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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Retail space
3724 7th St Long Beach, CA 90804-5301
Trust Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6384970
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1923
Construction
TILT-UP CONCRETE
Total area
4,400 SF
Lot
0.1 ac (4,444 SF)
Zoning code
LBCCP
APN
7254-025-015
UPID
US09-6384970
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
-
The Feel Good Facialist Spa & Massage Center Skin Care Clinic
-
Makeup Painter Cosmetic Store
-
Feel Good Beauty Studios Hair Salon Nail Salon
-
Natural Cosmetic Tattoo Medical Clinic Skin Care Clinic
-
BROWS by SARA Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$696k
Blend (final)
Blend
$615k
Owner & transaction history
Levy Michael & Jennifer Trust · 21 yrs held
Levy Michael & Jennifer Trust
since 2005
4 recorded transactions
Zoning & alternative use
LBCCP · 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
$980,000
Current use
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$140 / 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
$7,946
Tax year 2024
Assessed value
$576,128
Assessed 2024
Previous assessed
$576,128
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$147,719
Assessed improvement
$428,409
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
6
Bathrooms
7
Total area
4,400 SF
Lot
0.1 ac (4,444 SF)
Zoning code
LBCCP
APN
7254-025-015
UPID
US09-6384970
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCCP · Long Beach, CA
Zoning LBCCP · permitted uses
LBCCP · 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
$980,000
RETAIL STORES Current
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
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
6
Bathrooms
7
Lot
0.1 ac
Current owner
From public records · entity-resolved
Levy Michael & Jennifer Trust
Trust
Free & Clear · 21 yrs held
Mailing address
290 GRANADA AVE, LONG BEACH, CA 90803-5520
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2005
—
Levy Michael & Jennifer Trust
Levy,michael
Quit Claim Deed
related
—
Jun 29, 2001
$390,000
Michael Levy
Freeman Trust
Grant Deed
$312,000 · Freeman Trust
Jan 11, 1996
—
Arlene F Freeman
Fingerhut,s A & C A Trustees
Quit Claim Deed
related
—
Jun 16, 1988
—
Steven Fingerhut
—
Deed Of Trust
related
$50,000 · Fm Bk Lb
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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