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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Retail space
701 Artesia Blvd Long Beach, CA 90805-1439
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-9626579
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1945
Construction
WOOD
Total area
4,068 SF
Lot
0.21 ac (8,952 SF)
Zoning code
LBCCA
APN
7115-004-001
UPID
US09-9626579
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
by Request
CAP Approach
CAP
$865k
Comparable Approach
Comparable
$633k
Blend (final)
Blend
$760k
Owner & transaction history
The Talebi Family Trust
The Talebi Family Trust
since 2025
Last sale
$770,000
7 recorded transactions
Zoning & alternative use
LBCCA · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.1M
+7.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$940,000
6.5%
$865,000
7%
$805,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,055,000
Current use
WAREHOUSE, STORAGE
$1,130,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $770k (Jun 4 2025)
Last sale anchor
$770k
Jun 4 2025
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
$187 / 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
$12,863
Tax year 2024
Assessed value
$878,541
Assessed 2024
Previous assessed
$878,541
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$544,940
Assessed improvement
$333,601
Applied tax rate
4.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1945
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
5
Bathrooms
1
Total area
4,068 SF
Lot
0.21 ac (8,952 SF)
Zoning code
LBCCA
APN
7115-004-001
UPID
US09-9626579
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCCA · Long Beach, CA
Zoning LBCCA · permitted uses
LBCCA · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.1M
RETAIL STORES Current
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
1945
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
5
Bathrooms
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
The Talebi Family Trust
Trust
Mailing address
4681 LONG BCH BLVD, LONG BEACH, CA 90805-6929
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2025
—
The Talebi Family Trust
Michael Talebi
Deed
related
—
Sep 4, 2025
$770,000
Damian Kim
The Talebi Family Trust
Grant Deed
—
Sep 30, 2022
$450,000
Michael M Talebi
Artesia Properties Investment INC
Grant Deed
—
Oct 15, 2021
—
Artesia Properties Investment INC
Leila Khajehmolaei
Quit Claim Deed
related
$400,000 · Chris Shepard
May 26, 2021
—
Leila Khajehmolaei
—
Deed
related
$150,000 · Janna Yuldasheva
Apr 1, 2021
—
Leila K Molaei
—
Deed
related
$70,000 · California Solid Endeavors LLC
Jun 11, 2020
—
Leila K Molaei
—
Deed Of Trust
related
$200,000 · Chief Mgmt LLC
Oct 4, 2006
—
Leila Khajehmolaei
Arab,babak
Grant Deed
related
—
Jul 29, 2004
$290,000
Babak Arab
Burgin,tr
Grant Deed
$235,000 · Burgin Trust
Dec 5, 2000
—
Burgin,jerry K Trustee
Burgin J K Trustee,
Quit Claim Deed
related
—
Oct 29, 1998
$180,000
Burgin Trust
Burgin Trust
Grant Deed
related
—
—
—
Pedro Rodriquez
—
Deed Of Trust
related
$40,000 · Robert W Garcia INC
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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