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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Auto shops
5508 Atlantic Ave Long Beach, CA 90805-5413
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0458524
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1938
Total area
2,214 SF
Lot
0.23 ac (10,166 SF)
Zoning code
LBCCA
APN
7127-009-032
UPID
US10-0458524
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
-
Walter's Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$702k
Blend (final)
Blend
$555k
Owner & transaction history
Jvo Real Estate Holding LLC · 1 yrs held
Jvo Real Estate Holding LLC
since 2025
Last sale
$640,000
6 recorded transactions
Zoning & alternative use
LBCCA · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$785,000
+12.0%
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
$430,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$700,000
Current use
OFFICE BUILDING
$785,000
Change: +12% · Conversion: Difficult
WAREHOUSE, STORAGE
$615,000
Change: -12% · Conversion: Easy
RETAIL STORES
$575,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $640k (Oct 23 2024)
Last sale anchor
$640k
Oct 23 2024
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
$251 / 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
$10,028
Tax year 2024
Assessed value
$663,000
Assessed 2024
Previous assessed
$663,000
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$408,000
Assessed improvement
$255,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1938
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
2,214 SF
Lot
0.23 ac (10,166 SF)
Zoning code
LBCCA
APN
7127-009-032
UPID
US10-0458524
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCCA · Long Beach, CA
Zoning LBCCA · permitted uses
LBCCA · 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
AUTO REPAIR, GARAGE Current
Est. value
$700,000
OFFICE BUILDING
Est. value
$785,000
WAREHOUSE, STORAGE
Est. value
$615,000
RETAIL STORES
Est. value
$575,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1938
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Jvo Real Estate Holding LLC
Entity
Mailing address
2000 ARLINGTON AVE, LOS ANGELES, CA 90018-1457
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2025
—
Jvo Real Estate Holding LLC
—
Deed
related
$140,000 · Elizabeth Valderrama
Jan 23, 2025
$640,000
Jvo Real Estate Holding LLC
Cecily Anaraki
Grant Deed
$240,000 · Cecily Anaraki
Nov 22, 2022
$650,000
Cecily Anaraki
Chang H Kim
Grant Deed
—
Apr 9, 2004
—
Kim,tr
Kim,chang H & Kyung H
Quit Claim Deed
related
—
Oct 23, 1997
$174,000
Chang H Kim
Yim,john C & Chin C
Trustees Deed
—
Aug 14, 1997
$170,693
Chang H Kim
Yim,john C & Chin C
Trustees Deed
—
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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