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Property profile & analytics
OFF-MARKET
Estimated value
$1,010,000
Parking lots & garages
5211 Atlantic Ave Long Beach, CA 90805-6511
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9194572
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1965
Construction
WOOD
Total area
4,700 SF
Lot
0.11 ac (4,828 SF)
Zoning code
LBR34*
APN
7130-006-029
UPID
US09-9194572
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
-
Pet Lovers Animal Hospital Long Beach Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$885k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.01M
Owner & transaction history
Jc2022 Business LLC · 2 yrs held
Jc2022 Business LLC
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
LBR34* · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Districts Established
Top alternative use upside
Office building
$1.7M
+2.8%
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
$960,000
ML approach
$885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$1,620,000
Current use
OFFICE BUILDING
$1,665,000
Change: +3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,485,000
Change: -8% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,305,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±10% · vs last sale $1.10M (Dec 15 2023)
Last sale anchor
$1.10M
Dec 15 2023
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
$215 / 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
$4,638
Tax year 2024
Assessed value
$360,000
Assessed 2024
Previous assessed
$360,000
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$350,000
Assessed improvement
$10,000
Applied tax rate
4.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
NONE
Total area
4,700 SF
Lot
0.11 ac (4,828 SF)
Zoning code
LBR34*
APN
7130-006-029
UPID
US09-9194572
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBR34* · Long Beach, CAZoning LBR34* · permitted uses
LBR34* · 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
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.3M
PARKING LOT Current
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
1965
Construction
WOOD
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
Jc2022 Business LLC
Entity
Mailing address
241 RDG ST STE #100, RENO, NV 89501-2055
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2023
$1,100,000
Jc2022 Business LLC
5211 Atlantic LLC
Grant Deed
$660,000 · C & R Property Management LLC
May 9, 2018
$586,000
5211 Atlantic LLC
Baker,ron
Grant Deed
—
May 9, 2018
—
Ron Baker
Baker,sharon
Affidavit Of Death
related
—
Feb 8, 2018
—
Ron Baker
Baker,ron
Quit Claim Deed
related
—
Aug 9, 2017
—
Ron Baker
Rsb LP
Quit Claim Deed
related
—
Oct 13, 1999
—
Baker,ron Trustee
Baker,r B
Quit Claim Deed
related
—
Mar 2, 1995
—
Jeanne G Baker
—
Deed Of Trust
related
—
Feb 2, 1995
—
Baker,raymond A And Jeanne G
—
Trustees Deed
related
—
—
—
Ronald B Baker
—
Deed Of Trust
related
$25,000 · Individual
—
—
Jeaane G Baker
—
Deed Of Trust
related
$60,000 · Adobe Oil Development Co
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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