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Property profile & analytics
OFF-MARKET
Estimated value
$2,340,000
Retail space
4615 2nd St Long Beach, CA 90803
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7301199
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Construction
WOOD
Total area
9,863 SF
Lot
0.7 ac (30,615 SF)
Zoning code
LBCNP
APN
7256-021-019
UPID
US09-7301199
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
$2.51M
Comparable Approach
Comparable
$2.04M
Blend (final)
Blend
$2.34M
Owner & transaction history
Uc Food LLC · 2 yrs held
Uc Food LLC
since 2024
7 recorded transactions
Zoning & alternative use
LBCNP · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.6M
+29.0%
Office building
$3.5M
+26.0%
Auto repair, garage
$3.1M
+12.6%
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%
$2,710,000
6.5%
$2,505,000
7%
$2,325,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,770,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,575,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$3,495,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,120,000
Change: +13% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,740,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$2.34M
Range $2.11M – $2.57M · ±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
$237 / 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
$121,730
Tax year 2024
Assessed value
$9,034,562
Assessed 2024
Previous assessed
$9,034,562
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$7,340,176
Assessed improvement
$1,694,386
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
1979
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
3
Total area
9,863 SF
Lot
0.7 ac (30,615 SF)
Zoning code
LBCNP
APN
7256-021-019
UPID
US09-7301199
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCNP · Long Beach, CA
Zoning LBCNP · permitted uses
LBCNP · 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
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
OFFICE BUILDING
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.1M
WAREHOUSE, STORAGE
Est. value
$2.7M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1979
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
3
Lot
0.7 ac
Current owner
From public records · entity-resolved
Uc Food LLC
Entity
Mailing address
4100 E OCEAN BLVD, LONG BEACH, CA 90803-2821
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2024
—
Uc Food LLC
Walter Schneiter
Grant Deed
$4,500,000 · Securian Life Insurance Company
May 17, 2023
$100,000
Phil Sblendorio
Bowman Family Holdings LLC
Grant Deed
—
Aug 16, 2022
—
Kathleen Schneiter
Kathleen Schneiter
Intrafamily Transfer
related
—
Oct 29, 2020
$8,492,500
Mmart 1 LLC
Julie Boyd
Grant Deed
$5,000,000 · Farmers & Merchants Bk/lng Bch
Oct 29, 2020
—
Frederick K Boyd
Sherri L Boyd
Quit Claim Deed
related
—
Nov 25, 2013
—
Epic 4 Investment Group LLC
Boyd,julie C
Quit Claim Deed
—
Dec 28, 2012
—
Julie C Boyd
Boyd,arden F
Quit Claim Deed
related
—
May 3, 2011
—
Julie Boyd
Boyd,rita M
Quit Claim Deed
related
—
Apr 5, 2011
—
Lauer Trust
Boyd,rita M
Affidavit Of Death
—
Mar 3, 2011
—
Arden F Boyd
Boyd,rita M
Affidavit Of Death
—
Feb 7, 2002
—
Boyd,arden F & Rita M Tr
Boyd,a F & R M
Quit Claim Deed
related
—
Dec 2, 1991
$1,596,000
Arden F Boyd
Long Beach Servi
Grant Deed
related
$803,099 · Long Beach Mortgage Co
Nov 22, 1988
$2,097,500
Serv Lb
Gt
Grant Deed
$1,600,000 · Great American Fed'l Savings
—
—
Beach Servi Long
—
Deed Of Trust
related
$100,000 · Individual
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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