Trust Owned Property summary
AI-generated overview
This exceptional retail opportunity presents two available spaces totaling 12,339 square feet within a free-standing, two-story building located at 5470 E 2nd St, Long Beach, CA 90803. The property sits on a 14,430 square foot lot and was built in 1993. Individual spaces range from 2,009 to 4,889 square feet, offering flexibility for various retail uses. The building is zoned LBCNP and boasts a highly visible location in the desirable Belmont Shore area of Naples Island, benefiting from significant foot traffic. Its strategic position between Belmont Shore's established shopping district and the new 2nd & PCH shopping center provides unparalleled access to a thriving customer base. The property's previous tenant was a successful sushi restaurant, demonstrating the location's appeal to upscale clientele. Tenant improvement options are available. This is an ideal opportunity for businesses seeking a prominent presence in one of Long Beach's most coveted retail markets. The Los Angeles County Assessor's Parcel Number (APN) is 7244014038.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1993
Construction
WOOD
Total area
9,231 SF
Lot
0.33 ac (14,431 SF)
Zoning code
LBCNP
APN
7244-014-038
UPID
US09-7012526
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
(Bike/Boat/Book/etc) Store
-
Car Rental Facility
-
Construction Company General Contractor
-
Carpet Cleaning Service Oriental Rug Store
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.43M
Owner & transaction history
since 2006
4 recorded transactions
Zoning & alternative use
LBCNP · Long Beach, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.43M
Value range
$1.29M – $1.57M
±10% around blend
Estimated value / SF
$155 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
60
$1.29M
blend $1.43M
$1.57M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,231 SF
Lot area
0.33 ac
Year built
1993
Stories
1
APN
7244-014-038
Zoning
LBCNP
Assessed value
$2,488,285
Annual tax
$35,571
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$5.61M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.1 mi away · 10,401 SF
2.8 mi away · 6,794 SF
3.7 mi away · 7,744 SF
5.7 mi away · 6,960 SF
6.0 mi away · 10,991 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.43M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 180 sales
$240
-35%
County 2504 sales
$309
-50%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $155/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.49M
Move the market yield to see immediate price impact.
Value / SF
$270
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$157k
$3.14M
$2.24M
$1.74M
$174k
$3.48M
$2.49M
$1.94M
$192k
$3.83M
$2.74M
$2.13M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$9.90M
0.3 mi · Oct 2025 · $1,124/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$35,571
Tax year 2024
Assessed value
$2,488,285
Assessed 2024
Previous assessed
$2,488,285
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$1,876,613
Assessed improvement
$611,672
Applied tax rate
5.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1993
Construction
WOOD
Heating
NONE
Stories
1
Total area
9,231 SF
Lot
0.33 ac (14,431 SF)
Zoning code
LBCNP
APN
7244-014-038
UPID
US09-7012526
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCNP · Long Beach, CAZoning LBCNP · permitted uses
LBCNP · Long Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1993
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.33 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LBCNP
Jurisdiction
Long Beach, CA
Recorded code
LBCNP
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LBCNP in Long Beach, CA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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