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$1,140,674
Assessed improvement
$409,410
Applied tax rate
11.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
7,872 SF
Lot
0.48 ac (20,880 SF)
Zoning code
LBCCP
APN
7259-017-023
UPID
US10-0459932
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCCP · Long Beach, CA
Zoning LBCCP · permitted uses
LBCCP · 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
COMMERCIAL (GENERAL) Current
Est. value
$2.0M
OFFICE BUILDING
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$2.2M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
1979
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
2938 2958 E Anaheim St Holding LLC
Entity
Mailing address
6931 AUBURN DR, HUNTINGTON BEACH, CA 92647-4043
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2025
$2,500,000
2938 2958 E Anaheim St Holding LLC
Bao Quoc Le
Grant Deed
$1,400,000 · Quoc Le Of Etal
Dec 30, 1988
$414,500
Le Bao Q
Tde
Trustees Deed
related
$50,000 · Le Bao Q Defined
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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