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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Manufacturing properties
18725 Corby Ave Artesia, CA 90701-5623
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9589033
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1967
Construction
WOOD
Total area
1,831 SF
Lot
0.18 ac (7,759 SF)
Zoning code
ATM1*
APN
7039-015-005
UPID
US09-9589033
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
$465k
CAP Approach
CAP
$330k
Comparable Approach
Comparable
$656k
Blend (final)
Blend
$530k
Owner & transaction history
Phillip Veiga De Freitas · 4 yrs held
Phillip Veiga De Freitas
since 2022
Last sale
$575,005
7 recorded transactions
Zoning & alternative use
ATM1* · Artesia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$845,000
+69.1%
Retail stores
$835,000
+67.2%
Medical building
$830,000
+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
$500,000
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
$355,000
6.5%
$330,000
7%
$305,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$500,000
Current use
AUTO REPAIR, GARAGE
$845,000
Change: +69% · Conversion: Easy
RETAIL STORES
$835,000
Change: +67% · Conversion: Moderate
MEDICAL BUILDING
$830,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$820,000
Change: +64% · Conversion: Difficult
COMMERCIAL (GENERAL)
$565,000
Change: +13% · Conversion: Difficult
WAREHOUSE, STORAGE
$545,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $575k (Mar 24 2022)
Last sale anchor
$575k
Mar 24 2022
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
$289 / 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
$7,836
Tax year 2024
Assessed value
$598,230
Assessed 2024
Previous assessed
$598,230
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$416,160
Assessed improvement
$182,070
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
1967
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,831 SF
Lot
0.18 ac (7,759 SF)
Zoning code
ATM1*
APN
7039-015-005
UPID
US09-9589033
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
$500,000
AUTO REPAIR, GARAGE
Est. value
$845,000
RETAIL STORES
Est. value
$835,000
MEDICAL BUILDING
Est. value
$830,000
OFFICE BUILDING
Est. value
$820,000
COMMERCIAL (GENERAL)
Est. value
$565,000
WAREHOUSE, STORAGE
Est. value
$545,000
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
1967
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Phillip Veiga De Freitas
Individual
Mailing address
5235 E CALDERWOOD ST, LONG BEACH, CA 90815-2924
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2024
—
Phillip Veiga De Freitas
—
Deed
related
$550,000 · Antonio Aguiar Etux
Mar 24, 2022
$575,000
Phillip Veiga De Freitas
Antonio E Martins
Grant Deed
$500,000 · Antonio De Freitas
Feb 7, 2017
—
Martins Family Trust
—
Deed
related
$275,000 · Tony & Mavilda Aguiar
Feb 1, 2017
—
Jane D Marshall
Bickford,betty L
Affidavit Of Death
—
Feb 1, 2017
$275,000
Martins Family Trust
Bickford Betty L Trust
Grant Deed
—
Apr 30, 2013
—
Bickford,betty L Trust
Bickford,betty L
Quit Claim Deed
related
—
—
—
Martins Family Trust
—
Deed Of Trust
related
$275,000 · Tony & Mavilda Aguiar
Jun 4, 1958
—
Allen L Bickford
—
Grant Deed
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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