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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Investment properties
344 8th St Long Beach, CA 90813-4210
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6417695
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1915
Construction
WOOD
Total area
2,600 SF
Lot
0.04 ac (1,802 SF)
Zoning code
LBPD10
APN
7272-019-001
UPID
US09-6417695
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
$675k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$550k
Owner & transaction history
Charles E Nourrcier · 10 yrs held
Charles E Nourrcier
since 2015
7 recorded transactions
Zoning & alternative use
LBPD10 · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$820,000
+31.9%
Retail stores
$650,000
+4.1%
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%
$730,000
6.5%
$675,000
7%
$625,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$625,000
Current use
AUTO REPAIR, GARAGE
$820,000
Change: +32% · Conversion: Difficult
RETAIL STORES
$650,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$212 / 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
$8,395
Tax year 2024
Assessed value
$620,907
Assessed 2024
Previous assessed
$620,907
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$208,903
Assessed improvement
$412,004
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1915
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
2
Bathrooms
2
Total area
2,600 SF
Lot
0.04 ac (1,802 SF)
Zoning code
LBPD10
APN
7272-019-001
UPID
US09-6417695
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBPD10 · Long Beach, CA
Zoning LBPD10 · permitted uses
LBPD10 · 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
$625,000
AUTO REPAIR, GARAGE
Est. value
$820,000
RETAIL STORES
Est. value
$650,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
1915
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Bathrooms
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
Charles E Nourrcier
Individual
Mailing address
25 LA LINDA DR, LONG BEACH, CA 90807-3305
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2016
—
Charles E Nourrcier
—
Deed
related
$330,000 · First Republic Bank
Jul 23, 2015
$534,500
Charles E Nourrcier
Ullah,mohammad S
Grant Deed
—
Feb 17, 2004
—
Gloria S Ruiz
Blanco,tr
Grant Deed
related
—
Mar 31, 2003
—
Mohammad S Ullah
Ullah,sirina B
Quit Claim Deed
related
—
Mar 31, 2003
$200,000
Mohammad S Ullah
Hud
Grant Deed
$100,000 · Andy Broumand
Sep 27, 2001
$231,309
Hud
Union Planters National Bank
Grant Deed
related
—
May 31, 2001
$231,308
Union Planters National Bank
Conteros,alonzo & Mercedes
Trustees Deed
related
—
Jul 26, 2000
$218,000
Alonzo Conteros
Williams,mark
Grant Deed
$216,207 · Union Planters National Bank
Mar 31, 2000
$97,000
Mark Williams
Blance Trust
Grant Deed
$97,000 · Schaefer Financial Services
Nov 1, 1994
—
Blanco,elodia A Trustee
Sanchez,e A
Grant Deed
related
—
Jul 1, 1994
—
Antonio Cardenas
Sanchez,n L
Quit Claim Deed
related
—
Feb 24, 1994
—
Nicolas Sanchez
Sanchez,e
Quit Claim Deed
related
—
Aug 16, 1991
$141,500
Maria Arevalo
Williams,frank D
Grant Deed
related
$23,000 · Seller
—
—
Mohammad S Ullah
—
Deed Of Trust
related
$200,000 · Wells Fargo Bank
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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