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Property profile & analytics
OFF-MARKET
Estimated value
$5,630,000
Warehouses
3220 29th St Long Beach, CA 90806-2321
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0456863
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1964
Construction
TILT-UP CONCRETE
Total area
28,350 SF
Lot
1.45 ac (63,130 SF)
Zoning code
LBIM
APN
7212-022-016
UPID
US10-0456863
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
-
Envent Corporation Environmental Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.48M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.63M
Owner & transaction history
D Taggart LLC · 1 yrs held
D Taggart LLC
since 2025
Last sale
$6.6M
3 recorded transactions
Zoning & alternative use
LBIM · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$9.0M
+13.8%
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%
$7,020,000
6.5%
$6,480,000
7%
$6,015,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,880,000
Current use
AUTO REPAIR, GARAGE
$8,965,000
Change: +14% · Conversion: Easy
INDUSTRIAL (GENERAL)
$7,235,000
Change: -8% · Conversion: Easy
RETAIL STORES
$6,810,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$5.63M
Range $5.07M – $6.19M · ±10% · vs last sale $6.60M (Dec 21 2024)
Last sale anchor
$6.60M
Dec 21 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
$199 / 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
$69,426
Tax year 2024
Assessed value
$5,199,919
Assessed 2024
Previous assessed
$5,199,919
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$2,653,020
Assessed improvement
$2,546,899
Applied tax rate
4.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
28,350 SF
Lot
1.45 ac (63,130 SF)
Zoning code
LBIM
APN
7212-022-016
UPID
US10-0456863
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBIM · Long Beach, CA
Zoning LBIM · permitted uses
LBIM · 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
WAREHOUSE, STORAGE Current
Est. value
$7.9M
AUTO REPAIR, GARAGE
Est. value
$9.0M
INDUSTRIAL (GENERAL)
Est. value
$7.2M
RETAIL STORES
Est. value
$6.8M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.45 ac
Current owner
From public records · entity-resolved
D Taggart LLC
Entity
Mailing address
247 GLENDORA AVE, LONG BEACH, CA 90803-3504
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2025
$6,600,000
D Taggart LLC
3220 3250 E 29th Street LLC
Grant Deed
$5,000,000 · Bank Of America NA
Aug 21, 2007
—
3220-3250 E 29th Street LLC
Brown Harold R 1996 Trust
Grant Deed
—
Mar 18, 1996
—
Brown,harold R 1996 Tr
Brown,h R
Quit Claim Deed
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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