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Property profile & analytics
OFF-MARKET
Estimated value
$10,760,000
Community centers
5808 Downey Ave Long Beach, CA 90805-4517
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0445189
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1978
Construction
TILT-UP CONCRETE
Total area
59,058 SF
Lot
6.57 ac (286,327 SF)
Zoning code
LBCCA
APN
7160-017-006
UPID
US10-0445189
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
-
OK Beauty Supply (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.45M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.76M
Owner & transaction history
Lb South & Downey LLC · 21 yrs held
Lb South & Downey LLC
since 2004
6 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$15,655,000
6.5%
$14,450,000
7%
$13,415,000
Blend value · Realmo final
$10.76M
Range $9.68M – $11.84M · ±10%
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
$182 / 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
$195,805
Tax year 2024
Assessed value
$12,716,018
Assessed 2024
Previous assessed
$12,716,018
+0.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$6,231,631
Assessed improvement
$6,484,387
Applied tax rate
7.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
5
Stories
1
Total area
59,058 SF
Lot
6.57 ac (286,327 SF)
Zoning code
LBCCA
APN
7160-017-006
UPID
US10-0445189
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
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
5
Lot
6.57 ac
Current owner
From public records · entity-resolved
Lb South & Downey LLC
Entity
Mailing address
444 W OCEAN BLVD STE #1616, LONG BEACH, CA 90802-4524
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
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
Aug 6, 2019
—
Lb South & Downey LLC
—
Deed
related
$8,500,000 · Miscellaneous Ins Co
Nov 19, 2004
—
Lb South & Downey LLC
Kirkpatrick R J Trust
Grant Deed
$4,400,000 · Prudential Mortgage Capital Co
—
—
Watt Shopping Centers INC
—
Deed Of Trust
related
$1,800,000 · Sun Life Assurance Co Canada
—
—
Lb South & Downey LLC
—
Deed Of Trust
related
$8,500,000 · Miscellaneous Ins Co
—
—
Bally Total Fitness Of Ca INC
—
Deed Of Trust
related
—
—
—
Lb South & Downey LLC
—
Deed Of Trust
related
$6,400,000 · Miscellaneous Ins Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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