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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Office buildings
1501 Msn Rd, Alhambra, CA 91803-1618
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8789583
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1968
Construction
TILT-UP CONCRETE
Total area
2,468 SF
Lot
0.26 ac (11,146 SF)
Zoning code
ALMPD*
APN
5343-001-022
UPID
US09-8789583
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
-
Alhambra Veterinary Hospital Veterinary Clinic
-
Alhambra Animal Hospital: Heidi Henstra & Christine Carrillo, DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
$885k
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$995k
Owner & transaction history
Johdri Holdings LLC · 5 yrs held
Johdri Holdings LLC
since 2021
Last sale
$1.0M
2 recorded transactions
Zoning & alternative use
ALMPD* · 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
$1,030,000
ML approach
$1,155,000
CAP Approach
CAP Return
Estimation
6%
$960,000
6.5%
$885,000
7%
$820,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$820,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,500,000
Change: +83% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,140,000
Change: +39% · Conversion: Difficult
MEDICAL BUILDING
$1,120,000
Change: +36% · Conversion: Easy
RETAIL STORES
$1,035,000
Change: +26% · Conversion: Moderate
COMMERCIAL (GENERAL)
$765,000
Change: -7% · Conversion: Easy
WAREHOUSE, STORAGE
$725,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±10% · vs last sale $1.00M (Feb 25 2021)
Last sale anchor
$1.00M
Feb 25 2021
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
$403 / 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
$13,689
Tax year 2024
Assessed value
$1,061,207
Assessed 2024
Previous assessed
$1,061,207
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$636,724
Assessed improvement
$424,483
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
1968
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
OTHER
Stories
1
Total area
2,468 SF
Lot
0.26 ac (11,146 SF)
Zoning code
ALMPD*
APN
5343-001-022
UPID
US09-8789583
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.
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
$765,000
WAREHOUSE, STORAGE
Est. value
$725,000
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
1968
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Johdri Holdings LLC
Entity
Mailing address
5602 E ALLOWAY CT, LOS ANGELES, CA 90042-1872
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2021
$1,000,000
Johdri Holdings LLC
Richard G Beagle
Grant Deed
$800,000 · Bank Of America NA
Sep 9, 1992
$410,000
Richard G Beagle
S&f Trust
Grant Deed
$325,000 · Cathay 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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