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Property profile & analytics
FOR SALE
Turn key restaurants
1236 E Artesia Blvd Long Beach, CA 90805
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-6246648
For Sale
1 / 16
$1,295,000
1236 E Artesia Blvd, Long Beach, CA 90805
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1966
Construction
WOOD
Total area
1,374 SF
Lot
0.19 ac (8,382 SF)
Zoning code
LBCCA
APN
7114-013-054
UPID
US09-6246648
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$724k
Blend (final)
Blend
$880k
Owner & transaction history
Nlb Artesia LLC
Nlb Artesia LLC
since 2025
Last sale
$960,000
7 recorded transactions
Zoning & alternative use
LBCCA · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$940,000
+9.6%
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 Long Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long Beach 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
RESTAURANT
$855,000
Current use
MEDICAL BUILDING
$940,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$810,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$880k
Range $792k – $968k · ±10% · vs last sale $960k (Aug 3 2025)
Last sale anchor
$960k
Aug 3 2025
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
$640 / 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
$6,939
Tax year 2024
Assessed value
$330,423
Assessed 2024
Previous assessed
$330,423
+0.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$141,387
Assessed improvement
$189,036
Applied tax rate
4.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1966
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
1,374 SF
Lot
0.19 ac (8,382 SF)
Zoning code
LBCCA
APN
7114-013-054
UPID
US09-6246648
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCCA · Long Beach, CA
Zoning LBCCA · permitted uses
LBCCA · Long Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Long Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$855,000
MEDICAL BUILDING
Est. value
$940,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$810,000
RESTAURANT Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1966
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Nlb Artesia LLC
Entity
Mailing address
16101 GOLDENWEST ST, HUNTINGTON BEACH, CA 92647-3407
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Nov 3, 2025
$960,000
Nlb Artesia LLC
Artesia And Orange LLC
Grant Deed
—
Dec 6, 2022
—
Artesia & Orange LLC
—
Deed
related
$100,000 · David Peckenpaugh
Nov 21, 2017
—
Artesia & Orange LLC
—
Deed
related
$325,000 · Kramer Family Trust (pt)
Jan 22, 1999
—
Artesia & Orange
Calny INC,
Trustees Deed
related
—
Apr 21, 1995
$200,000
Calny INC
Van Lee Enterprises
Grant Deed
—
—
—
Artesia & Orange LLC
—
Deed Of Trust
related
$165,000 · Beard Trust
—
—
Artesia & Orange LLC
—
Deed Of Trust
related
$400,000 · No Lender On Document
—
—
Artesia & Orange LLC
—
Deed Of Trust
related
$250,000 · Kramer Trust
—
—
Artesia & Orange LLC
—
Deed Of Trust
related
$172,000 · First Security Thrift Co
—
—
Artesia & Orange LLC
—
Deed Of Trust
related
$325,000 · Kramer Family Trust (pt)
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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