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Property profile & analytics
OFF-MARKET
Estimated value
$102,165,000
Specialty properties
888 Bicycle Casino Dr, Bell Gardens, CA 90201-7617
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6331016
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1984
Construction
WOOD
Total area
267,736 SF
Lot
9.04 ac (393,967 SF)
Zoning code
BGC4*
APN
6227-001-019
UPID
US09-6331016
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
$117.30M
Blend (final)
Blend
$102.17M
Owner & transaction history
Monument Properties Bell Gardens Ll · 4 yrs held
Monument Properties Bell Gardens Ll
since 2022
Last sale
$102.6M
6 recorded transactions
Zoning & alternative use
BGC4* · Bell Gardens, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$162.9M
+118.6%
Medical building
$121.7M
+63.3%
Office building
$120.1M
+61.1%
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 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
Method
Estimation
Statistic approach
$86,205,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$74,540,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$162,945,000
Change: +119% · Conversion: Difficult
MEDICAL BUILDING
$121,705,000
Change: +63% · Conversion: Difficult
OFFICE BUILDING
$120,090,000
Change: +61% · Conversion: Difficult
WAREHOUSE, STORAGE
$78,665,000
Change: +6% · Conversion: Difficult
AUTO REPAIR, GARAGE
$77,995,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$72,365,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$102.17M
Range $91.95M – $112.38M · ±10% · vs last sale $102.58M (Apr 13 2022)
Last sale anchor
$102.58M
Apr 13 2022
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
$382 / 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
$980,909
Tax year 2024
Assessed value
$78,160,146
Assessed 2024
Previous assessed
$78,160,146
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$20,096,918
Assessed improvement
$58,063,228
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
99
Total area
267,736 SF
Lot
9.04 ac (393,967 SF)
Zoning code
BGC4*
APN
6227-001-019
UPID
US09-6331016
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BGC4* · Bell Gardens, CA
Zoning 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
Bell Gardens. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$74.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$162.9M
MEDICAL BUILDING
Est. value
$121.7M
OFFICE BUILDING
Est. value
$120.1M
WAREHOUSE, STORAGE
Est. value
$78.7M
AUTO REPAIR, GARAGE
Est. value
$78.0M
RETAIL STORES
Est. value
$72.4M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1984
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
99
Lot
9.04 ac
Current owner
From public records · entity-resolved
Monument Properties Bell Gardens Ll
Entity
Free & Clear · 4 yrs held
Mailing address
1100 S FLOWER ST STE #3100, LOS ANGELES, CA 90015-2127
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
—
Parkwest Bicycle Casino LLC
—
Deed
related
—
Apr 15, 2022
—
Parkwest Bicycle Casino LLC
—
Deed
related
—
Apr 13, 2022
$102,581,500
Monument Properties Bell Gardens Ll
The Bicycle Casino LP
Grant Deed
—
Apr 25, 2014
—
Bicycle Casino LP
—
Trustees Deed
related
$32,000,000 · Comerica Bk
Feb 4, 2011
—
Bicycle Casino LP
Lcp Associates Ltd
Grant Deed
$15,000,000 · Comerica Bk/detroit
May 28, 1998
—
Bell Gardens Bicycle Club
—
Deed Of Trust
related
$6,500,000 · Imperial Bank
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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