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Property profile & analytics
FOR LEASE
Office buildings
11428 Artesia Blvd, Artesia, CA 90701
Trust Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6412884
For Lease
1 / 4
$2 SF/Yr
11428 Artesia Blvd, Artesia, CA 90701
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
TILT-UP CONCRETE
Total area
10,008 SF
Lot
0.39 ac (16,873 SF)
Zoning code
ATCG*
APN
7035-005-051
UPID
US09-6412884
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
-
Oz photo factory Photography Service (Bike/Boat/Book/etc) Store
-
Incuvation Labs LLC (Bike/Boat/Book/etc) Store Corporate Office
-
All Types Insurance Agency Insurance Agency
-
AJ Studios Inc Photography Service (Bike/Boat/Book/etc) Store
-
Embassy Financial Group, Inc. Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.40M
Blend (final)
Blend
$2.05M
Owner & transaction history
Mehta Jagdish P & Sudesh Trust · 16 yrs held
Mehta Jagdish P & Sudesh Trust
since 2010
7 recorded transactions
Zoning & alternative use
ATCG* · Artesia, 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 Artesia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Artesia 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.05M
Range $1.84M – $2.25M · ±10%
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
$204 / 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
$20,244
Tax year 2024
Assessed value
$1,382,432
Assessed 2024
Previous assessed
$1,382,432
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$887,347
Assessed improvement
$495,085
Applied tax rate
13.0000
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
For Lease
Year built
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
10,008 SF
Lot
0.39 ac (16,873 SF)
Zoning code
ATCG*
APN
7035-005-051
UPID
US09-6412884
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ATCG* · Artesia, CA
Zoning ATCG* · permitted uses
ATCG* · Artesia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Artesia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Mehta Jagdish P & Sudesh Trust
Trust
Mailing address
18733 ROCHELLE AVE, CERRITOS, CA 90703-6010
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2010
—
Mehta Jagdish P & Sudesh Trust
Mehta,jagdish P & Sudesh
Quit Claim Deed
related
—
Sep 11, 2007
$775,000
Jagdish P Mehta
Kaura Family Living Trust
Grant Deed
$1,300,000 · Nara Bank
May 8, 2003
$241,000
Jagdish P Mehta
Dogra,tr
Grant Deed
related
$463,800 · Wells Fargo Home Mortgage INC
Feb 4, 2002
—
Kaura,vinod & Venna Tr
Kaura,v & V
Quit Claim Deed
related
—
Mar 14, 2000
—
Jagdish P Mehta
Dogra,s V & B K Trustees
Quit Claim Deed
related
—
Feb 29, 2000
—
Dogra Suresh V
Mehta,j P & S
Quit Claim Deed
related
—
Sep 13, 1989
$272,000
Fmb
Eby
Grant Deed
$785,000 · Security Pacific National Bank
—
—
Mehta Jagdish P & Sudesh Trust
—
Deed Of Trust
related
$1,300,000 · Bbu Bank
—
—
Vinod Kaura
—
Deed Of Trust
related
$682,500 · First Commerce Bank
—
—
Robert C Mraz
—
Deed Of Trust
related
$600,000 · Coast Federal Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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