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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Manufacturing properties
18735 Corby Ave Artesia, CA 90701-5623
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0057584
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1998
Construction
TILT-UP CONCRETE
Total area
2,860 SF
Lot
0.17 ac (7,580 SF)
Zoning code
ATM1*
APN
7039-015-003
UPID
US10-0057584
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
-
Sumita Beauty Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
$470k
Blend (final)
Blend
$700k
Owner & transaction history
Jenny Ly · 4 yrs held
Jenny Ly
since 2021
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
ATM1* · Artesia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$885,000
+13.0%
Warehouse, storage
$855,000
+9.1%
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
$685,000
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
$555,000
6.5%
$515,000
7%
$475,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$780,000
Current use
COMMERCIAL (GENERAL)
$885,000
Change: +13% · Conversion: Difficult
WAREHOUSE, STORAGE
$855,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Dec 2 2021)
Last sale anchor
$700k
Dec 2 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
$245 / 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
$10,428
Tax year 2024
Assessed value
$812,405
Assessed 2024
Previous assessed
$812,405
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$464,232
Assessed improvement
$348,173
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
FOOD PROCESSING
Status
Off-Market
Year built
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,860 SF
Lot
0.17 ac (7,580 SF)
Zoning code
ATM1*
APN
7039-015-003
UPID
US10-0057584
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
COMMERCIAL (GENERAL)
Est. value
$885,000
WAREHOUSE, STORAGE
Est. value
$855,000
INDUSTRIAL (GENERAL) Current
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
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Jenny Ly
Individual
Mailing address
502 20TH ST, HUNTINGTON BEACH, CA 92648-3830
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Dec 2, 2021
—
Jenny Ly
Jenny Ly
Intrafamily Transfer
related
—
Jul 1, 2020
—
Jenny Ly
—
Deed
related
$576,000 · Jpmorgan Chase Bank NA
Apr 27, 2016
$700,000
Jenny Ly
Ziba INC
Grant Deed
$645,000 · East West Bank
Mar 3, 2008
$751,000
Ziba INC
Alves,edward A & Lucille
Grant Deed
$488,150 · Hanmi Bank
Feb 27, 1997
$10,500
Edward A Alves
Rocha,joseph C & Adilia M
Grant Deed
related
—
Sep 24, 1996
$65,000
Joseph C Rocha
Howell,homer G
Grant Deed
$55,000 · Individual
—
—
Edward A Alves
—
Deed Of Trust
related
$170,000 · Golden Security Bank
—
—
Edward A Alves
—
Deed Of Trust
related
$182,000 · Golden State Mutual Life Ins
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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