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Property profile & analytics
FOR SALE
Apartment buildings
245 E Artesia Blvd Long Beach, CA 90805
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7429322
For Sale
1 / 18
$1,695,000
245 E Artesia Blvd, Long Beach, CA 90805
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Total area
6,437 SF
Lot
0.17 ac (7,386 SF)
Zoning code
LBR3T
APN
7303-013-039
UPID
US09-7429322
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
-
$ Vizion Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$790k
Owner & transaction history
Sukh Maya Properties LLC · 7 yrs held
Sukh Maya Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
LBR3T · Long Beach, 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 Long Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long Beach 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
$123 / 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
$17,907
Tax year 2024
Assessed value
$1,340,793
Assessed 2024
Previous assessed
$1,340,793
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$410,115
Assessed improvement
$930,678
Applied tax rate
5.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Heating
NONE
Cooling
YES
Units
5
Total area
6,437 SF
Lot
0.17 ac (7,386 SF)
Zoning code
LBR3T
APN
7303-013-039
UPID
US09-7429322
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBR3T · Long Beach, CA
Zoning LBR3T · permitted uses
LBR3T · Long Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Long Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Units
5
Lot
0.17 ac
Current owner
From public records · entity-resolved
Sukh Maya Properties LLC
Entity
Mailing address
20652 CAMPANIA LN, PORTER RANCH, CA 91326-4414
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
May 4, 2021
—
Sukh Maya Properties LLC
—
Deed
related
$1,300,000 · Luther Burbank Savings
Mar 21, 2019
$1,225,000
Sukh Maya Properties LLC
William & Candice Cue
Grant Deed
$180,000 · William & Candice Cueto Crut
Mar 21, 2019
—
Cueto Family Trust
Artesia Boulevard LLC
Quit Claim Deed
—
Mar 11, 2011
—
Artesia Boulevard LLC
Cueto Family Trust
Grant Deed
—
Apr 23, 2001
—
William E Cueto
Cueto,w E & C L
Quit Claim Deed
related
—
Jan 22, 1988
$309,500
Cueto William E
Meng
Grant Deed
$227,500 · California Federal Bank
—
—
William E Cueto
—
Deed Of Trust
related
$220,000 · Snavely Trust
—
—
William E Cueto
—
Deed Of Trust
related
$265,000 · Home Savings Of America
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?”
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