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Property profile & analytics
FOR LEASE
Grocery and convenience stores
3380 North Los Coyotes Diagonal Long Beach, CA 90808
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7189339
For Lease
$7,930,000
3380 North Los Coyotes Diagonal, Long Beach, CA 90808
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1968
Construction
TILT-UP CONCRETE
Total area
45,915 SF
Lot
2.79 ac (121,391 SF)
Zoning code
LBCR
APN
7191-014-016
UPID
US09-7189339
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
-
Leo's Tacos Truck Restaurant
-
higi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.93M
Owner & transaction history
Ralph Coyotes LLC · 19 yrs held
Ralph Coyotes LLC
since 2006
7 recorded transactions
Zoning & alternative use
LBCR · 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
Alternative Use
Use
Estimation
RETAIL STORES
$12,900,000
Current use
WAREHOUSE, STORAGE
$12,760,000
Change: -1% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$12,740,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$7.93M
Range $7.14M – $8.72M · ±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
$173 / 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
$126,284
Tax year 2024
Assessed value
$8,555,819
Assessed 2024
Previous assessed
$8,555,819
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$3,616,444
Assessed improvement
$4,939,375
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
1968
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
OTHER
Stories
1
Total area
45,915 SF
Lot
2.79 ac (121,391 SF)
Zoning code
LBCR
APN
7191-014-016
UPID
US09-7189339
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCR · Long Beach, CA
Zoning LBCR · permitted uses
LBCR · 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
RETAIL STORES Current
Est. value
$12.9M
WAREHOUSE, STORAGE
Est. value
$12.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.7M
RETAIL STORES Current
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
1968
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.79 ac
Current owner
From public records · entity-resolved
Ralph Coyotes LLC
Entity
Mailing address
3632 FAWNDALE PL, SHERMAN OAKS, CA 91403-4615
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2016
—
Ralphs Coyotes LLC
—
Deed
related
$12,000,000 · The Bancorp Bank
Aug 31, 2006
$15,800,000
Ralph Coyotes LLC
Los Coyotes Investments LLC
Grant Deed
$12,425,000 · Citigroup Global Markets Realty Corp
Dec 29, 2000
—
Los,coyotes Invs
Sklavenitis,p
Trustees Deed
related
—
Dec 20, 1993
—
Mark D Kale
Kale,r L
Quit Claim Deed
related
—
Jan 3, 1992
$2,512,000
Sklavenitis,pano
Watson,james R
Trustees Deed
related
—
Jan 3, 1992
$50,500
Watson,james R
Kale,mark D
Trustees Deed
related
—
Sep 26, 1989
—
Dana J Mackay
Macka
Quit Claim Deed
related
$4,760,000 · Homefed Bank
Sep 26, 1989
$900,000
Watson James R&
Amer
Trustees Deed
related
—
—
—
James R Watson
—
Deed Of Trust
related
$4,300 · Sumitomo Bank
—
—
Real Est Ho Amer
—
Deed Of Trust
related
$2,080,000 · Federated Dept S
—
—
Los Coyotes Investments LLC
—
Deed Of Trust
related
$7,100,000 · Cibc INC
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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