New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Office buildings
853 Atlantic Ave, Long Beach, CA 90813-4546
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9518445
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1959
Construction
WOOD
Total area
8,896 SF
Lot
0.17 ac (7,501 SF)
Zoning code
LBCO
APN
7274-016-035
UPID
US09-9518445
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
-
In The Cut Barber shop Barber Shop
-
ClientsNow.com Marketing & Advertising Advertising Agency
-
c2mod Construction Company General Contractor
-
Dopeness Divine Alternative Medicine Practice
-
Property Pilot Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.03M
Owner & transaction history
Retail Center Pro LLC · 2 yrs held
Retail Center Pro LLC
since 2024
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
LBCO · 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
$1,025,000
ML approach
$1,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10% · vs last sale $1.03M (Feb 1 2024)
Last sale anchor
$1.03M
Feb 1 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
$115 / 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
$16,686
Tax year 2024
Assessed value
$1,166,270
Assessed 2024
Previous assessed
$1,166,270
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$614,425
Assessed improvement
$551,845
Applied tax rate
11.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Stories
1
Total area
8,896 SF
Lot
0.17 ac (7,501 SF)
Zoning code
LBCO
APN
7274-016-035
UPID
US09-9518445
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCO · Long Beach, CA
Zoning LBCO · permitted uses
LBCO · 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
1959
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Retail Center Pro LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2116 RIDGEVIEW TER DR, SIGNAL HILL, CA 90755-1042
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2024
—
Retail Center Pro LLC
Haig Mihranian
Intrafamily Transfer
related
—
May 16, 2017
$1,025,000
Mihranian,haig Family Trust
Lavington Finl INC
Grant Deed
$600,000 · Mihranian Mihran & N Tr (pt)
May 3, 2017
—
Lavington Finl INC
Lichfield Investments INC
Quit Claim Deed
related
—
Mar 13, 1995
$250,000
Lichfield Investments INC
Emif California LP Xx
Grant Deed
$225,000 · Lavington Financial INC
Apr 12, 1994
$250,000
Emif California Ltd Ptshp
Southwest Securi
Trustees Deed
—
—
—
Southwest Securi
—
Deed Of Trust
related
$525,000 · Homefed Bank
—
—
Southwest Securi
—
Deed Of Trust
related
$180,000 · Melnikoff Robert
—
—
Lichfield Investments INC
—
Deed Of Trust
related
$2,500,000 · Farmers & Merchants Bk Lng Bch
—
—
Lichfield Investments INC
—
Deed Of Trust
related
$150,000 · Farmers & Merchants Bk Lng Bch
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 853 Atlantic 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.
