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Property profile & analytics
OFF-MARKET
Turn key restaurants
401 Willow St Long Beach, CA 90806-2803
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0429786
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1939
Construction
WOOD
Total area
2,383 SF
Lot
0.13 ac (5,619 SF)
Zoning code
LBCCA
APN
7206-027-027
UPID
US10-0429786
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
-
Buono's Pizzeria Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Frank Buono · 3 yrs held
Frank Buono
since 2022
7 recorded transactions
Zoning & alternative use
LBCCA · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,191
Tax year 2024
Assessed value
$176,351
Assessed 2024
Previous assessed
$176,351
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$106,700
Assessed improvement
$69,651
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1939
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
3
Total area
2,383 SF
Lot
0.13 ac (5,619 SF)
Zoning code
LBCCA
APN
7206-027-027
UPID
US10-0429786
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCCA · Long Beach, CA
Zoning LBCCA · permitted uses
LBCCA · 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.
Building & site characteristics
From public records
Year built
1939
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
3
Lot
0.13 ac
Current owner
From public records · entity-resolved
Frank Buono
Individual
Mailing address
3835 N WESTON PL, LONG BEACH, CA 90807-3302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Nov 15, 2022
—
Frank Buono
Antonia Buono
Affidavit Death Of Trustee/successor Trustee
related
—
May 11, 2018
—
Buono,frank Trust
—
Deed
related
$400,000 · Farmers & Merchants Bk/lng Bch
May 16, 2014
—
Antonia Buono
Buono,nicolaniello
Affidavit Of Death
related
—
May 6, 1996
—
Buono Nicolaniello
Buono,n
Quit Claim Deed
related
—
Sep 1, 1994
—
Nicolaniello Buono
Buono,a
Quit Claim Deed
related
—
—
—
Buono Trust
—
Deed Of Trust
related
$81,000 · Farmers & Merchants Bk Lng Bch
—
—
Buono Trust
—
Deed Of Trust
related
$80,000 · Farmers & Merchants Bk Lng Bch
—
—
Buono,frank Trust
—
Deed Of Trust
related
$400,000 · Farmers & Merchants Bk/lng Bch
—
—
Frank Buono
—
Deed Of Trust
related
$150,000 · Farmers & Merchants Bk Lng Bch
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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