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Property profile & analytics
FOR LEASE
Turn key restaurants
17720 Pioneer Blvd Artesia, CA 90701
Individually Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6449556
For Lease
Contact for pricing
17720 Pioneer Blvd, Artesia, CA 90701
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1956
Construction
TILT-UP CONCRETE
Total area
5,778 SF
Lot
0.3 ac (13,100 SF)
Zoning code
ATCG*
APN
7033-007-006
UPID
US09-6449556
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pravin Patel · 11 yrs held
Pravin Patel
since 2015
7 recorded transactions
Zoning & alternative use
ATCG* · Artesia, 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 Artesia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Artesia 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$20,852
Tax year 2024
Assessed value
$824,789
Assessed 2024
Previous assessed
$824,789
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$795,336
Assessed improvement
$29,453
Applied tax rate
13.0000
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 Lease
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
5,778 SF
Lot
0.3 ac (13,100 SF)
Zoning code
ATCG*
APN
7033-007-006
UPID
US09-6449556
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ATCG* · Artesia, CA
Zoning ATCG* · permitted uses
ATCG* · Artesia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Artesia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Pravin Patel
Individual
Free & Clear · 11 yrs held
Mailing address
1032 E 7TH ST, LONG BEACH, CA 90813-4802
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2015
$1,860,000
Pravin Patel
Sjana Haakma Trust Partnership
Grant Deed
—
Apr 30, 2015
—
Pravin L Patel
Patel Priyanka P
Quit Claim Deed
related
—
Aug 19, 2010
—
Nicolette Living Trust
Nicolette Living Trust
Quit Claim Deed
related
—
Jun 24, 2010
—
Nicolette Living Trust
Nicolette,florence
Affidavit Of Death
related
—
Aug 13, 2009
—
Nicolette Living Trust
Owner Name Unavailable
Quit Claim Deed
related
—
Oct 31, 1996
—
Sjana Haakma Trust Partnership
—
Deed Of Trust
related
—
Oct 29, 1994
—
Weaver,bonnie Tr
—
Deed Of Trust
related
—
Apr 13, 1992
—
Nicolette Clarence B Co Tr
—
Deed Of Trust
related
—
—
—
Pravin L Patel
—
Deed Of Trust
related
$600,000 · Rajiv & Anjanaben Desai
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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