Financial
Distress signals
Property profile

495 The Promenade N Long Beach, CA 90802

FOR LEASE
Investment properties
Property ID
US09-9907532
35,429 SF 0.29 ac lot Built 2022
Last sale Dec 2023 · $10,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A retail or restaurant space, located at 495 The Promenade North in Long Beach, California, presents a unique investment opportunity. Built in 2022, the entire 5,621 square foot building is currently vacant and available for immediate occupancy. Situated in Los Angeles County, zip code 90802, this single-tenant property offers unparalleled flexibility for a variety of businesses. The modern design and construction ensure a high-quality space ready for immediate…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$144k
Tax billed · 2024
Assessed value$10.90M
Assessed land$3.90M
Assessed improvement$7.00M
Effective rate1.32%

Value estimate

· Sep 2026
$10.78M
$9.70M – $11.85M
AI approach$8.65M
CAP approach$9.51M
Submarket $/SF estimate$12.18M
NOI build-up
Gross scheduled income$142k
Vacancy & credit loss−$9k
Operating expenses−$40k
NOI · 3,371,236.36% cap applied$93k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$232/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$142 – $365
Qualifying comparables7

Cap rate analysis

How does the asset earn?
3,371,236.36%
$93k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LBPD30
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store10.9
Tanning Salon8.5
Veterinary Clinic8.3

Location

495 The Promenade N Long Beach, CA 90802
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1909 4th, Long Beach, CA 90802-3816 $1,550,000 Nov 2023 7,984 SF
1844 4th, Long Beach, CA 90802-3869 $341,000 Jun 2023 9,013 SF
434 4th, Long Beach, CA 90802-6406 $26,250,262 Jul 2022 61,317 SF
101 Alamitos, Long Beach, CA 90802-5995 $69,000,690 Jul 2022 133,668 SF
635 Pne, Long Beach, CA 90802-1375 $156,001,560 Jan 2022 84,054 SF
137 6th, Long Beach, CA 90802-1397 $5,200,052 Oct 2021 17,455 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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