Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    455 Columbia St Long Beach, CA 90806-1602

    • Medical offices
    • 49,974 SF
    • 2.53 lot acres
    OFF-MARKET
    Last Sale
    May 04, 2023
    Value Estimations
    $11,915,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0428386
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Children's Dental Health Clinic / Dental Office
    • The Children's Clinic - S. Mark Taper Foundation / Medical Clinic
    • Dr. Jennie Gary / Pediatrician / Medical Clinic
    • Surgery Pavillon / Medical Clinic
    • Dr. Elaine Yang / Pediatrician / Medical Clinic

    Property Details for 455 Columbia St

    Year built
    1968
    Construction
    WOOD
    Lot size
    2.53 lot acres
    Property size
    49,974 SF
    Zone code
    LBP*
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    7207-009-050
    APU
    7207009050

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $12,690,000
      6.5%
      $11,715,000
      7%
      $10,875,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.187
    Latitude
    33.8094
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $24,536
    $2,552,195
    $3,546,808
    $6,099,003
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      350 SF

      2650 Elm Ave Ste, Unit 204

      MEDICAL BUILDING • 350 SF
      2650 Elm Ave Ste, Long Beach, CA 90806-1600
      View Details
    • Value Estimation by Request
      378 SF

      2650 Elm Ave Ste, Unit 218

      MEDICAL BUILDING • 378 SF
      2650 Elm Ave Ste, Long Beach, CA 90806-1653
      View Details
    • Value Estimation by Request
      378 SF

      2650 Elm Ave, Unit 217

      MEDICAL BUILDING • 378 SF
      2650 Elm Ave, Long Beach, CA 90806-1651
      View Details
    • Value Estimation
      $1,125,000
      9,174 SF

      2360 Pacific Ave

      MEDICAL BUILDING • 9,174 SF
      2360 Pacific Ave, Long Beach, CA 90806-3051
      View Details
    • Value Estimation
      $805,000
      7,176 SF

      2385 Pacific Ave

      MEDICAL BUILDING • 7,176 SF
      2385 Pacific Ave, Long Beach, CA 90806-3025
      View Details
    • Value Estimation
      $1,050,000
      8,090 SF

      304 Pacific Coast Hwy

      MEDICAL BUILDING • 8,090 SF
      304 Pacific Coast Hwy, Long Beach, CA 90806
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      153,172 SF

      Long Beach Medical Office Property

      Medical office property available for sale in Long Beach.
      2600 Redondo Ave, Long Beach, CA 90806
      View Details
    • $1,900,000
      7,830 SF

      Long Beach Storefront Retail Property

      Two-story, 7,830 SF building in Long Beach's Wrigley Village.
      2300 S Pacific Ave, Long Beach, CA 90806
      View Details
    • Contact for pricing

      17-Unit Multifamily Investment Opportunity

      Well-maintained 17-unit multifamily property in a desirable Long Beach location.
      1850 Gardenia Ave, Long Beach, CA 90806
      View Details
    • $399,000

      Automotive Repair Shop For Sale

      Automotive repair shop with yard, office, restroom, and bays.
      2650 Atlantic Ave, Long Beach, CA 90806
      View Details
    • Contact for pricing
      18,963 SF

      Long Beach Opportunity Lot

      Lot with free standing building near 710 Fwy.
      1500 W Pacific Coast Hwy, Long Beach, CA 90806
      View Details
    • $1,475,000

      Long Beach Turnkey Fourplex

      Four units, fully remodeled, new construction, modern duplexes.
      2210 Pine Ave, Long Beach, CA 90806
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      12,432 SF

      Long Beach Office Space - 12,432 SF

      Prime Long Beach office/industrial space available.
      2700 Atlantic Ave, Long Beach, CA 90806
      View Details
    • Contact for pricing
      4,140 SF

      First Floor Office Space Available

      Office space for rent in Long Beach, California.
      1836-1852 Locust Ave, Long Beach, CA 90806
      View Details
    • Contact for pricing

      Functional Office Suite For Lease

      Built-out office suite featuring private offices and open workspaces.
      2365 Pacific Ave, Long Beach, CA 90806
      View Details
    • Contact for pricing

      Updated Office Suite For Rent

      940 sq ft office suite with modern updates.
      2363 Pacific Ave, Long Beach, CA 90806
      View Details
    • Contact for pricing
      22,400 SF

      Prime Ground Lease Opportunity

      22,400 SF ground lease ideal for various businesses.
      1601-1645 E Pacific Coast Hwy, Long Beach, CA 90806
      View Details
    • $3,000 /Mo

      Long Beach Parking Lot Rental

      Paved parking lot near Long Beach Airport available for lease.
      3070 E Airport Way, Long Beach, CA 90806
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    455 Columbia St
    Long Beach, CA 90806-1602
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!