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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Office buildings
9631 Artesia Blvd Bellflower, CA 90706-6635
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0179362
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1936
Construction
WOOD
Total area
1,624 SF
Lot
0.23 ac (9,802 SF)
Zoning code
BFCG*
APN
7161-003-009
UPID
US10-0179362
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
-
Choi Acupuncture Clinic Medical Clinic Alternative Medicine Practice
-
Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$875k
CAP Approach
CAP
$585k
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$750k
Owner & transaction history
Soyoung Han · 5 yrs held
Soyoung Han
since 2020
Last sale
$750,007
7 recorded transactions
Zoning & alternative use
BFCG* · Bellflower, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$990,000
+83.0%
Medical building
$740,000
+36.7%
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
$855,000
ML approach
$875,000
CAP Approach
CAP Return
Estimation
6%
$630,000
6.5%
$585,000
7%
$540,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$540,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$990,000
Change: +83% · Conversion: Difficult
MEDICAL BUILDING
$740,000
Change: +37% · Conversion: Easy
COMMERCIAL (GENERAL)
$490,000
Change: -9% · Conversion: Easy
AUTO REPAIR, GARAGE
$485,000
Change: -10% · Conversion: Difficult
WAREHOUSE, STORAGE
$475,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$475,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Sep 2 2020)
Last sale anchor
$750k
Sep 2 2020
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
$462 / 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
$10,252
Tax year 2024
Assessed value
$795,906
Assessed 2024
Previous assessed
$795,906
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$530,604
Assessed improvement
$265,302
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
Status
Off-Market
Year built
1936
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Units
1
Bathrooms
1
Total area
1,624 SF
Lot
0.23 ac (9,802 SF)
Zoning code
BFCG*
APN
7161-003-009
UPID
US10-0179362
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
$540,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$990,000
MEDICAL BUILDING
Est. value
$740,000
COMMERCIAL (GENERAL)
Est. value
$490,000
AUTO REPAIR, GARAGE
Est. value
$485,000
WAREHOUSE, STORAGE
Est. value
$475,000
RETAIL STORES
Est. value
$475,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1936
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Units
1
Bathrooms
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Soyoung Han
Individual
Free & Clear · 5 yrs held
Mailing address
15002 MANZANARES RD, LA MIRADA, CA 90638-3941
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2023
—
Soyoung Han
—
Deed
related
$660,000 · Southwestern National Bank
Sep 2, 2020
—
Soyoung Han
David Han
Quit Claim Deed
related
—
Sep 2, 2020
$750,000
Soyoung Han
Moriko Kim
Grant Deed
$600,000 · Moriko Kim
Jun 14, 2019
—
Moriko Kim
Kim,cheehoon & Moriko
Quit Claim Deed
related
—
Apr 4, 2002
$165,000
Cheehoon Kim
Mix,james M
Grant Deed
$115,500 · International City Bank
Feb 26, 1998
—
James M Mix
Mix J R Trustee,
Quit Claim Deed
related
—
Feb 21, 1997
$93,976
Mix Trust
Wilson,robert F
Trustees Deed
—
Mar 30, 1992
$195,000
Robert F Wilson
Mix Trust
Grant Deed
$165,000 · Seller
Sep 26, 1989
—
Mix Fmly Tr
Mix
Quit Claim 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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