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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    702 Anaheim St Long Beach, CA 90813-2820

    • Warehouses
    • 26,957 SF
    • 1.17 lot acres
    OFF-MARKET
    Value Estimations
    $915,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6875906
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Long Beach winter homeless shelter / Homeless Shelter
    • Build Perfect ADU Los Angeles / General Contractor

    Property Details for 702 Anaheim St

    Year built
    1920
    Construction
    TILT-UP CONCRETE
    Lot size
    1.17 lot acres
    Property size
    26,957 SF
    Zone code
    LBIL
    Property type
    Warehouses
    APN
    7271-005-900
    APU
    7271005900

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $700,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,124,000
      Market price range: $720k - $2.81M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.2
    Latitude
    33.7821
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $35,954
    $1,595,927
    $1,057,792
    $2,653,719
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $290,000
      0.02 Acres

      Long Beach, CA 90813

      WAREHOUSE, STORAGE • 0.02 Acres
      Long Beach, CA 90813
      View Details
    • Value Estimation
      $270,000
      4,254 SF

      1850 9th St

      WAREHOUSE, STORAGE • 4,254 SF
      1850 9th St, Long Beach, CA 90813-2614
      View Details
    • Value Estimation
      $290,000
      7,488 SF

      701 Gardenia Ave

      WAREHOUSE, STORAGE • 7,488 SF
      701 Gardenia Ave, Long Beach, CA 90813
      View Details
    • Value Estimation
      $390,000
      6,500 SF

      1208 Gaviota Ave

      WAREHOUSE, STORAGE • 6,500 SF
      1208 Gaviota Ave, Long Beach, CA 90813-3816
      View Details
    • Value Estimation
      $800,000
      17,710 SF

      1400 Canal Ave

      WAREHOUSE, STORAGE • 17,710 SF
      1400 Canal Ave, Long Beach, CA 90813-1219
      View Details
    • Value Estimation
      $675,000
      29,892 SF

      724 Anaheim St

      WAREHOUSE, STORAGE • 29,892 SF
      724 Anaheim St, Long Beach, CA 90813-2820
      View Details

    Similar Nearby for Sale

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      21,300 SF

      Long Beach Warehouse For Sale

      Freestanding warehouse with secured yard and high power capacity.
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    • $770,000
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      Freestanding Industrial Building in Long Beach

      Functional industrial building with secure yard, close to ports.
      1345 W Gaylord St, Long Beach, CA 90813
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    • $2,095,000
      7,640 SF

      Industrial Warehouses Near 710 Freeway

      Two warehouses with excellent visibility and access near 710.
      1601-1609 W Anaheim St, Long Beach, CA 90813
      View Details
    • Contact for pricing
      4,830 SF

      Industrial Warehouse with Large Yard

      Industrial warehouse with a large yard in a port-adjacent location.
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      View Details
    • Contact for pricing
      18,259 SF

      Industrial Property with Crane

      Two buildings on approximately 1.21 acres in Long Beach.
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    • $800,000
      2,800 SF

      Free Standing Warehouse with Yard

      Warehouse with fenced yard and easy freeway access for sale.
      1531 W Cowles St, Long Beach, CA 90813
      View Details

    Similar Nearby for Lease

    • $1.23 SF/Yr
      2,400 SF

      Signal Hill Warehouse Space Available

      Available warehouse space in a multi-tenant building in Signal Hill.
      2700 Rose Ave, Signal Hill, CA 90813
      View Details
    • $1.50 SF/Yr
      6,400 SF

      Long Beach Warehouse Space Available

      Warehouse space for sublease with freeway access and port proximity.
      1444 Daisy Ave, Long Beach, CA 90813
      View Details
    • $1.20 SF/Yr
      10,400 SF

      Industrial Building with Fenced Yard

      Freestanding industrial building with renovated office and fenced storage.
      2135 W 15Th St, Long Beach, CA 90813
      View Details
    • $1.00 SF/Yr
      4,880 SF

      Freestanding Warehouse Near Ports

      Updated warehouse building with bonus yard space near Long Beach.
      1526 Seabright Ave, Long Beach, CA 90813
      View Details
    • Contact for pricing
      61,553 SF

      Distribution Facility Near 710 Fwy

      Distribution facility with office space near the Port of Long Beach.
      929 W Anaheim St, Long Beach, CA 90813
      View Details
    • $1.60 SF/Yr
      32,480 SF

      Small Industrial Unit Near Ports

      Industrial unit with easy access to ports and freeways.
      1305-1339 Oregon Ave, Long Beach, CA 90813
      View Details
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    702 Anaheim St
    Long Beach, CA 90813-2820
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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