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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Office buildings
1420 Artesia Blvd, Long Beach, CA 90805
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6399123
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1954
Construction
WOOD
Total area
1,356 SF
Lot
0.09 ac (3,892 SF)
Zoning code
LBCCA
APN
7114-011-052
UPID
US09-6399123
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
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$680k
Owner & transaction history
Charles Austin · 3 yrs held
Charles Austin
since 2023
Last sale
$715,000
7 recorded transactions
Zoning & alternative use
LBCCA · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$925,000
+93.0%
Neighborhood: shopping center
$800,000
+66.9%
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
$625,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$480,000
Current use
MEDICAL BUILDING
$925,000
Change: +93% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$800,000
Change: +67% · Conversion: Difficult
AUTO REPAIR, GARAGE
$430,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $715k (Jun 27 2023)
Last sale anchor
$715k
Jun 27 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
$501 / 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
$1,582
Tax year 2024
Assessed value
$91,872
Assessed 2024
Previous assessed
$91,872
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$61,348
Assessed improvement
$30,524
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Total area
1,356 SF
Lot
0.09 ac (3,892 SF)
Zoning code
LBCCA
APN
7114-011-052
UPID
US09-6399123
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
OFFICE BUILDING Current
Est. value
$480,000
MEDICAL BUILDING
Est. value
$925,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$430,000
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1954
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Charles Austin
Individual
Free & Clear · 3 yrs held
Mailing address
5759 SILVA ST, LAKEWOOD, CA 90713-1849
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2023
—
Charles Austin
Charles K Austin
Intrafamily Transfer
related
—
Jul 28, 2008
$715,000
Charles K Austin
Wilen,seth M
Grant Deed
—
Jul 28, 2008
—
Seth M Wilen
Stewart,emily S
Grant Deed
related
—
Jul 23, 2007
—
Schulsinger Madeleine J Trust
Schulsinger,madeleine J
Quit Claim Deed
related
—
Jan 31, 2007
$605,000
Seth M Wilen
Dennis James Mcgorman
Grant Deed
$453,750 · Premier Business Bank
Jul 30, 2001
—
Mcgorman,dennis J&marilyn L Tr
Mcgorman,d J Trustee
Quit Claim Deed
related
—
May 29, 1998
$86,000
Mcgorman Trust
Farmers & Merchants Bk Lng Bch
Grant Deed
—
May 15, 1998
$75,000
Farmers Bch
Pacific Coast Accomodations
Trustees Deed
related
—
Feb 4, 1994
$130,000
Pacific Coast Accommodations
Strunk,craig & S
Grant Deed
$84,500 · Harbor Bank
Sep 19, 1990
$127,000
Craig Strunk
City Thrift & Lo
Grant Deed
$101,600 · Seller
Jan 11, 1988
—
Cy
Field
Trustees Deed
related
—
—
—
Pacific Coast Accomodations
—
Deed Of Trust
related
$455,000 · Farmers & Merchants Bk Lng Bch
—
—
Pacific Coast Accomodation
—
Deed Of Trust
related
$62,500 · Individual
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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