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Property profile & analytics
OFF-MARKET
Estimated value
$1,670,000
Apartment buildings
3617 Ocean Blvd, Long Beach, CA 90803-2748
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7018784
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1949
Construction
WOOD
Total area
7,580 SF
Lot
0.22 ac (9,425 SF)
Zoning code
LBR4R
APN
7256-004-017
UPID
US09-7018784
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
$2.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.67M
Owner & transaction history
C & F 3617 E Ocean LLC · 10 yrs held
C & F 3617 E Ocean LLC
since 2016
7 recorded transactions
Zoning & alternative use
LBR4R · 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%
$2,415,000
6.5%
$2,230,000
7%
$2,070,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,750,000
Current use
OFFICE BUILDING
$2,685,000
Change: -2% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,400,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.67M
Range $1.50M – $1.84M · ±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
$220 / 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
$33,792
Tax year 2024
Assessed value
$2,582,538
Assessed 2024
Previous assessed
$2,582,538
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$2,321,169
Assessed improvement
$261,369
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1949
Construction
WOOD
Heating
NONE
Cooling
YES
Units
8
Bathrooms
8
Total area
7,580 SF
Lot
0.22 ac (9,425 SF)
Zoning code
LBR4R
APN
7256-004-017
UPID
US09-7018784
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBR4R · Long Beach, CA
Zoning LBR4R · permitted uses
LBR4R · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1949
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
8
Bathrooms
8
Lot
0.22 ac
Current owner
From public records · entity-resolved
C & F 3617 E Ocean LLC
Entity
Mailing address
861 N PARK VW DR #200, EL SEGUNDO, CA 90245-4932
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2017
—
C & F 3617 E Ocean LLC
—
Grant Deed
related
$3,850,000 · Homestreet Bk
Apr 1, 2016
$5,450,000
C & F 3617 E Ocean LLC
Singer Ocean Properties LLC
Grant Deed
—
Apr 2, 2013
—
Singer Ocean Properties LLC
Singer Ocean Properties LLC
Quit Claim Deed
related
$1,700,000 · J P Morgan Chase Bank
Oct 6, 2008
—
Singer Ocean Properties LLC
Singer,pauline J
Quit Claim Deed
—
Oct 3, 2008
—
Pauline J Singer
Singer Ocean Properties LLC
Quit Claim Deed
$150,000 · Charles Charles C & Kum S J Vanzee
Jan 4, 2006
—
Singer Ocean Properties LLC
Singer Pauline J Fam Trust
Quit Claim Deed
—
Aug 25, 2003
—
Singer,tr
Singer,pauline J
Quit Claim Deed
related
—
Aug 21, 2003
—
Pauline J Singer
Singer,tr
Quit Claim Deed
related
—
—
—
Singer Trust
—
Deed Of Trust
related
$900,000 · Washington Mutual Fsb
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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