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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Retail space
5842 Naples Plz, Long Beach, CA 90803-5039
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US10-0447758
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Construction
WOOD
Total area
2,343 SF
Lot
0.05 ac (2,340 SF)
Zoning code
LBCNP
APN
7243-012-008
UPID
US10-0447758
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
-
Riverview Hearing Speech Center Physician
-
Kelly M Reavis Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$400k
CAP Approach
CAP
$595k
Comparable Approach
Comparable
$392k
Blend (final)
Blend
$555k
Owner & transaction history
Kip C Cyprus · 8 yrs held
Kip C Cyprus
since 2018
7 recorded transactions
Zoning & alternative use
LBCNP · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$830,000
+26.0%
Auto repair, garage
$740,000
+12.6%
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
$400,000
CAP Approach
CAP Return
Estimation
6%
$645,000
6.5%
$595,000
7%
$550,000
Alternative Use
Use
Estimation
RETAIL STORES
$660,000
Current use
OFFICE BUILDING
$830,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$740,000
Change: +13% · Conversion: Difficult
WAREHOUSE, STORAGE
$650,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$560,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$237 / 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
$16,643
Tax year 2024
Assessed value
$1,305,418
Assessed 2024
Previous assessed
$1,305,418
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$652,709
Assessed improvement
$652,709
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1948
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
2,343 SF
Lot
0.05 ac (2,340 SF)
Zoning code
LBCNP
APN
7243-012-008
UPID
US10-0447758
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCNP · Long Beach, CA
Zoning LBCNP · permitted uses
LBCNP · 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
RETAIL STORES Current
Est. value
$660,000
OFFICE BUILDING
Est. value
$830,000
AUTO REPAIR, GARAGE
Est. value
$740,000
WAREHOUSE, STORAGE
Est. value
$650,000
COMMERCIAL (GENERAL)
Est. value
$560,000
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1948
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Kip C Cyprus
Individual
Mailing address
5452 PO BOX 410TH DR, SUNSET BEACH, CA 90742-0410
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2019
—
Kip C Cyprus
—
Deed
related
$500,000 · Bank Of Hemet
Sep 19, 2018
—
Kip C Cyprus
—
Deed
related
$540,000 · Friendly Hills Bank
May 29, 2018
—
Kip C Cyprus
Cyprus,amy L
Quit Claim Deed
related
—
May 29, 2018
$83,000
Kip C Cyprus
Hitzke,daniel L
Grant Deed
—
Feb 26, 2018
—
John Greenberg
Greenberg,courtney
Quit Claim Deed
related
—
Jun 8, 2017
—
Kip C Cyprus
Greenberg,john
Quit Claim Deed
related
—
May 11, 2017
—
Daniel L Hitzke
Lbc Holdings LLC
Quit Claim Deed
related
—
Apr 27, 2017
$910,000
Lbc Holdings LLC
Lbc Holdings LLC
Grant Deed
related
—
Jun 19, 2014
$790,000
Lbc Holdings LLC
Gregory Aumann
Grant Deed
$590,000 · Community Bank
Jul 12, 2007
—
Aumann Paul Trust
Aumann Fam Survivors Trust
Quit Claim Deed
related
—
Oct 2, 2006
—
Aumann Family Trust
Aumann Family Trust
Quit Claim Deed
related
—
May 31, 2005
—
Aumann Family Trust
Aumann,patricia A
Affidavit Of Death
related
—
—
—
Kip C Cyprus
—
Deed Of Trust
related
$500,000 · Bank Of Hemet
—
—
Kip C Cyprus
—
Deed Of Trust
related
$500,000 · Bank Of Hemet
Apr 29, 1963
—
—
—
Grant Deed
related
—
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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