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Property profile

5400 Cherry Ave Long Beach, CA 90805

OFF-MARKET
Retail space
Property ID
US09-6395152
13,706 SF 1.23 ac lot Built 2008
Last sale May 2025 · $5,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 13,680 square foot, single-tenant retail property located at 5400 Cherry Ave, Long Beach, CA 90805. The property, built in 2008, is a freestanding building situated on a 1.21-acre lot. Currently, it's under a net lease (NNN) with Walgreens, a credit-rated tenant with a corporate guarantee, sublet to Planet Fitness. The lease expires February 28, 2034, providing a remaining term of 9.3 years. The asking price is $6,000,000, representing a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$108k
Tax billed · 2024
Assessed value$8.65M
Assessed land$5.30M
Assessed improvement$3.35M
Effective rate1.25%

Value estimate

· Oct 2026
$4.04M
$3.64M – $4.44M
CAP approach$2.92M
Submarket $/SF estimate$4.87M

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

Recently sold

What actually traded nearby?
$260/SF
ZIP average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$101 – $356
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LBIL
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency40.0
Law Firm31.4
Dental Office18.2

Location

5400 Cherry Ave Long Beach, CA 90805-5502
County assessor Recorded deeds · 4 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5401 Cherry, Long Beach, CA 90805-5501 $2,800,000 Apr 2025 6,000 SF
1429 Es, Long Beach, CA 90805-4338 $635,000 Jan 2025 5,500 SF
6082 Atlantic, Long Beach, CA 90805-3000 $1,020,000 Jan 2025 6,000 SF
5917 Atlantic, Long Beach, CA 90805-3510 $1,010,000 Nov 2024 6,690 SF
5253 Long Bch, Long Beach, CA 90805-5807 $3,500,000 Oct 2024 9,828 SF
3321 Es, Long Beach, CA 90805-4508 $478,500 Jul 2024 27,400 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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