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Property profile & analytics
OFF-MARKET
Estimated value
$1,885,000
Parking lots & garages
Long Beach, CA 90805
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9448871
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1968
Total area
4,855 SF
Lot
0.11 ac (4,815 SF)
Zoning code
LBCC-R2N*
APN
7133-032-051
UPID
US09-9448871
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.89M
Owner & transaction history
The Church Of God Divine Commandmen · 4 yrs held
The Church Of God Divine Commandmen
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
LBCC-R2N* · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Districts Established
Top alternative use upside
Neighborhood: shopping center
$2.9M
+71.6%
Office building
$1.7M
+2.8%
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 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
$1,260,000
ML approach
$1,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$1,670,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,870,000
Change: +72% · Conversion: Difficult
OFFICE BUILDING
$1,720,000
Change: +3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,535,000
Change: -8% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,350,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±10% · vs last sale $1.90M (Jul 20 2022)
Last sale anchor
$1.90M
Jul 20 2022
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
$388 / 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
$60
Tax year 2024
Assessed value
$392,700
Assessed 2024
Previous assessed
$392,700
+0.0% YoY
Effective rate
0.02%
On assessed value
Assessed land
$387,600
Assessed improvement
$5,100
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1968
Heating
NONE
Total area
4,855 SF
Lot
0.11 ac (4,815 SF)
Zoning code
LBCC-R2N*
APN
7133-032-051
UPID
US09-9448871
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCC-R2N* · Long Beach, CAZoning LBCC-R2N* · permitted uses
LBCC-R2N* · Long Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Districts Established
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
OFFICE BUILDING
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.4M
PARKING LOT Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1968
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
The Church Of God Divine Commandmen
Entity
Mailing address
708 E SILVA ST, LONG BEACH, CA 90807-1029
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Jul 20, 2022
$1,900,000
The Church Of God Divine Commandmen
Word Of God Ministries
Grant Deed
$900,000 · The Hayward Family Trust
Dec 24, 2019
—
Word Of God Ministries
—
Deed
related
$359,000 · Home Savings Bank
Oct 15, 2014
$925,000
Word Of God Ministries
Epicenter Church Of Long Beach
Grant Deed
$395,000 · Epicenter Church Of Long Beach
Feb 18, 2005
—
Epicenter Church Of Long Beach
Epicenter Church Of Long Beach
Grant Deed
related
$160,000 · Farmers & Merchants Bank Of Long Be
—
—
Apostolic Tabernacle INC
—
Deed Of Trust
related
$100,000 · Woodland Hills Mtg Banking Co
—
—
Apostolic Lighthouse Minstries
—
Deed Of Trust
related
$120,000 · Farmers & Mechanics Bank
—
—
Apostolic Lighthouse Ministrie
—
Deed Of Trust
related
$40,000 · Farmers & Merchants Bk Lng Bch
Mar 17, 1967
—
Apostolic Tabernacle INC
—
Grant Deed
related
—
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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