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Property profile & analytics
OFF-MARKET
Estimated value
$3,655,000
Distribution centers
3330 29th St Long Beach, CA 90806-2323
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0456855
Property summary
AI-generated overview
This exceptional 20,860-square-foot industrial warehouse in Long Beach, CA, presents a significant leasing opportunity. Situated on a 1.17-acre lot, this single-tenant Class C building boasts 20-22-foot ceiling heights, ideal for various distribution and warehousing needs. The property includes two loading docks, one dock-high door, and ample parking for 40 vehicles. A secure, gated yard enhances security. Built in 1970, the property features heavy power (tenant verification required). Its strategic location offers unparalleled visibility and access to major freeways, including the 405, 710, 605, and 22 freeways, providing seamless connectivity throughout Southern California. Proximity to Long Beach Airport (0.5 miles) and the Ports of Long Beach and Los Angeles (5 miles) further enhances its logistical advantages. The property is zoned LBIM and has an APN of 7212-022-021. Annual property taxes are $0.19 per square foot. This warehouse offers a compelling combination of size, location, and functionality, making it an attractive option for businesses seeking a strategic industrial base in the heart of Long Beach.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1970
Construction
TILT-UP CONCRETE
Total area
19,956 SF
Lot
1.18 ac (51,332 SF)
Zoning code
LBIM
APN
7212-022-021
UPID
US10-0456855
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
$4.56M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.66M
Owner & transaction history
3330 East 29th Street LLC · 12 yrs held
3330 East 29th Street LLC
since 2014
7 recorded transactions
Zoning & alternative use
LBIM · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Districts Established
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%
$4,940,000
6.5%
$4,560,000
7%
$4,235,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,545,000
Current use
INDUSTRIAL (GENERAL)
$5,095,000
Change: -8% · Conversion: Easy
RETAIL STORES
$4,795,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$3.66M
Range $3.29M – $4.02M · ±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
$183 / 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
$48,449
Tax year 2024
Assessed value
$3,605,472
Assessed 2024
Previous assessed
$3,605,472
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,958,974
Assessed improvement
$1,646,498
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Bathrooms
2
Total area
19,956 SF
Lot
1.18 ac (51,332 SF)
Zoning code
LBIM
APN
7212-022-021
UPID
US10-0456855
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBIM · Long Beach, CAZoning 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
Source
Zoning Districts Established
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.5M
INDUSTRIAL (GENERAL)
Est. value
$5.1M
RETAIL STORES
Est. value
$4.8M
WAREHOUSE, STORAGE Current
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
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Bathrooms
2
Lot
1.18 ac
Current owner
From public records · entity-resolved
3330 East 29th Street LLC
Entity
Free & Clear · 12 yrs held
Mailing address
10094 CIELO DR, BEVERLY HILLS, CA 90210-2026
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2017
—
3330 East 29th Street LLC
—
Deed
related
$3,300,000 · Miscellaneous Ins Co
Feb 27, 2014
$3,000,000
3330 East 29th Street LLC
Deen,omar
Grant Deed
—
Aug 19, 2009
—
Omar Deen
Quicksand Performance INC
Grant Deed
—
Jun 30, 2009
—
Quicksand Performance INC
Bixby Land Company
Grant Deed
$1,847,700 · Plaza Bank
Jan 1, 1971
—
Bixby Land Co
—
Grant Deed
related
—
—
—
3330 East 29th Street LLC
—
Deed Of Trust
related
$3,000,000 · Nissan Motor Acceptance Corp
—
—
Quicksand Performance INC
—
Deed Of Trust
related
$1,847,000 · Plaza Bank NA
—
—
3330 East 29th Street LLC
—
Deed Of Trust
related
$3,300,000 · Miscellaneous Ins Co
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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