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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Retail space
305 Anaheim St Long Beach, CA 90813-3007
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0457156
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1976
Construction
TILT-UP CONCRETE
Total area
9,585 SF
Lot
0.51 ac (22,264 SF)
Zoning code
LBCHW
APN
7269-042-028
UPID
US10-0457156
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
-
La Bodega Mexicana 8 Restaurant
-
DolEx Dollar Express Check Cashing
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.02M
Owner & transaction history
Benny Hong · 5 yrs held
Benny Hong
since 2021
7 recorded transactions
Zoning & alternative use
LBCHW · 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
$1.02M
Range $914k – $1.12M · ±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
$106 / 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
$13,875
Tax year 2024
Assessed value
$704,435
Assessed 2024
Previous assessed
$704,435
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$391,354
Assessed improvement
$313,081
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
9,585 SF
Lot
0.51 ac (22,264 SF)
Zoning code
LBCHW
APN
7269-042-028
UPID
US10-0457156
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCHW · Long Beach, CA
Zoning LBCHW · permitted uses
LBCHW · 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
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Benny Hong
Individual
Mailing address
6415 BIXBY TER DR, LONG BEACH, CA 90815-4772
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2024
—
Benny Hong
—
Deed
related
$1,230,000 · Gbc International Bank
Apr 29, 2021
—
Benny Hong
Benny Hong
Intrafamily Transfer
related
—
Jul 30, 2014
—
Benny Hong
Hong,paul
Quit Claim Deed
related
—
Mar 26, 2010
—
Benny Hong
Hong B & A Q Family Trust
Quit Claim Deed
related
—
Apr 23, 2007
—
Paul Hong
Hong Benny & A Q Fam Trust
Quit Claim Deed
related
—
Oct 25, 1999
—
Hong,benny & Annie Q Trustees
Hong,b & A Q
Quit Claim Deed
related
—
Sep 23, 1999
—
Benny Hong
Hong,p
Quit Claim Deed
related
—
Jul 29, 1997
—
Hong,benny & Annie Q
1994-s2 Props,
Trustees Deed
related
—
Apr 2, 1997
$631,687
Ocwen Federal Bank Fsb
Jaygo INC
Trustees Deed
related
—
—
—
Jaygo INC
—
Deed Of Trust
related
$633,000 · Western Federal Savings & Loan
—
—
Benny Hong
—
Deed Of Trust
related
$330,000 · Cathay Bank
—
—
Benny Hong
—
Deed Of Trust
related
$1,500,000 · Bbcn Bk
—
—
Hong Trust
—
Deed Of Trust
related
$647,500 · Guaranty Bank California
—
—
Hong Trust
—
Deed Of Trust
related
$1,000,000 · Guaranty Bank California
—
—
Benny Hong
—
Deed Of Trust
related
$420,000 · Guaranty Bank California
—
—
Jaygo INC
—
Deed Of Trust
related
$357,500 · Us Small Business Admn
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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