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Property profile & analytics
OFF-MARKET
Estimated value
$13,065,000
Apartment buildings
11451 186th St Artesia, CA 90701-5562
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7602585
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Construction
WOOD
Total area
76,300 SF
Lot
2.31 ac (100,750 SF)
Zoning code
ATMRV*
APN
7039-008-030
UPID
US09-7602585
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
-
FOX Corporate Housing Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.07M
Owner & transaction history
Artesia LP Eaves · 14 yrs held
Artesia LP Eaves
since 2012
7 recorded transactions
Zoning & alternative use
ATMRV* · 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
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$20,125,000
Current use
Blend value · Realmo final
$13.07M
Range $11.76M – $14.37M · ±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
$171 / 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
$302,462
Tax year 2024
Assessed value
$24,304,840
Assessed 2024
Previous assessed
$24,304,840
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$5,713,825
Assessed improvement
$18,591,015
Applied tax rate
1.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Buildings
2
Units
101
Bathrooms
105
Total area
76,300 SF
Lot
2.31 ac (100,750 SF)
Zoning code
ATMRV*
APN
7039-008-030
UPID
US09-7602585
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ATMRV* · Artesia, CA
Zoning ATMRV* · permitted uses
ATMRV* · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$20.1M
APARTMENT HOUSE (5+ UNITS) 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
1973
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Units
101
Bathrooms
105
Lot
2.31 ac
Current owner
From public records · entity-resolved
Artesia LP Eaves
Entity
Mailing address
671 N GLEBE RD STE #800, ARLINGTON, VA 22203-2138
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2012
$19,732,000
Artesia LP Eaves
Wb-nnc Paseo De Los Cerritos O
Grant Deed
—
Jul 9, 2010
—
Paseo De Los Cerritos O Wb-nnc
—
Deed Of Trust
related
$16,030,200 · Capmark Bank
Mar 30, 2007
$19,075,000
Paseo De Los Cerritos O Wb-nnc
Paseo De Los Cerritos
Grant Deed
related
$16,030,200 · Capmark Bank
Dec 17, 2001
—
Delos Cerritos Paseo
Paseo Delos Cerritos Phase 1&2
Quit Claim Deed
related
—
Nov 30, 1972
—
De Los Cerritos Paseo
—
Grant Deed
related
—
—
—
De Los Cerritos I Paseo
—
Deed Of Trust
related
$4,100,000 · Arcs Mortgage INC
—
—
De Los Cerritos Paseo
—
Deed Of Trust
related
$4,812,000 · Arcs Commercial Mortgage Co LP
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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