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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Office buildings
106 1st St, Alhambra, CA 91801-3703
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8658749
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1947
Construction
TILT-UP CONCRETE
Total area
2,458 SF
Lot
0.09 ac (3,751 SF)
Zoning code
ALCBD/DRD*
APN
5344-032-003
UPID
US09-8658749
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
-
Carol's Nail Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.07M
CAP Approach
CAP
$880k
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$985k
Owner & transaction history
Given Enterprise LLC · 3 yrs held
Given Enterprise LLC
since 2023
Last sale
$960,009
7 recorded transactions
Zoning & alternative use
ALCBD/DRD* · Alhambra, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.5M
+82.7%
Auto repair, garage
$1.1M
+38.8%
Medical building
$1.1M
+36.4%
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
$1,035,000
ML approach
$1,070,000
CAP Approach
CAP Return
Estimation
6%
$955,000
6.5%
$880,000
7%
$820,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$820,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,495,000
Change: +83% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,135,000
Change: +39% · Conversion: Difficult
MEDICAL BUILDING
$1,115,000
Change: +36% · Conversion: Easy
RETAIL STORES
$1,030,000
Change: +26% · Conversion: Moderate
COMMERCIAL (GENERAL)
$760,000
Change: -7% · Conversion: Easy
WAREHOUSE, STORAGE
$720,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±10% · vs last sale $960k (Jun 14 2023)
Last sale anchor
$960k
Jun 14 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
$401 / 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
$12,344
Tax year 2024
Assessed value
$979,200
Assessed 2024
Previous assessed
$979,200
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$714,000
Assessed improvement
$265,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,458 SF
Lot
0.09 ac (3,751 SF)
Zoning code
ALCBD/DRD*
APN
5344-032-003
UPID
US09-8658749
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ALCBD/DRD* · Alhambra, CA
Zoning ALCBD/DRD* · permitted uses
ALCBD/DRD* · 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
OFFICE BUILDING Current
Est. value
$820,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$760,000
WAREHOUSE, STORAGE
Est. value
$720,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Given Enterprise LLC
Entity
Mailing address
9064 OLIVE ST, TEMPLE CITY, CA 91780-3006
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2023
$960,000
Given Enterprise LLC
Young Am LLC
Grant Deed
—
Jan 27, 2016
$760,000
Young Am LLC
Frank K Cheung
Grant Deed
$700,000 · Wells Fargo Bank NA
Nov 21, 2008
$638,000
Frank K Cheung
Kjp Ltd
Grant Deed
—
Jun 10, 1994
—
Kjp,
First St Assoc,
Trustees Deed
related
—
Oct 26, 1992
$30,000
First Street Assoc
Moran,james M
Quit Claim Deed
related
—
Jun 7, 1989
$298,000
Ultimate Exchang
Yang
Trustees Deed
$200,000 · Far East National Bank
Apr 7, 1988
$118,500
Mutual Consolida
Lee
Trustees Deed
related
—
Apr 7, 1988
$227,500
Rahim Hakim
Mutua
Trustees Deed
related
$159,250 · Public Savings Bank
—
—
Kjp Ltd
—
Deed Of Trust
related
$350,000 · Far East National Bank
—
—
Kjp Ltd
—
Deed Of Trust
related
$221,000 · California State Bank
—
—
Kjp Ltd
—
Deed Of Trust
related
$235,000 · Far East National 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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