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Property profile & analytics
OFF-MARKET
Estimated value
$1,475,000
Warehouses
1088 Westminster Ave Alhambra, CA 91803-1231
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7997639
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2003
Construction
TILT-UP CONCRETE
Total area
10,866 SF
Lot
0.56 ac (24,500 SF)
Zoning code
ALMPD*
APN
5342-033-033
UPID
US09-7997639
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
-
Music Legs Inc. Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.48M
Owner & transaction history
Joseph Poh Lai Tok · 2 yrs held
Joseph Poh Lai Tok
since 2024
6 recorded transactions
Zoning & alternative use
ALMPD* · Alhambra, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.48M
Range $1.33M – $1.62M · ±10%
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
$136 / 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
$22,059
Tax year 2024
Assessed value
$1,691,124
Assessed 2024
Previous assessed
$1,691,124
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$695,757
Assessed improvement
$995,367
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
10,866 SF
Lot
0.56 ac (24,500 SF)
Zoning code
ALMPD*
APN
5342-033-033
UPID
US09-7997639
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ALMPD* · Alhambra, CA
Zoning ALMPD* · permitted uses
ALMPD* · 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.
Building & site characteristics
From public records
Year built
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Joseph Poh Lai Tok
Individual
Mailing address
560 S ALLEN AVE, SAN MARINO, CA 91108-1275
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Apr 24, 2025
—
Joseph Poh Lai Tok
—
Deed
related
$860,000 · First Commercial Bank USA
May 15, 2024
—
Joseph Poh Lai Tok
Joseph Poh Lai Tok
Intrafamily Transfer
related
—
Nov 20, 2023
—
Joseph Poh Lai Tok
Joseph Poh Lai Tok
Intrafamily Transfer
related
—
Oct 20, 2017
—
Joseph P Tok
—
Deed
related
$800,000 · First Commercial Bank (usa)
—
—
Joseph P L Tok
—
Deed Of Trust
related
$719,241 · First Commercial Bank (usa)
—
—
Joseph P Tok
—
Deed Of Trust
related
$500,000 · First Commercial Bank (usa)
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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