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Property profile & analytics
FOR SALE
Office buildings
8820 Artesia Blvd Bellflower, CA 90706
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9519395
For Sale
1 / 14
$1,700,000
8820 Artesia Blvd, Bellflower, CA 90706
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1982
Construction
WOOD
Total area
6,840 SF
Lot
0.41 ac (17,934 SF)
Zoning code
BFCG*
APN
7162-015-036
UPID
US09-9519395
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
$1.28M
Blend (final)
Blend
$1.64M
Owner & transaction history
Glass Half Full INC · 8 yrs held
Glass Half Full INC
since 2017
7 recorded transactions
Zoning & alternative use
BFCG* · Bellflower, 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 Bellflower submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellflower 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,275,000
Current use
COMMERCIAL (GENERAL)
$2,065,000
Change: -9% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,045,000
Change: -10% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,010,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$2,005,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$1.64M
Range $1.47M – $1.80M · ±10%
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
$239 / 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
$21,488
Tax year 2024
Assessed value
$1,550,567
Assessed 2024
Previous assessed
$1,550,567
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$992,809
Assessed improvement
$557,758
Applied tax rate
11.0000
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
OFFICE BUILDING (MULTI-STORY)
Status
For Sale
Year built
1982
Construction
WOOD
Heating
NONE
Stories
2
Total area
6,840 SF
Lot
0.41 ac (17,934 SF)
Zoning code
BFCG*
APN
7162-015-036
UPID
US09-9519395
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BFCG* · Bellflower, CA
Zoning BFCG* · permitted uses
BFCG* · Bellflower, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bellflower. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$2.0M
RETAIL STORES
Est. value
$2.0M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RETAIL STORES
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
1982
Construction
WOOD
Heating
NONE
Stories
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
Glass Half Full INC
Entity
Mailing address
17510 PIONEER BLVD STE #207, ARTESIA, CA 90701-4077
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Nov 1, 2017
$1,390,000
Glass Half Full INC
Don Quoite Partnership
Grant Deed
$1,185,000 · Commonwealth Business Bank
Jun 21, 2011
—
Craig D Carr
Carr,rebecca L
Quit Claim Deed
$317,000 · Meadows Bank
Dec 5, 2005
$862,500
James W Carr
Kevin Scott Falsken
Grant Deed
$753,000 · Cit Small Business Lending Corp
Dec 3, 2004
$531,500
Kevin S Falsken
Smith & Spitzer
Grant Deed
$350,000 · Farmers & Merchants Bk Lng Bch
May 7, 1993
—
Smith
—
Deed Of Trust
related
—
—
—
Smith
—
Deed Of Trust
related
$165,000 · Marshalls Trust
—
—
Smith
—
Deed Of Trust
related
$2,300,000 · Action Foreclosure Svcs INC
—
—
Smith
—
Deed Of Trust
related
$110,000 · Andrew Marshall
—
—
Smith
—
Deed Of Trust
related
$225,000 · Richard J Litman Trustee
—
—
Smith
—
Deed Of Trust
related
$25,000 · T G Financial Corp
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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