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Property profile & analytics
OFF-MARKET
Estimated value
$2,175,000
Investment properties
3032 7th St Long Beach, CA 90804-4905
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6549070
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1962
Construction
WOOD
Total area
6,045 SF
Lot
0.13 ac (5,520 SF)
Zoning code
LBCNR
APN
7258-030-005
UPID
US09-6549070
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
$1.96M
CAP Approach
CAP
$1.62M
Comparable Approach
Comparable
$2.16M
Blend (final)
Blend
$2.18M
Owner & transaction history
Mulcahy Real Estate LLC · 3 yrs held
Mulcahy Real Estate LLC
since 2023
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
LBCNR · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.6M
+131.1%
Office building
$2.1M
+38.4%
Auto repair, garage
$1.9M
+23.7%
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
$2,155,000
ML approach
$1,960,000
CAP Approach
CAP Return
Estimation
6%
$1,755,000
6.5%
$1,620,000
7%
$1,505,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,545,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,575,000
Change: +131% · Conversion: Difficult
OFFICE BUILDING
$2,140,000
Change: +38% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,910,000
Change: +24% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,895,000
Change: +22% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,680,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$2.18M
Range $1.96M – $2.39M · ±10% · vs last sale $2.30M (May 16 2023)
Last sale anchor
$2.30M
May 16 2023
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
$360 / 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
$33,226
Tax year 2024
Assessed value
$2,346,210
Assessed 2024
Previous assessed
$2,346,210
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$714,000
Assessed improvement
$1,632,210
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
NONE
Buildings
2
Units
10
Bathrooms
8
Total area
6,045 SF
Lot
0.13 ac (5,520 SF)
Zoning code
LBCNR
APN
7258-030-005
UPID
US09-6549070
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCNR · Long Beach, CA
Zoning LBCNR · permitted uses
LBCNR · 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
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.6M
OFFICE BUILDING
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
WAREHOUSE, STORAGE
Est. value
$1.7M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
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
1962
Construction
WOOD
Heating
NONE
Buildings
2
Units
10
Bathrooms
8
Lot
0.13 ac
Current owner
From public records · entity-resolved
Mulcahy Real Estate LLC
Entity
Mailing address
211 E OCEAN BLVD STE #110, LONG BEACH, CA 90802-4803
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2023
$2,300,000
Mulcahy Real Estate LLC
Tap Dancing On Land Mines LLC
Grant Deed
$1,380,000 · Cathay Bank
Mar 20, 2018
—
Tap Dancing On Land Mines LLC
—
Deed
related
$775,000 · Luther Burbank Savings
Feb 5, 2013
$955,000
Tap Dancing On Land Mines LLC
Duane V Heldt
Grant Deed
$704,250 · Luther Burbank Savings
Nov 4, 2002
$670,000
Duane V Heldt
Olson,paul R
Grant Deed
$485,000 · Imperial Capital Bank
Feb 27, 2001
—
Julia M Olson
Olson,p R
Quit Claim Deed
related
—
Sep 16, 1998
$292,500
Olson,paul R
Bauer Trust
Trustees Deed
$243,750 · Seller
Sep 16, 1998
$157,500
Olson,paul R
Bauer Trust
Trustees Deed
$131,250 · Mcwilliam Trust
Oct 21, 1997
—
Bauer,robert H Trustee
Bauer R H Trustee,
Quit Claim Deed
related
—
Aug 28, 1997
$6,818
Bauer Trust
Mcwilliams Trust
Grant Deed
—
Jan 26, 1993
—
Mcwilliams Richard L Co Tr
—
Deed Of Trust
related
—
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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