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Property profile & analytics
OFF-MARKET
Estimated value
$3,065,000
Manufacturing properties
16737 Parkside Ave, Cerritos, CA 90703-1840
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-8117066
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1969
Construction
TILT-UP CONCRETE
Total area
8,400 SF
Lot
0.44 ac (19,201 SF)
Zoning code
CEM
APN
7011-001-014
UPID
US09-8117066
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
$3.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.01M
Blend (final)
Blend
$3.07M
Owner & transaction history
Cke Investments LLC · 1 yrs held
Cke Investments LLC
since 2024
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
CEM · Cerritos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.9M
+69.1%
Medical building
$3.8M
+66.2%
Office building
$3.8M
+64.0%
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 Cerritos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cerritos 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
$3,010,000
ML approach
$3,105,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,295,000
Current use
AUTO REPAIR, GARAGE
$3,885,000
Change: +69% · Conversion: Easy
MEDICAL BUILDING
$3,820,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$3,770,000
Change: +64% · Conversion: Difficult
RETAIL STORES
$3,705,000
Change: +61% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,595,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$3.07M
Range $2.76M – $3.37M · ±10% · vs last sale $3.10M (Aug 20 2021)
Last sale anchor
$3.10M
Aug 20 2021
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
$365 / 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
$38,715
Tax year 2024
Assessed value
$3,225,240
Assessed 2024
Previous assessed
$3,225,240
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,872,720
Assessed improvement
$1,352,520
Applied tax rate
2.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
8,400 SF
Lot
0.44 ac (19,201 SF)
Zoning code
CEM
APN
7011-001-014
UPID
US09-8117066
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CEM · Cerritos, CA
Zoning CEM · permitted uses
CEM · Cerritos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cerritos. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.8M
OFFICE BUILDING
Est. value
$3.8M
RETAIL STORES
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$2.6M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
Lot
0.44 ac
Current owner
From public records · entity-resolved
Cke Investments LLC
Entity
Mailing address
16737 PARKSIDE AVE, CERRITOS, CA 90703-1840
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Dec 11, 2024
$3,070,000
Cke Investments LLC
Jhkno1 LLC
Grant Deed
$4,627,000 · Lehan Smith
Aug 20, 2021
$3,100,000
Jhkno1 LLC
Saigon Kymdan Rubber Stock Comapny
Grant Deed
$2,645,000 · Bay Commercial Bank
Oct 18, 2016
$1,860,000
Saigon-kymdan Rubber Stock Co
Lee & Chen LLC
Grant Deed
—
Sep 25, 2013
—
Lee & Chen LLC
Chen,hung-nan
Quit Claim Deed
related
$629,240 · Bank Of The West
Aug 13, 2010
—
Hung Nan Chen
Hung Nan Chen
Intrafamily Transfer
related
$693,750 · Wells Fargo Bank NA
Aug 22, 2005
—
Don W Mulder
Mulder,chanell A
Quit Claim Deed
—
Aug 22, 2005
$1,180,000
Hung-nan Chen
Boersma,jason S
Grant Deed
$850,000 · First Commercial Bank (usa)
Oct 25, 2000
$588,000
Adj Enterprises
Cip Two LLC
Grant Deed
$544,700 · Bank Of Yorba Linda
May 30, 1997
—
Cip,tow LLC
—
Deed Of Trust
related
—
—
—
Jmb Income Properties Ltd-xiii
—
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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