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Property profile & analytics
OFF-MARKET
Estimated value
$34,540,000
Warehouses
5860 Paramount Blvd Long Beach, CA 90805-3708
Trust Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6408121
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Construction
TILT-UP CONCRETE
Total area
132,404 SF
Lot
4.84 ac (210,652 SF)
Zoning code
LBIG
APN
7121-011-015
UPID
US09-6408121
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
-
Ta Chen International Inc. Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$28.91M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$34.54M
Owner & transaction history
Centerpoint Properties Trust · 5 yrs held
Centerpoint Properties Trust
since 2020
Last sale
$36.4M
6 recorded transactions
Zoning & alternative use
LBIG · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$46.9M
+27.4%
Auto repair, garage
$41.9M
+13.8%
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
$36,450,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$31,315,000
6.5%
$28,905,000
7%
$26,840,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$36,790,000
Current use
OFFICE BUILDING
$46,885,000
Change: +27% · Conversion: Difficult
AUTO REPAIR, GARAGE
$41,880,000
Change: +14% · Conversion: Easy
RETAIL STORES
$34,380,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$34.54M
Range $31.09M – $37.99M · ±10% · vs last sale $36.40M (Oct 19 2020)
Last sale anchor
$36.40M
Oct 19 2020
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
$261 / 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
$604,886
Tax year 2024
Assessed value
$48,302,619
Assessed 2024
Previous assessed
$48,302,619
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$15,302,619
Assessed improvement
$33,000,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
132,404 SF
Lot
4.84 ac (210,652 SF)
Zoning code
LBIG
APN
7121-011-015
UPID
US09-6408121
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBIG · Long Beach, CA
Zoning LBIG · permitted uses
LBIG · 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
WAREHOUSE, STORAGE Current
Est. value
$36.8M
OFFICE BUILDING
Est. value
$46.9M
AUTO REPAIR, GARAGE
Est. value
$41.9M
RETAIL STORES
Est. value
$34.4M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
4.84 ac
Current owner
From public records · entity-resolved
Centerpoint Properties Trust
Trust
Mailing address
1808 SWIFT DR STE A, OAK BROOK, IL 60523-1591
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Oct 19, 2020
$36,400,000
Centerpoint Properties Trust
Ta Chen International INC
Grant Deed
—
Mar 12, 2008
$9,100,000
Ta Chen International INC
Wells Lloyd Trust
Grant Deed
—
Feb 27, 2006
—
Wells Lloyd H Gift Trust
—
Deed Of Trust
related
$10,000,000 · Bank Of The West
Dec 31, 2001
—
Wells,lloyd H Tr
United Rentals No America
Grant Deed
related
—
Aug 23, 1991
$2,431,000
Fhp INC
Boswell Trust
Grant Deed
—
—
—
Ta Chen International INC
—
Deed Of Trust
related
$5,460,000 · Bank Of Taiwan
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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