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Property profile & analytics
OFF-MARKET
Estimated value
$2,075,000
Retail space
1 Hellman Ave Alhambra, CA 91801-5711
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8556356
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1969
Construction
TILT-UP CONCRETE
Total area
4,370 SF
Lot
0.36 ac (15,486 SF)
Zoning code
ALRPD*
APN
5255-012-032
UPID
US09-8556356
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
-
Pho Ever - Alhambra Restaurant
-
YNL Development Inc Mobile Phone Store Electronics & Wireless Store
-
ATM Atm
-
RockItCoin Bitcoin ATM Crypto Atm
-
N' Beyond Tea Restaurant Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.14M
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
$2.40M
Blend (final)
Blend
$2.08M
Owner & transaction history
Karamjot Capital LLC · 3 yrs held
Karamjot Capital LLC
since 2023
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
ALRPD* · Alhambra, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.7M
+45.4%
Auto repair, garage
$2.0M
+10.5%
Medical building
$2.0M
+8.6%
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 Alhambra submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alhambra 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
$2,155,000
ML approach
$2,135,000
CAP Approach
CAP Return
Estimation
6%
$1,610,000
6.5%
$1,485,000
7%
$1,380,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,830,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,660,000
Change: +45% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,020,000
Change: +11% · Conversion: Difficult
MEDICAL BUILDING
$1,985,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$2.08M
Range $1.87M – $2.28M · ±10% · vs last sale $2.00M (Jun 9 2023)
Last sale anchor
$2.00M
Jun 9 2023
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
$475 / 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
$25,393
Tax year 2024
Assessed value
$2,040,000
Assessed 2024
Previous assessed
$2,040,000
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,275,000
Assessed improvement
$765,000
Applied tax rate
1.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
4,370 SF
Lot
0.36 ac (15,486 SF)
Zoning code
ALRPD*
APN
5255-012-032
UPID
US09-8556356
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ALRPD* · Alhambra, CA
Zoning ALRPD* · permitted uses
ALRPD* · Alhambra, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alhambra. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$2.0M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
Karamjot Capital LLC
Entity
Mailing address
3660 LEGENDS DR, SIMI VALLEY, CA 93065-0238
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2023
$2,000,000
Karamjot Capital LLC
Veqi LLC
Grant Deed
$1,650,000 · Mega Bank
Dec 14, 2021
$1,725,000
Veqi LLC
Kashmir Singh
Grant Deed
$1,020,000 · Pacific Alliance Bank
Nov 5, 2015
—
Singh,kaur Family Trust
Singh,kashmir
Quit Claim Deed
related
—
May 14, 2010
$650,000
Kashmir Singh
Wong Edmund Trust
Grant Deed
—
Jul 11, 2005
—
Wong Edmund Trust
Wong,edmund S
Quit Claim Deed
related
—
Jul 15, 2004
—
Edmund S Wong
Wong,elisa M
Quit Claim Deed
related
—
—
—
Kashmir Singh
—
Deed Of Trust
related
$600,000 · Hanmi Bank
—
—
Wong Edmund Trust
—
Deed Of Trust
related
$485,100 · First California 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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