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Property profile & analytics
FOR LEASE
Office buildings
1721 Garvey Ave, Alhambra, CA 91803
Individually Owned
Absentee Owner
Free & Clear
Property ID
US09-7769717
For Lease
1 / 6
$1,140/Mo
1721 Garvey Ave, Alhambra, CA 91803
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
TILT-UP CONCRETE
Total area
9,482 SF
Lot
0.61 ac (26,413 SF)
Zoning code
ALCO*
APN
5353-017-019
UPID
US09-7769717
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
-
Damascus Road Travel Travel Agency
-
Law Office of Hector Hu Law Firm
-
Unical Group Inc Logistics Company
-
APF Travel Inc Travel Agency
-
GoLatin Travel Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.73M
Blend (final)
Blend
$1.64M
Owner & transaction history
Andrew Y Ma And Ellen K Wang Liv Tr
Andrew Y Ma And Ellen K Wang Liv Tr
since 2026
7 recorded transactions
Zoning & alternative use
ALCO* · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.64M
Range $1.47M – $1.80M · ±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
$172 / 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
$19,288
Tax year 2024
Assessed value
$1,333,082
Assessed 2024
Previous assessed
$1,333,082
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$749,861
Assessed improvement
$583,221
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
OFFICE BUILDING
Status
For Lease
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
9,482 SF
Lot
0.61 ac (26,413 SF)
Zoning code
ALCO*
APN
5353-017-019
UPID
US09-7769717
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ALCO* · Alhambra, CA
Zoning ALCO* · permitted uses
ALCO* · 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.
Building & site characteristics
From public records
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Andrew Y Ma And Ellen K Wang Liv Tr
Individual
Free & Clear · 0 yrs held
Mailing address
1521 S 4TH AVE, ARCADIA, CA 91006-4229
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2026
—
Andrew Y Ma And Ellen K Wang Liv Tr
Andrew Yungcitee Ma
Deed
—
May 26, 2015
—
Ma,a Y Living Trust
Ma Andrew
Quit Claim Deed
related
—
May 27, 2008
—
Cheng Theresa Trust
Cheng,theresa H
Quit Claim Deed
related
—
Mar 23, 2007
—
Theresa H Cheng
Cheng,john Y C
Quit Claim Deed
related
—
Apr 28, 1994
$800,000
John Y Cheng
Monterey Apartme
Grant Deed
$600,000 · Seller
Jan 28, 1988
$1,300,000
Montereylittlero
One
Trustees Deed
—
—
—
Monterey Apts INC
—
Deed Of Trust
related
$39,880 · One Central 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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