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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Manufacturing properties
18715 Corby Ave, Artesia, CA 90701
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7602579
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1953
Total area
2,850 SF
Lot
0.25 ac (10,967 SF)
Zoning code
ATM1*
APN
7039-015-007
UPID
US09-7602579
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
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$1.04M
Owner & transaction history
Frechette Investment Services LLC · 2 yrs held
Frechette Investment Services LLC
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
ATM1* · Artesia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+69.1%
Retail stores
$1.3M
+67.2%
Medical building
$1.3M
+66.2%
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
$960,000
ML approach
$1,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$780,000
Current use
AUTO REPAIR, GARAGE
$1,320,000
Change: +69% · Conversion: Easy
RETAIL STORES
$1,305,000
Change: +67% · Conversion: Moderate
MEDICAL BUILDING
$1,295,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$1,280,000
Change: +64% · Conversion: Difficult
COMMERCIAL (GENERAL)
$880,000
Change: +13% · Conversion: Difficult
WAREHOUSE, STORAGE
$850,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10% · vs last sale $1.05M (Dec 12 2023)
Last sale anchor
$1.05M
Dec 12 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
$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
$13,276
Tax year 2024
Assessed value
$1,050,000
Assessed 2024
Previous assessed
$1,050,000
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$775,000
Assessed improvement
$275,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1953
Heating
NONE
Stories
1
Total area
2,850 SF
Lot
0.25 ac (10,967 SF)
Zoning code
ATM1*
APN
7039-015-007
UPID
US09-7602579
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ATM1* · Artesia, CA
Zoning ATM1* · permitted uses
ATM1* · 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
INDUSTRIAL (GENERAL) Current
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$880,000
WAREHOUSE, STORAGE
Est. value
$850,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1953
Heating
NONE
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Frechette Investment Services LLC
Entity
Mailing address
6178 DUNROBIN AVE, LAKEWOOD, CA 90713-1036
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
Dec 12, 2023
$1,050,000
Frechette Investment Services LLC
David Tak
Grant Deed
$787,500 · First Bank
May 12, 2017
$670,000
David Tak
Esseque LLC
Grant Deed
$432,250 · Pacific Premier Bank
May 20, 2015
$475,000
Esseque LLC
Faria Morgan LLC
Grant Deed
$285,000 · Mufg Union Bank NA
Dec 6, 2006
$300,000
Faria Morgan LLC
Shelton Family Trust
Grant Deed
$250,000 · Shelton Family Trust
Sep 9, 2004
—
Shelton Family Trust
Shelton,donald & Maxine
Quit Claim Deed
related
—
Jul 12, 1971
—
Donald Shelton
—
Grant Deed
related
—
—
—
Esseque LLC
—
Deed Of Trust
related
$149,000 · Southland Economic Dev
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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