New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,065,000
Assisted living facilities
18432 Gridley Rd, Artesia, CA 90701-5404
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0059552
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1920
Construction
WOOD
Total area
5,987 SF
Lot
0.79 ac (34,289 SF)
Zoning code
ATA10000*
APN
7039-026-005
UPID
US10-0059552
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
-
CMA Volunteer Organization Charitable Organization
-
Clare J. Reidel, RN Physician
-
Beverly J. Johnston, RN Registered General Nurse
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.07M
Owner & transaction history
Patrick A Weston · 3 yrs held
Patrick A Weston
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
ATA10000* · 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
Method
Estimation
Statistic approach
$1,045,000
ML approach
$1,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$1,655,000
Current use
Blend value · Realmo final
$1.07M
Range $959k – $1.17M · ±10% · vs last sale $1.10M (Mar 13 2023)
Last sale anchor
$1.10M
Mar 13 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
$178 / 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
$22,511
Tax year 2024
Assessed value
$1,533,288
Assessed 2024
Previous assessed
$1,533,288
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$907,430
Assessed improvement
$625,858
Applied tax rate
1.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1920
Construction
WOOD
Heating
NONE
Buildings
4
Stories
1
Units
3
Bathrooms
2
Total area
5,987 SF
Lot
0.79 ac (34,289 SF)
Zoning code
ATA10000*
APN
7039-026-005
UPID
US10-0059552
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ATA10000* · Artesia, CA
Zoning ATA10000* · permitted uses
ATA10000* · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$1.7M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) 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
1920
Construction
WOOD
Heating
NONE
Stories
1
Buildings
4
Units
3
Bathrooms
2
Lot
0.79 ac
Current owner
From public records · entity-resolved
Patrick A Weston
Individual
Mailing address
3160 LARNA AVE, LONG BEACH, CA 90808
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2023
—
Patrick A Weston
Margaret J Weston
Affidavit Death Of Trustee/successor Trustee
related
$800,000 · Harvest Small Business Finance LLC
Oct 28, 2014
—
Weston,p J & M J Family Trust
Weston,patrick J
Quit Claim Deed
related
—
Jul 9, 2014
—
Patrick J Weston
Weston,margaret J
Affidavit Of Death
related
—
Nov 13, 2003
$1,100,000
Patrick J Weston
Weller,tr
Grant Deed
$1,100,000 · Farmers & Merchants Bk Lng Bch
Oct 15, 1996
—
Weller,maybelle M Trustee
Weller,m M
Quit Claim Deed
related
—
Feb 25, 1972
—
—
—
Grant Deed
related
—
—
—
Patrick J Weston
—
Deed Of Trust
related
$215,000 · Swette Living Trust
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 18432 Gridley Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
