1 FORBES ST
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Location
1 FORBES ST
Mblu
69/ / 22/ /
Acct#
31935033
Owner
YIHE FORBES LLC
Total Market Value
$23,142,700
PID
1258
Building Count
4
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$6,142,700$17,000,000$23,142,700

Owner of Record
OwnerYIHE FORBES LLC
Co-Owner
Address122A E FOOTHILL BLVD 4
ARCADIA, CA 91006-2505
Sale Price$11,550,000
Certificate
Book & Page 53716/0235
Sale Date11/17/2014
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
YIHE FORBES LLC$11,550,000 53716/02351V11/17/2014
CHELSEA REALTY VENTURES, LLC$9,250,000 53716/02241V11/17/2014
ONE FORBES PROPERTY HOLDINGS LLC$5,700,000 52069/01371I09/04/2013
FORBES PARK LLC$8,830,000 36233/03011N12/31/2004
MORRELL REALTY CORP$0 18163/0213 04/20/1993

Building Information
Building 1 : Section 1
Year Built: 2008
Living Area: 87,360
Replacement Cost: $13,543,728
Building Percent Good: 40
Replacement Cost
Less Depreciation:
$5,417,500
Building Attributes
FieldDescription
Style:APT-9+
ModelCommercial
GradeAverage +20
Stories:4 Stories
Occupancy 
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverRubber Membran
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeNone
AC TypeNone
Bldg UsePRI COMM
Total Rooms 
Total Bedrms 
Total Baths 
Systems Stat 
Residential Units 
1st Floor Use: 
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingNONE
Ceiling/WallNONE
Rooms/PrtnsLIGHT
Wall Height10.00
% Comn Wall 
Commercial Units 
# Open parking spaces 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 65,520 65,520
BASFirst Floor 21,840 21,840
UBMBasement, Unfinished 21,840 0
   109,200 87,360
Building 2 : Section 1
Year Built: 1900
Living Area: 113,394
Replacement Cost: $13,018,425
Building Percent Good: 5
Replacement Cost
Less Depreciation:
$650,900
Building Attributes : Bldg 2 of 4
FieldDescription
Style:Heavy Indust
ModelIndustrial
GradeAverage +10
Stories:3 Stories
Occupancy 
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeNone
AC TypeNone
Bldg UsePRI COMM
Total Rooms 
Total Bedrms 
Total Baths 
Systems Stat 
Residential Units 
1st Floor Use: 
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingNONE
Ceiling/WallNONE
Rooms/PrtnsLIGHT
Wall Height10.00
% Comn Wall 
Commercial Units 
# Open parking spaces 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 78,082 78,082
BASFirst Floor 35,312 35,312
   113,394 113,394
Building 3 : Section 1
Year Built: 1900
Living Area: 5,684
Replacement Cost: $897,558
Building Percent Good: 5
Replacement Cost
Less Depreciation:
$44,900
Building Attributes : Bldg 3 of 4
FieldDescription
Style:Warehouse4
ModelIndustrial
GradeAverage +10
Stories:1 Story
Occupancy 
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeNone
AC TypeNone
Bldg UsePRI COMM
Total Rooms 
Total Bedrms 
Total Baths 
Systems Stat 
Residential Units 
1st Floor Use: 
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingNONE
Ceiling/WallNONE
Rooms/PrtnsLIGHT
Wall Height10.00
% Comn Wall 
Commercial Units 
# Open parking spaces 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 5,684 5,684
UBMBasement, Unfinished 5,184 0
   10,868 5,684
Building 4 : Section 1
Year Built: 1900
Living Area: 4,712
Replacement Cost: $587,360
Building Percent Good: 5
Replacement Cost
Less Depreciation:
$29,400
Building Attributes : Bldg 4 of 4
FieldDescription
Style:Warehouse4
ModelIndustrial
GradeAverage +10
Stories:2 Stories
Occupancy 
Exterior Wall 1Wood Shingle
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeNone
AC TypeNone
Bldg UsePRI COMM
Total Rooms 
Total Bedrms 
Total Baths 
Systems Stat 
Residential Units 
1st Floor Use: 
Heat/ACNONE
Frame TypeWOOD FRAME
Baths/PlumbingNONE
Ceiling/WallNONE
Rooms/PrtnsLIGHT
Wall Height10.00
% Comn Wall 
Commercial Units 
# Open parking spaces 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,356 2,356
FUSUpper Story, Finished 2,356 2,356
   4,712 4,712

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code0310
DescriptionPRI COMM  
Zone
Neighborhood1020
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)758646
Frontage0
Total Market Land$17,000,000

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$6,031,200$17,000,000$23,031,200
2024$4,936,900$16,550,000$21,486,900
2023$4,936,900$16,550,000$21,486,900

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