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Property profile & analytics
FOR SALE
Warehouses
1217 W Artesia Blvd Compton, CA 90220
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8845688
For Sale
1 / 2
$21,300,000
1217 W Artesia Blvd, Compton, CA 90220
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1969
Construction
TILT-UP CONCRETE
Total area
71,771 SF
Lot
3.26 ac (141,965 SF)
Zoning code
COMH*
APN
7319-024-037
UPID
US09-8845688
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
-
Top Hay Feed Store
-
Pera Tile Hardware & Home Improvement Carpet & Flooring Store
-
Continental Distribution (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.37M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.58M
Owner & transaction history
Wsav Artesia Owner Ix LP · 2 yrs held
Wsav Artesia Owner Ix LP
since 2023
Last sale
$21.0M
7 recorded transactions
Zoning & alternative use
COMH* · Compton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$32.6M
+22.2%
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 Compton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Compton 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
$24,180,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$15,565,000
6.5%
$14,365,000
7%
$13,340,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$26,710,000
Current use
MEDICAL BUILDING
$32,625,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$20.58M
Range $18.52M – $22.64M · ±10% · vs last sale $21.00M (Oct 23 2023)
Last sale anchor
$21.00M
Oct 23 2023
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
$287 / 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
$355,320
Tax year 2024
Assessed value
$21,000,000
Assessed 2024
Previous assessed
$21,000,000
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$9,900,000
Assessed improvement
$11,100,000
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
For Sale
Year built
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Total area
71,771 SF
Lot
3.26 ac (141,965 SF)
Zoning code
COMH*
APN
7319-024-037
UPID
US09-8845688
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
COMH* · Compton, CA
Zoning COMH* · permitted uses
COMH* · Compton, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Compton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$26.7M
MEDICAL BUILDING
Est. value
$32.6M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
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
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Lot
3.26 ac
Current owner
From public records · entity-resolved
Wsav Artesia Owner Ix LP
Entity
Mailing address
2415 MAIN ST, SANTA MONICA, CA 90405-3539
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
24 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2023
$21,000,000
Wsav Artesia Owner Ix LP
Nsa Realty Estate Investment LLC
Grant Deed
$51,500,000 · Forethought Life Insurance Company
Jul 17, 2014
$8,136,081
Nsa Realty Estate Investmetn LLC
Artescomp LLC
Grant Deed
$4,113,000 · Comerica Bank
Feb 1, 2012
$2,266,500
Artescomp LLC
Automotive Climate Controls In
Quit Claim Deed
related
—
Feb 12, 2008
—
Climate Controls In Automotive
—
Deed Of Trust
related
$3,000,000 · Hanmi Bank
Sep 21, 2006
—
Climate Controls In Automotive
—
Deed Of Trust
related
$5,000,000 · Hanmi Bank
Apr 19, 2006
—
Climate Controls In Automotive
—
Deed Of Trust
related
$3,000,000 · Hanmi Bank
Apr 5, 2005
—
Climate Controls In Automotive
—
Deed Of Trust
related
$2,000,000 · Hanmi Bank
Mar 1, 2002
—
Automotive Climate Controls
—
Deed Of Trust
related
$1,500,000 · Hanmi Bank
Nov 7, 2000
$4,392,000
Automotive Climate Controls
South Bay Industrials Co LLC
Grant Deed
$2,900,000 · Wells Fargo Bank
Jul 15, 1996
—
South Bay Industrials Co LLC
Bp 921 W Artesia Assoc LP
Grant Deed
related
—
Dec 19, 1995
—
Bp 1217 West Artesia Asso
Hancock John Mutual Life ,
Grant Deed
related
—
—
—
Artescomp LLC
—
Deed Of Trust
related
$1,050,000 · Hanmi Bank
—
—
Climate Controls In Automotive
—
Deed Of Trust
related
$1,000,000 · Hanmi Bank
—
—
Climate Controls In Automotive
—
Deed Of Trust
related
$4,110,000 · Hanmi Bank
—
—
Climate Controls In Automotive
—
Deed Of Trust
related
$3,500,000 · Hanmi Bank
—
—
Automotive Climate Controls
—
Deed Of Trust
related
$1,700,000 · Hanmi Bank
—
—
Automotive Climate Controls
—
Deed Of Trust
related
$999,000 · California Statewide Certified
—
—
Artescomp LLC
—
Deed Of Trust
related
$4,000,000 · East-west Investment INC
—
—
Nsa Realty Estate Investment
—
Deed Of Trust
related
$3,347,000 · Southland Economic Dev
—
—
Climate Controls In Automotive
—
Deed Of Trust
related
$1,100,000 · Hanmi Bank
—
—
Climate Controls In Automotive
—
Deed Of Trust
related
$4,500,000 · Hanmi Bank
—
—
Artescomp LLC
—
Deed Of Trust
related
—
—
—
Artescomp LLC
—
Deed Of Trust
related
—
—
—
Climate Controls In Automotive
—
Deed Of Trust
related
$3,630,000 · Hanmi 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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