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Property profile & analytics
OFF-MARKET
Turn key restaurants
6240 Long Bch Blvd Long Beach, CA 90805-2160
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6635775
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1946
Construction
WOOD
Total area
1,397 SF
Lot
0.07 ac (2,951 SF)
Zoning code
LBCCA
APN
7307-009-006
UPID
US09-6635775
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
-
Anthony & Sons Plumbing & Water Heaters Plumbing Service General Contractor
-
Liga MX USA Sports School Gym & Fitness Center
-
Peterson Brothers Pest Control Service Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gene Francisco Gilbert · 2 yrs held
Gene Francisco Gilbert
since 2024
Last sale
$278,000
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,190
Tax year 2024
Assessed value
$304,030
Assessed 2024
Previous assessed
$304,030
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$164,045
Assessed improvement
$139,985
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,397 SF
Lot
0.07 ac (2,951 SF)
Zoning code
LBCCA
APN
7307-009-006
UPID
US09-6635775
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
1946
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Gene Francisco Gilbert
Individual
Free & Clear · 2 yrs held
Mailing address
18716 STEFANI AVE, CERRITOS, CA 90703-8439
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2024
—
Gene Francisco Gilbert
Gene Francisco Gilbert
Intrafamily Transfer
related
—
Feb 26, 2019
$278,000
Gilbert G Francisco
Hong,steven
Grant Deed
—
Feb 26, 2019
—
Gilbert G Francisco
Francisco,muninda
Quit Claim Deed
related
—
Dec 28, 2010
$170,000
Steven Hong
Golden Sec Bk
Grant Deed
$145,000 · Centerbank
Dec 28, 2010
—
Steven Hong
Park,esther C
Quit Claim Deed
related
—
Sep 14, 2009
$297,645
Golden Sec Bk
American Trust Deed Svcs
Trustees Deed
related
—
Jul 26, 2007
—
Jeffrey Hiatt
Hiatt,angela D
Quit Claim Deed
related
—
Jul 26, 2007
$345,000
Jeffrey Hiatt
Rosales,esteban
Grant Deed
$275,000 · Golden Security Bank
Sep 7, 1995
—
Esteban R Cobarrubias
Hernandez,j R & B
Quit Claim Deed
related
—
Sep 17, 1993
$95,000
Esteban R Cobarrubias
Wright,earl R
Grant Deed
$85,000 · Individual
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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