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Property profile & analytics
OFF-MARKET
Estimated value
$9,965,000
Medical Office Space
1668 Garfield Ave Alhambra, CA 91801-5400
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9114630
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Construction
STEEL FRAME
Total area
38,320 SF
Lot
0.62 ac (26,869 SF)
Zoning code
ALRP
APN
5359-025-031
UPID
US09-9114630
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
-
Chan Wing C MD Physician
-
Somer Williams, Crna Physician
-
Dr. Firmin C. Ho, MD Physician
-
Dr. Thomas S. Lam, MD Physician
-
TU TRANVAN Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.18M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.97M
Owner & transaction history
Medical Property Partners LLC · 5 yrs held
Medical Property Partners LLC
since 2020
3 recorded transactions
Zoning & alternative use
ALRP · 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%
$12,110,000
6.5%
$11,180,000
7%
$10,380,000
Alternative Use
Use
Estimation
RETAIL STORES
$16,040,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$9.97M
Range $8.97M – $10.96M · ±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
$260 / 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
$166,508
Tax year 2024
Assessed value
$13,298,134
Assessed 2024
Previous assessed
$13,298,134
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,564,460
Assessed improvement
$11,733,674
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
NONE
Cooling
OTHER
Stories
1
Total area
38,320 SF
Lot
0.62 ac (26,869 SF)
Zoning code
ALRP
APN
5359-025-031
UPID
US09-9114630
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ALRP · Alhambra, CA
Zoning ALRP · permitted uses
ALRP · 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
RETAIL STORES
Est. value
$16.0M
RETAIL STORES
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
2002
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Medical Property Partners LLC
Entity
Mailing address
1680 S GARFIELD AVE #102, ALHAMBRA, CA 91801-5413
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2020
—
Medical Property Partners LLC
—
Deed
related
$6,368,000 · East West Bk
—
—
Medical Property Partners LLC
—
Deed Of Trust
related
$7,800,000 · Metrobank
—
—
Medical Property Partners LLC
—
Loan Modification
related
$6,368,000 · East West 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.
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