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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Investment properties
623 Long Bch Blvd Compton, CA 90221-4026
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9627660
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1957
Construction
WOOD
Total area
2,692 SF
Lot
0.16 ac (7,060 SF)
Zoning code
COCL*
APN
6179-028-015
UPID
US09-9627660
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
-
Compton Hair Mechanics Barber Shop
-
Luxe & Glam Inc (Bike/Boat/Book/etc) Store Cosmetic Store
-
Trasie Johnson Counselor
-
Girlie Thingz Nail Salon
-
Sunday I. Okoro, Counselor Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
$840k
Comparable Approach
Comparable
$680k
Blend (final)
Blend
$950k
Owner & transaction history
623 Long Beach LLC · 2 yrs held
623 Long Beach LLC
since 2024
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
COCL* · Compton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+99.9%
Warehouse, storage
$925,000
+50.8%
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 Compton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Compton 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
$950,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
$910,000
6.5%
$840,000
7%
$780,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$610,000
Current use
MEDICAL BUILDING
$1,225,000
Change: +100% · Conversion: Easy
WAREHOUSE, STORAGE
$925,000
Change: +51% · Conversion: Difficult
AUTO REPAIR, GARAGE
$600,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $950k (Feb 16 2024)
Last sale anchor
$950k
Feb 16 2024
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
$353 / 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
$8,455
Tax year 2024
Assessed value
$417,169
Assessed 2024
Previous assessed
$417,169
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$204,979
Assessed improvement
$212,190
Applied tax rate
2.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1957
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,692 SF
Lot
0.16 ac (7,060 SF)
Zoning code
COCL*
APN
6179-028-015
UPID
US09-9627660
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
COCL* · Compton, CA
Zoning COCL* · permitted uses
COCL* · Compton, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Compton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$610,000
MEDICAL BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$925,000
AUTO REPAIR, GARAGE
Est. value
$600,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1957
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
623 Long Beach LLC
Entity
Mailing address
1509 FISHER CIR, PLACENTIA, CA 92870-2501
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2024
$950,000
623 Long Beach LLC
Danny Farshadfar
Grant Deed
$1,160,000 · Ready Capital Corp
Feb 16, 2024
—
Danny Farshadfar
Compton Partners LLC
Grant Deed
—
Jan 29, 2008
—
Compton Partners LLC
Tahmassebi,rose A
Quit Claim Deed
related
—
Apr 11, 2005
—
Rosa A Tahmassebi
Tahmassebi,ali R
Quit Claim Deed
related
—
Apr 11, 2005
$275,000
Rosa A Tahmassebi
Chen,paul P
Grant Deed
$140,000 · Paul P Chen
Jul 1, 1991
$82,000
Paul P Chen
Alexander,joe
Trustees Deed
$81,596
—
—
Rosa A Tahmassebi
—
Deed Of Trust
related
$160,000 · Amir A Tahmasebi
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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