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Property profile & analytics
FOR SALE
Community centers
1340 Artesia Blvd Gardena, CA 90248
Individually Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9840883
For Sale
1 / 5
$19,595,000
1340 Artesia Blvd, Gardena, CA 90248
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1990
Total area
53,486 SF
Lot
6.45 ac (280,865 SF)
Zoning code
GAC3
APN
6111-040-021
UPID
US09-9840883
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
-
99 Ranch Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$19.51M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.60M
Owner & transaction history
Pk I Gardena Gateway Center · 19 yrs held
Pk I Gardena Gateway Center
since 2006
5 recorded transactions
Zoning & alternative use
GAC3 · Gardena, 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 Gardena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gardena 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%
$21,130,000
6.5%
$19,505,000
7%
$18,115,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$32,550,000
Current use
Blend value · Realmo final
$19.60M
Range $17.64M – $21.55M · ±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
$366 / 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
$322,909
Tax year 2024
Assessed value
$24,053,197
Assessed 2024
Previous assessed
$24,053,197
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$12,756,916
Assessed improvement
$11,296,281
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
Community centers
Use group
MINI-MALL
Status
For Sale
Year built
1990
Heating
NONE
Buildings
4
Stories
1
Total area
53,486 SF
Lot
6.45 ac (280,865 SF)
Zoning code
GAC3
APN
6111-040-021
UPID
US09-9840883
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GAC3 · Gardena, CA
Zoning GAC3 · permitted uses
GAC3 · Gardena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gardena. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$32.6M
NEIGHBORHOOD: SHOPPING CENTER 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
1990
Heating
NONE
Stories
1
Buildings
4
Lot
6.45 ac
Current owner
From public records · entity-resolved
Pk I Gardena Gateway Center
Individual
Free & Clear · 19 yrs held
Mailing address
500 N BROADWAY STE #201, JERICHO, NY 11753-2122
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2010
—
Pk I Gardena Gateway Center LP
—
Deed Of Trust
related
$33,000,000 · Natixis Real Estate Capital
Nov 16, 2006
—
Pk I Gardena Gateway Center
Ct Retail Props Finance V LLC
Grant Deed
—
May 11, 1999
—
Ct Retail Properties Finance
—
Deed Of Trust
related
$6,900,000 · First Union National Bank
Dec 27, 1993
$2,752,500
Alexander Haagen Properties Op
Alexander Haagen
Trustees Deed
related
—
Sep 25, 1992
—
Gardena Gateway Ptnshp Haagen
—
Deed Of Trust
related
—
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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