Financial
Distress signals
Property profile

1121 S Meridian Ave Alhambra, CA 91803

FOR SALE
Manufacturing properties
Property ID
US09-8801923
23,514 SF 1.22 ac lot Built 1961
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Industrial campus property located at 1121 S Meridian Avenue in Alhambra, California, consisting of multiple single-story structures configured to support manufacturing, storage, and administrative uses. The campus-style arrangement is designed to allow different building components to function concurrently, with space that can accommodate operational needs across the site. The property is positioned with convenient access to major regional transportation routes, including Interstate 10 and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value$838k
Assessed land$697k
Assessed improvement$141k
Effective rate1.68%

Value estimate

· Sep 2026
$575k
$518k – $633k
Sales comparison$2.43M
NOI build-up
Gross scheduled income$418k
Vacancy & credit loss−$25k
Operating expenses−$118k
NOI · 6.47% cap applied$275k

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$246/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$103 – $317
Qualifying comparables21

Cap rate analysis

How does the asset earn?
6.47%
$275k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ALMPD*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency100.0
Dental Office58.4
Law Firm55.6

Location

1121 S Meridian Ave Alhambra, CA 91803
County assessor Recorded deeds · not on file 21 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3001 Msn, Alhambra, CA 91803-1100 $9,500,095 Jun 2023 49,959 SF
614 Date, Alhambra, CA 91803-1410 $7,550,075 Dec 2022 22,415 SF
914 Westminster, Alhambra, CA 91803-1229 $1,195,000 Mar 2021 14,101 SF
3033 Msn, Alhambra, CA 91803-1111 $2,000,000 Mar 2019 15,500 SF
400 Palm, Alhambra, CA 91803-1525 $2,800,028 Dec 2018 18,850 SF
700 Date, Alhambra, CA 91803-1412 $4,300,043 Oct 2018 25,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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