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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Office buildings
7218 Garfield Ave Bell Gardens, CA 90201-4812
Individually Owned
13-yr Hold
Free & Clear
Property ID
US09-8107729
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1965
Construction
WOOD
Total area
3,350 SF
Lot
0.18 ac (7,951 SF)
Zoning code
BGC4
APN
6358-037-004
UPID
US09-8107729
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$805k
Owner & transaction history
Arash Lalezary · 13 yrs held
Arash Lalezary
since 2013
7 recorded transactions
Zoning & alternative use
BGC4 · Bell Gardens, 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 Bell Gardens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bell Gardens 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
$240 / 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
$8,287
Tax year 2024
Assessed value
$574,495
Assessed 2024
Previous assessed
$574,495
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$287,500
Assessed improvement
$286,995
Applied tax rate
6.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
3,350 SF
Lot
0.18 ac (7,951 SF)
Zoning code
BGC4
APN
6358-037-004
UPID
US09-8107729
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BGC4 · Bell Gardens, CAZoning BGC4 · permitted uses
BGC4 · Bell Gardens, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Arash Lalezary
Individual
Free & Clear · 13 yrs held
Mailing address
7218 GARFIELD AVE, BELL GARDENS, CA 90201-4812
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2023
—
Arash Lalezary
—
Deed
related
$500,000 · Citibank NA
Apr 18, 2013
—
Arash Lalezary
Lalezari,courosh & Sousan
Quit Claim Deed
related
—
Feb 5, 2010
$150,000
Courosh Lalezari
Lalezari,behzad K & Farideh
Quit Claim Deed
related
—
Sep 10, 2004
$75,000
Courosh Lalezari
Citivest Financial Svcs
Trustees Deed
—
Dec 3, 2003
—
Farhang Sharif
Montazeri,ata O
Quit Claim Deed
related
—
Dec 21, 1994
—
Ata O Montazeri
—
Deed Of Trust
related
$1,525,000 · Johnson & Johnson Finance Corp
—
—
H T Frederick
—
Deed Of Trust
related
$26,355 · Downey Medical T
—
—
Frederick Harold
—
Deed Of Trust
related
$270,000 · Pacific Heritage Bank
—
—
King Rose Corp
—
Deed Of Trust
related
$250,000 · Cityvest Financial Corp
Mar 8, 1967
—
—
—
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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