Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,635,000
Warehouses
6859 Downey Ave Long Beach, CA 90805-1967
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0460107
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
TILT-UP CONCRETE
Total area
19,570 SF
Lot
0.8 ac (34,956 SF)
Zoning code
LBIM
APN
7113-015-056
UPID
US10-0460107
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
-
Lubeco Inc Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.27M
Comparable Approach
Comparable
$2.87M
Blend (final)
Blend
$3.64M
Owner & transaction history
6859 Downey Avenue Acquisition Co L · 1 yrs held
6859 Downey Avenue Acquisition Co L
since 2025
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
LBIM · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,630,000
6.5%
$4,270,000
7%
$3,965,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,440,000
Current use
RETAIL STORES
$5,080,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$3.64M
Range $3.27M – $4.00M · ±10% · vs last sale $3.70M (Mar 16 2025)
Last sale anchor
$3.70M
Mar 16 2025
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
$186 / 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
$20,665
Tax year 2024
Assessed value
$1,423,212
Assessed 2024
Previous assessed
$1,423,212
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$496,405
Assessed improvement
$926,807
Applied tax rate
4.0000
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
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
19,570 SF
Lot
0.8 ac (34,956 SF)
Zoning code
LBIM
APN
7113-015-056
UPID
US10-0460107
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBIM · Long Beach, CA
Zoning LBIM · permitted uses
LBIM · 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
$5.4M
RETAIL STORES
Est. value
$5.1M
WAREHOUSE, STORAGE Current
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
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
6859 Downey Avenue Acquisition Co L
Entity
Mailing address
11142 BERMUDA ST, CERRITOS, CA 90703-1639
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Jun 16, 2025
$3,700,000
6859 Downey Avenue Acquisition Co L
6859 Downey Avenue LLC
Grant Deed
—
May 30, 2002
—
Steven R Rossi
Lubeco INC
Grant Deed
related
—
Apr 30, 1998
—
Rossi,steven R & Nancy J Co-trus
Rossi,s R
Quit Claim Deed
related
—
Feb 7, 1996
—
Mitchell S Rossi
Rossi,j
Quit Claim Deed
related
—
Feb 7, 1996
$127,000
Rossi,steven R
Rossi,mitchell S
Trustees Deed
related
—
Oct 21, 1994
—
Steven R Rossi
Rossi,s R Co-trustee
Quit Claim Deed
related
—
Oct 21, 1992
—
Rossi Pauline Tr
—
Deed Of Trust
related
—
—
—
Rossai Trust
—
Deed Of Trust
related
$400,000 · Bank Of America
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6859 Downey Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
