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Property profile & analytics
FOR LEASE
Manufacturing properties
10805 Artesia Blvd, Cerritos, CA 90703
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7602444
For Lease
1 / 2
$2,705,000
10805 Artesia Blvd, Cerritos, CA 90703
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Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1974
Construction
TILT-UP CONCRETE
Total area
15,528 SF
Lot
1.67 ac (72,644 SF)
Zoning code
CEM
APN
7034-001-004
UPID
US09-7602444
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
$2.71M
CAP Approach
CAP
$2.79M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.71M
Owner & transaction history
Elizabeth A Gildred · 5 yrs held
Elizabeth A Gildred
since 2021
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
CEM · Cerritos, 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 Cerritos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cerritos 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
$2,625,000
ML approach
$2,705,000
CAP Approach
CAP Return
Estimation
6%
$3,025,000
6.5%
$2,790,000
7%
$2,590,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,245,000
Current use
Blend value · Realmo final
$2.71M
Range $2.43M – $2.98M · ±10% · vs last sale $2.70M (Mar 1 2021)
Last sale anchor
$2.70M
Mar 1 2021
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
$174 / 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
$42,919
Tax year 2024
Assessed value
$3,395,865
Assessed 2024
Previous assessed
$3,395,865
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$2,653,020
Assessed improvement
$742,845
Applied tax rate
2.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1974
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
15,528 SF
Lot
1.67 ac (72,644 SF)
Zoning code
CEM
APN
7034-001-004
UPID
US09-7602444
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CEM · Cerritos, CA
Zoning CEM · permitted uses
CEM · Cerritos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cerritos. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.2M
INDUSTRIAL (GENERAL) Current
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
1974
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.67 ac
Current owner
From public records · entity-resolved
Elizabeth A Gildred
Individual
Free & Clear · 5 yrs held
Mailing address
701 B ST STE #1180, SAN DIEGO, CA 92101-8108
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2021
—
Elizabeth A Gildred
—
Deed
related
$1,300,000 · Manufacturers Bank
Mar 1, 2021
—
Elizabeth A Gildred
Philip L Gildred JR
Intrafamily Transfer
related
—
Jan 19, 2018
$2,704,545
Philip L Gildred JR
Cip Cerritos Industrial Park LLC
Grant Deed
$720,000 · San Diego County Cu
May 17, 2013
$1,550,000
Cip Cerritos Indusl Park LLC
Bv/cip Cerritos Industrial LLC
Grant Deed
$1,000,000 · Zions First National Bank
May 12, 2011
$800,000
Bv Of Cip Cerritos Industrial LLC
Ag Of Bpg Cerritos Industrial INC
Grant Deed
—
Jul 19, 2006
—
Ag Of Bpg Cerritos Industrial INC
Union Dev Financial
Grant Deed
—
Feb 18, 2004
$1,375,000
Union Development Co INC
Kunstler,dennis
Grant Deed
—
Feb 18, 2004
—
Dennis Kunstler
Kunstler,evelyn
Quit Claim Deed
related
—
Aug 27, 1999
—
Sherman Michael
Sherman,m & L M
Quit Claim Deed
related
—
Jul 2, 1999
—
Michael Sherman
Sherman,m & L M Trustees
Quit Claim Deed
related
—
Dec 16, 1997
—
Sherman Michael
Sherman,m & L M
Quit Claim Deed
related
—
Sep 30, 1997
—
Michael Sherman
Sherman,m & L M Trustees
Quit Claim 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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