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Property profile & analytics
OFF-MARKET
Estimated value
$11,285,000
Hotels
500 1st St Long Beach, CA 90802-5024
Entity Owned
29-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0444447
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1981
Construction
CONCRETE
Total area
139,008 SF
Lot
1.99 ac (86,548 SF)
Zoning code
LBPD30
APN
7281-024-026
UPID
US10-0444447
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
-
Courtyard Long Beach Downtown Hotel & Motel
-
The Dinner Detective Murder Mystery Dinner Show - Long Beach, California Restaurant Theater & Performing Art Venue
-
Bistro Bar Restaurant
-
Wolvonic Design Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Morgans Auto Transport Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.88M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.29M
Owner & transaction history
Jwmfe Long Beach LP · 29 yrs held
Jwmfe Long Beach LP
since 1997
4 recorded transactions
Zoning & alternative use
LBPD30 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$13,945,000
6.5%
$12,875,000
7%
$11,955,000
Blend value · Realmo final
$11.29M
Range $10.16M – $12.41M · ±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
$81 / 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
$164,244
Tax year 2024
Assessed value
$8,571,545
Assessed 2024
Previous assessed
$8,571,545
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$4,281,659
Assessed improvement
$4,289,886
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1981
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
139,008 SF
Lot
1.99 ac (86,548 SF)
Zoning code
LBPD30
APN
7281-024-026
UPID
US10-0444447
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBPD30 · Long Beach, CAZoning LBPD30 · permitted uses
LBPD30 · 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
1981
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
1.99 ac
Current owner
From public records · entity-resolved
Jwmfe Long Beach LP
Entity
Mailing address
540 GAITHER RD STE #100, ROCKVILLE, MD 20850-6715
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 1997
—
Jwmfe Long Beach LP
Jwm Family Enterprises
Grant Deed
$4,300,000 · Gmac Commercial Mortgage Corp
Dec 13, 1994
—
Jwm
Colony Fbp Partners,
Grant Deed
related
—
Aug 30, 1994
—
Colony Fbp Partners LP
Fidelity Federal
Deed Of Trust
related
$222,776,782 · Salomon Brothers Realty Corp
Jun 26, 1992
$6,500,000
Fidelity Fed Bank
Perry,joseph A
Trustees Deed
related
—
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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