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Property profile & analytics
OFF-MARKET
Parking lots & garages
5668 2nd St 5670 Long Beach, CA 90803-3904
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-9097890
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1955
Construction
WOOD
Total area
6,400 SF
Lot
0.15 ac (6,370 SF)
Zoning code
LBCL*
APN
7244-010-033
UPID
US09-9097890
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
Benjamin Knight · 1 yrs held
Benjamin Knight
since 2024
7 recorded transactions
Zoning & alternative use
LBCL* · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Districts Established
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
$1,592
Tax year 2024
Assessed value
$115,773
Assessed 2024
Previous assessed
$115,773
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$115,331
Assessed improvement
$442
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1955
Construction
WOOD
Heating
NONE
Total area
6,400 SF
Lot
0.15 ac (6,370 SF)
Zoning code
LBCL*
APN
7244-010-033
UPID
US09-9097890
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCL* · Long Beach, CAZoning LBCL* · permitted uses
LBCL* · Long Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Districts Established
Building & site characteristics
From public records
Year built
1955
Construction
WOOD
Heating
NONE
Lot
0.15 ac
Current owner
From public records · entity-resolved
Benjamin Knight
Individual
Mailing address
2936 PO BOX 3542ND DR, LONG BEACH, CA 90803-0542
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2024
$250,000
Benjamin Knight
John Knight
Quit Claim Deed
related
$8,000,000 · Symetra Life Insurance Co
Aug 29, 2024
—
5670 LLC
Benjamin Knight
Grant Deed
$8,000,000 · Symetra Life Insurance Co
Aug 2, 2024
—
5670 LLC
Joan F Knight
Grant Deed
—
Apr 2, 2024
—
Helen Aulaina Knight
Helen Aulaina Hansen
Intrafamily Transfer
related
—
May 16, 2017
—
Knight,john & Elizabeth Trust
Knight,john F II & Elizabeth
Quit Claim Deed
related
—
May 13, 2005
—
Hansen Joe & Aulaina Trust
Knight,helen A
Grant Deed
—
Dec 28, 2000
—
Knight,john F & Joan F Trustees
Knight,b F
Quit Claim Deed
related
—
Oct 23, 1989
—
John F Knight
Knight Benjamin
Quit Claim Deed
related
—
Jul 24, 1989
—
Benjamin Knight
Knight Ben F And
Quit Claim Deed
related
—
Jan 17, 1972
—
—
—
Grant Deed
related
—
—
—
Knight Trust
—
Deed Of Trust
related
$400,000 · Farmers & Merchants Bk Lng Bch
—
—
Knight Trust
—
Deed Of Trust
related
$700,000 · 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.
Try Rey
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