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Property profile & analytics
OFF-MARKET
Estimated value
$28,920,000
Apartment buildings
5945 Pacific Coast Hwy, Long Beach, CA 90803-4907
Trust Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-8291940
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1974
Construction
WOOD
Total area
200,280 SF
Lot
13.17 ac (573,806 SF)
Zoning code
LBPD1
APN
7237-023-009
UPID
US09-8291940
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
$28.92M
Owner & transaction history
Marks,rita J Living Trust · 11 yrs held
Marks,rita J Living Trust
since 2014
7 recorded transactions
Zoning & alternative use
LBPD1 · 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
$144 / 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
$495,150
Tax year 2024
Assessed value
$35,058,595
Assessed 2024
Previous assessed
$35,058,595
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$9,665,977
Assessed improvement
$25,392,618
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
NONE
Buildings
5
Units
296
Bathrooms
56
Total area
200,280 SF
Lot
13.17 ac (573,806 SF)
Zoning code
LBPD1
APN
7237-023-009
UPID
US09-8291940
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBPD1 · Long Beach, CA
Zoning LBPD1 · permitted uses
LBPD1 · 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
1974
Construction
WOOD
Heating
NONE
Buildings
5
Units
296
Bathrooms
56
Lot
13.17 ac
Current owner
From public records · entity-resolved
Marks,rita J Living Trust
Trust
Mailing address
PO BOX 4747, OAK BROOK, IL 60522-4747
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2014
—
Marks,rita J Living Trust
Marks,rita J
Quit Claim Deed
related
—
Dec 30, 1999
$907,000
Essex,portfolio
Sanpablo Medical Investor,
Trustees Deed
—
Dec 30, 1999
—
Essex,portfolio
Gilroy,assocs
Trustees Deed
related
—
Jun 14, 1994
—
Essex Portfolio LP
Salt Pepper Tree
Trustees Deed
related
$42,600,000 · Northwestern Mutual Life Ins
Jul 9, 1991
$1,153,500
Gilroy Assoc
Essex Pathways
Trustees Deed
related
—
Jul 9, 1991
$458,500
San Pablo Medica
Essex Pathways
Trustees Deed
related
—
—
—
Bixby Ranch Co
—
Deed Of Trust
related
—
—
—
Pathways L Essex
—
Deed Of Trust
related
$15,750,000 · Bankers Mutual
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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