Property profile & analytics
1411 Garfield Ave Alhambra, CA 91801-5022
- Office buildings
- 25,731 SF
- 0.58 lot acres
OFF-MARKET
Value Estimations
$9,240,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US09-9953638
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Quest Diagnostics / Medical Clinic
- Dr. Jenny Lee / Physician
- Dr. Rhoda Leichter / Physician
- Honghao Yang, MD / Physician
- Dr. Mathew Cheung / Physician
Property Details for 1411 Garfield Ave
- Year built
- 2017
- Construction
- CONCRETE
- Lot size
- 0.58 lot acres
- Property size
- 25,731 SF
- Zone code
- ALCPD-CO*
- Property type
- Office buildings
- APN
- 5357-009-037
- APU
- 5357009037
Description
Regent Plaza, located at 1411 S Garfield Ave, Alhambra, CA 91801, presents a unique investment opportunity. This three-story, 26,964 square foot building, constructed in 2015, offers a blend of retail and office space in a multiple-tenancy configuration. The property sits on a 0.58-acre lot and includes a substantial 132-space parking garage, ensuring ample parking for tenants and visitors. The building's reinforced concrete structure provides a durable and secure environment for its diverse tenant base, which currently includes medical, office, and retail businesses. The building features elevators for convenient access to all three floors. Its zoning is ALCPD*. The Assessor's Parcel Number (APN) is 5357-009-031. Regent Plaza benefits from its strategic location near various retail amenities, including Garden Cafe, Savoy Kitchen, Phoenix Dessert, and Taco Bell, enhancing its appeal and convenience. The property is situated in Alhambra, a prosperous suburb with an average household income exceeding $100,000 within a ten-mile radius, indicating a strong potential for sustained occupancy and rental income. The cross street is Valley Blvd. This property offers a compelling combination of modern construction, ample parking, and a desirable location in a thriving community.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $10,000,000
- 6.5%
- $9,230,000
- 7%
- $8,570,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $11,117,000
- AI Estimate
- $7,367,000
Market price range: $4.70M - $11.1MMarket price range: $1.89M - $8.34M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $8,575,000 Current use
- AUTO REPAIR, GARAGE
- $11,900,000 Change: +39% Conversion: Difficult
- MEDICAL BUILDING
- $11,695,000 Change: +36% Conversion: Easy
- RETAIL STORES
- $10,770,000 Change: +26% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $8,190,000 Change: -4% Conversion: Easy
- COMMERCIAL (GENERAL)
- $7,950,000 Change: -7% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Alhambra
- County
- Los Angeles
- State
- California
- Longitude
- -118.123
- Latitude
- 34.0779
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$145,389
$1,170,017
$10,575,216
$11,745,233
-
$0.00
$0.00
$0.00
