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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Hotels
431 Broadway Long Beach, CA 90802-4909
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US10-0083783
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1923
Construction
TILT-UP CONCRETE
Total area
10,725 SF
Lot
0.09 ac (3,865 SF)
Zoning code
LBPD
APN
7281-016-055
UPID
US10-0083783
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
-
Hotel Royal Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$577k
Blend (final)
Blend
$665k
Owner & transaction history
Lbc Hotel LLC · 6 yrs held
Lbc Hotel LLC
since 2019
7 recorded transactions
Zoning & alternative use
LBPD · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Districts Established
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
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$62 / 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
$24,905
Tax year 2024
Assessed value
$1,683,354
Assessed 2024
Previous assessed
$1,683,354
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$632,597
Assessed improvement
$1,050,757
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
23
Total area
10,725 SF
Lot
0.09 ac (3,865 SF)
Zoning code
LBPD
APN
7281-016-055
UPID
US10-0083783
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBPD · Long Beach, CAZoning LBPD · permitted uses
LBPD · Long Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Districts Established
Building & site characteristics
From public records
Year built
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
23
Lot
0.09 ac
Current owner
From public records · entity-resolved
Lbc Hotel LLC
Entity
Mailing address
431 E BROADWAY, LONG BEACH, CA 90802-4909
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
26 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2023
—
Sandrawati F Kosasih
—
Deed
related
$510,000 · David M Hunter Etal
Jan 24, 2023
—
Lbc Hotel LLC
—
Deed
related
$4,490,000 · Harvest Small Business Finance LLC
Apr 4, 2022
—
Lbc Hotel LLC
—
Deed
related
$2,000,000 · United States Small Business Admin
Oct 18, 2021
—
Lbc Hotel LLC
—
Deed
related
$1,550,000 · Smarter Capital Investments LLC
Mar 20, 2020
—
Lbc Hotel LLC
—
Deed
related
$80,000 · Enterprise Business Capital LLC
Dec 12, 2019
—
Lbc Hotel LLC
—
Deed
related
$237,500 · David G Sears
Nov 20, 2019
—
Lbc Hotel LLC
Surya Hotel LLC
Quit Claim Deed
related
—
Sep 20, 2019
—
Surya Hotel LLC
—
Deed
related
$175,000 · David G Sears
Jul 30, 2019
—
Surya Hotel LLC
—
Deed
related
$325,000 · David Hunter
May 9, 2019
—
Surya Hotel LLC
—
Deed
related
$2,870,000 · Prideco Cap Mgmt LLC
Jun 22, 2018
—
Surya Hotel LLC
—
Deed
related
$525,000 · Newtek Small Busn Fin
Feb 15, 2017
—
Surya Hotel LLC
—
Deed
related
$1,055,448 · Pacific Ent Bk
Feb 6, 2017
—
Surya Hotel LLC
—
Deed
related
$1,055,448 · Pacific Enterprise Bank
Nov 15, 2005
—
Chustz Edward & C Family Trust
Chustz,edward & Coralie
Quit Claim Deed
related
—
Mar 31, 2005
—
Surya Hotel LLC
Chustz,edward & Coralie
Grant Deed
$1,000,000 · Pacific Premier Bank
—
—
Surya Hotel LLC
—
Deed Of Trust
related
$2,870,000 · Prideco Cap Mgmt LLC
—
—
Surya Hotel LLC
—
Deed Of Trust
related
$525,000 · Newtek Small Busn Fin
—
—
Surya Hotel LLC
—
Deed Of Trust
related
$1,082,000 · Business Fin Cap
—
—
Surya Hotel LLC
—
Deed Of Trust
related
$1,055,448 · Pacific Ent Bk
—
—
Surya Hotel LLC
—
Deed Of Trust
related
$1,055,448 · Interimlender.com
—
—
Surya Hotel LLC
—
Deed Of Trust
related
$300,000 · John Chang
—
—
Surya Hotel LLC
—
Deed Of Trust
related
$1,622,000 · Pacific Premier Bank
—
—
Lbc Hotel LLC
—
Deed Of Trust
related
$387,500 · David Hunter
—
—
Surya Hotel LLC
—
Deed Of Trust
related
$325,000 · David Hunter
—
—
Surya Hotel LLC
—
Deed Of Trust
related
$175,000 · David G Sears
—
—
Lbc Hotel LLC
—
Deed Of Trust
related
$237,500 · David G Sears
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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