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Property profile & analytics
OFF-MARKET
Estimated value
$5,325,000
Office buildings
1237 Main St, Alhambra, CA 91801-4114
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8741003
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2019
Construction
WOOD
Total area
14,334 SF
Lot
1.19 ac (51,898 SF)
Zoning code
ALCPD*
APN
5364-019-025
UPID
US09-8741003
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
-
Dr. Arthur L. Silber, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.14M
Comparable Approach
Comparable
$6.19M
Blend (final)
Blend
$5.33M
Owner & transaction history
Jinbo Holdings LLC · 7 yrs held
Jinbo Holdings LLC
since 2019
4 recorded transactions
Zoning & alternative use
ALCPD* · Alhambra, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$8.7M
+82.7%
Auto repair, garage
$6.6M
+38.8%
Medical building
$6.5M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,570,000
6.5%
$5,140,000
7%
$4,775,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,775,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$8,725,000
Change: +83% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,630,000
Change: +39% · Conversion: Difficult
MEDICAL BUILDING
$6,515,000
Change: +36% · Conversion: Easy
RETAIL STORES
$6,000,000
Change: +26% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$4,560,000
Change: -4% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,430,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$5.33M
Range $4.79M – $5.86M · ±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
$371 / 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
$195,211
Tax year 2024
Assessed value
$16,170,649
Assessed 2024
Previous assessed
$16,170,649
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$12,828,468
Assessed improvement
$3,342,181
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2019
Construction
WOOD
Heating
NONE
Cooling
OTHER
Total area
14,334 SF
Lot
1.19 ac (51,898 SF)
Zoning code
ALCPD*
APN
5364-019-025
UPID
US09-8741003
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ALCPD* · Alhambra, CA
Zoning ALCPD* · permitted uses
ALCPD* · 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
$4.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.7M
AUTO REPAIR, GARAGE
Est. value
$6.6M
MEDICAL BUILDING
Est. value
$6.5M
RETAIL STORES
Est. value
$6.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$4.4M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
2019
Construction
WOOD
Heating
NONE
Cooling
Yes
Lot
1.19 ac
Current owner
From public records · entity-resolved
Jinbo Holdings LLC
Entity
Mailing address
55 E HUNTINGTON DR STE #300, ARCADIA, CA 91006-3201
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2019
$14,786,000
Jinbo Holdings LLC
Markdev Dv Alhambra LLC
Grant Deed
$8,400,000 · East West Bank
Dec 21, 2016
$5,500,000
Markdev Dv Alhambra LLC
Dana Altura X LLC
Grant Deed
$8,290,000 · Pinnacle Bank
Oct 11, 2013
$3,750,000
Dana Altura X LLC
Aj Andersen Investments LLC
Grant Deed
$1,380,000 · Aj Andersen Investments LLC
—
—
A J Andersen Investments LLC
—
Deed Of Trust
related
$1,700,000 · Evertrust Bk
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.
Try Rey
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