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Property profile & analytics
OFF-MARKET
Retail space
5588 Atlantic Ave Long Beach, CA 90805-5413
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0445357
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1926
Construction
WOOD
Total area
3,740 SF
Lot
0.1 ac (4,564 SF)
Zoning code
LBCCA
APN
7127-009-034
UPID
US10-0445357
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Harold Mendenhall · 1 yrs held
Harold Mendenhall
since 2024
Last sale
$125,000
7 recorded transactions
Zoning & alternative use
LBCCA · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,444
Tax year 2024
Assessed value
$97,692
Assessed 2024
Previous assessed
$97,692
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$73,278
Assessed improvement
$24,414
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1926
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
3,740 SF
Lot
0.1 ac (4,564 SF)
Zoning code
LBCCA
APN
7127-009-034
UPID
US10-0445357
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.
Building & site characteristics
From public records
Year built
1926
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Harold Mendenhall
Individual
Free & Clear · 1 yrs held
Mailing address
6066 MYRTLE AVE, LONG BEACH, CA 90805-3021
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Oct 18, 2024
—
Harold Mendenhall
Harold Mendenhall
Intrafamily Transfer
related
—
May 25, 2016
—
Harold F Mendenhall
—
Deed
related
$300,000 · San Diego Private Bank
Jun 18, 1996
$125,000
Harold F Mendenhall
Perrone Trust
Grant Deed
$115,500 · Pacific National Bank
Apr 28, 1994
—
Perrone Leonard B
—
Deed Of Trust
related
—
Jul 14, 1993
—
Sgg Financial
Perrone,leonard
Quit Claim Deed
related
—
Sep 22, 1988
$350,000
Sgg Financial
Unknown
Grant Deed
related
—
—
—
Harold Mendenhall
—
Deed Of Trust
related
$200,000 · First Bank
—
—
Harold F Mendenhall
—
Deed Of Trust
related
$200,000 · First Security Thrift Co
—
—
Harold F Mendenhall
—
Deed Of Trust
related
$220,000 · First Security Thrift Co
—
—
Sgg
—
Deed Of Trust
related
$1,000,000 · Starkman Janice
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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