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Property profile & analytics
OFF-MARKET
Estimated value
$2,090,000
Warehouses
11818 Clark St Arcadia, CA 91006-6000
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-7443260
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
TILT-UP CONCRETE
Total area
9,988 SF
Lot
0.45 ac (19,444 SF)
Zoning code
ARM1D*
APN
8532-016-013
UPID
US09-7443260
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
-
iKrusher Corporate Office
-
iKrusher Corporate Headquarters - Wholesale Cannabis Vape Hardware Industrial Manufacturer Production Facility
-
Ikrusher Disposable Department Store
-
Bricklayers and Allied Craftworkers Advocacy Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.00M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.09M
Owner & transaction history
Gem Investment LLC · 6 yrs held
Gem Investment LLC
since 2019
7 recorded transactions
Zoning & alternative use
ARM1D* · Arcadia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.5M
+17.8%
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 Arcadia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcadia 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%
$2,165,000
6.5%
$2,000,000
7%
$1,855,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,935,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,455,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$2.09M
Range $1.88M – $2.30M · ±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
$209 / 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
$33,808
Tax year 2024
Assessed value
$2,707,307
Assessed 2024
Previous assessed
$2,707,307
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,190,142
Assessed improvement
$1,517,165
Applied tax rate
3.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
9,988 SF
Lot
0.45 ac (19,444 SF)
Zoning code
ARM1D*
APN
8532-016-013
UPID
US09-7443260
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ARM1D* · Arcadia, CA
Zoning ARM1D* · permitted uses
ARM1D* · Arcadia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arcadia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
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
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Gem Investment LLC
Entity
Mailing address
11818 CLARK ST, ARCADIA, CA 91006-6000
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Nov 26, 2019
$2,525,000
Gem Investment LLC
Clark Family Trust
Grant Deed
—
Jul 25, 2018
$1,900,000
Clark Family Trust
Local 4 California Of The Int
Grant Deed
$600,000 · Kelton D & L F/tr (pt)
Feb 20, 2014
$1,500,000
Local 4 California Of The Internati
Paul R Andersen
Grant Deed
$1,125,000 · United Labor Bank Fsb
Nov 15, 2007
$1,775,000
Andersen Family 2004 Trust
Jenkins J J Living Trust
Grant Deed
$887,500 · Bank Of America
Nov 14, 2007
—
Andersen Family 2004 Trust
Jenkins J J Living Trust
Grant Deed
$887,500 · Bank Of America
Mar 13, 2006
—
Jenkins J J Trust
Jenkins-waterson,j J
Quit Claim Deed
related
—
Oct 11, 2000
—
John L Waterson
Clark-goldring Ltd,
Grant Deed
related
—
Feb 1, 1989
$250,500
Clarkgoldring
Interstate Excha
Trustees Deed
—
—
—
Andersen Family 2004 Trust
—
Deed Of Trust
related
$727,000 · Cdc Small Business Finance Co
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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