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Property profile & analytics
OFF-MARKET
Estimated value
$1,160,000
Investment properties
5375 2nd St Long Beach, CA 90803-5348
Entity Owned
14-yr Hold
Free & Clear
Property ID
US09-6353097
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1979
Construction
WOOD
Total area
5,677 SF
Lot
0.14 ac (6,151 SF)
Zoning code
LBCNP
APN
7249-017-013
UPID
US09-6353097
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
-
Stanfield Real Estate Group | Sotheby's International Real Estate Agency
-
Nancy Deprez, California Real Estate Agent Real Estate Agency
-
Belmont Point Corporate Office
-
Linda Ethier Real Estate Agency
-
Vista Sotheby's International Realty, Vincent Serhan Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.53M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.16M
Owner & transaction history
Mitchell Land & Improvement Co · 14 yrs held
Mitchell Land & Improvement Co
since 2012
7 recorded transactions
Zoning & alternative use
LBCNP · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+31.9%
Retail stores
$1.6M
+17.1%
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%
$1,650,000
6.5%
$1,525,000
7%
$1,415,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,360,000
Current use
AUTO REPAIR, GARAGE
$1,795,000
Change: +32% · Conversion: Difficult
RETAIL STORES
$1,595,000
Change: +17% · Conversion: Easy
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±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
$204 / 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
$36,688
Tax year 2024
Assessed value
$2,692,475
Assessed 2024
Previous assessed
$2,692,475
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$1,416,136
Assessed improvement
$1,276,339
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
NONE
Stories
1
Total area
5,677 SF
Lot
0.14 ac (6,151 SF)
Zoning code
LBCNP
APN
7249-017-013
UPID
US09-6353097
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
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.8M
RETAIL STORES
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Mitchell Land & Improvement Co
Entity
Free & Clear · 14 yrs held
Mailing address
5375 E 2ND ST STE #200, LONG BEACH, CA 90803-5348
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2012
$1,841,000
Mitchell Land & Improvement Co
5375 E 2nd Street LLC
Grant Deed
—
Apr 5, 2012
$1,550,000
5375 E 2nd Street LLC
Old Republic Title Co
Trustees Deed
related
—
Aug 2, 2006
—
Jerry Nicholson
Nicholson,margaret
Quit Claim Deed
related
—
Aug 2, 2006
$1,100,000
Jerry Nicholson
Treffry,dennis
Grant Deed
$2,400,000 · Bank Of America
Feb 1, 2006
—
Jerry Nicholson
Nicholson,margie
Quit Claim Deed
$550,000 · Raoul Treffry
Jan 13, 2006
—
Raoul Treffry
Davies,viviana
Grant Deed
—
Jul 15, 2002
—
R Treffry
Treffry,r
Quit Claim Deed
related
—
Apr 5, 2002
—
Renata M Treffry
Treffry,r M Tr
Quit Claim Deed
related
—
Jul 23, 2001
—
Treffry,renata M Trustee
Treffry,r M
Quit Claim Deed
related
—
May 31, 2001
—
Renata M Treffry
Treffry,r M Trustee
Quit Claim Deed
related
—
May 31, 2001
$261,000
Renata M Treffry
Anderson Trust
Grant Deed
related
$235,000 · Farmers & Merchants Bk Lng Bch
Jul 1, 1998
$75,000
Treffry Trust
Friedland,maria
Grant Deed
—
Jul 31, 1997
$75,000
Treffry Trust
Reino,john
Grant Deed
related
—
Jan 24, 1994
—
Treffry,renata M Trustee
Treffry,r M
Quit Claim Deed
related
—
Aug 31, 1990
$292,500
Renata M Treffry
Nangle Donald L
Grant Deed
—
—
—
Mitchell Land & Improvement Co
—
Deed Of Trust
related
$2,950,000 · Farmers & Merchants Bk/lng Bch
—
—
Mitchell Land & Improvement Co
—
Deed Of Trust
related
$3,000,000 · Farmers & Merchants Bk Lng Bch
—
—
Renata M Treffry
—
Deed Of Trust
related
$134,000 · Farmers & Merchants Bk Lng Bch
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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