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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Apartment buildings
215 5th St, Alhambra, CA 91801-3776
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-8559044
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1989
Construction
WOOD
Total area
5,460 SF
Lot
0.17 ac (7,600 SF)
Zoning code
ALRPD*
APN
5344-012-028
UPID
US09-8559044
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
-
215 Alhambra Apartments Apartment Building
-
Joe's Water Heater Repair Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$920k
Owner & transaction history
Innovatie Investment LLC
Innovatie Investment LLC
since 2025
7 recorded transactions
Zoning & alternative use
ALRPD* · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$168 / 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
$13,451
Tax year 2024
Assessed value
$985,801
Assessed 2024
Previous assessed
$985,801
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$339,924
Assessed improvement
$645,877
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
5
Rooms
6
Bathrooms
10
Total area
5,460 SF
Lot
0.17 ac (7,600 SF)
Zoning code
ALRPD*
APN
5344-012-028
UPID
US09-8559044
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ALRPD* · Alhambra, CA
Zoning ALRPD* · permitted uses
ALRPD* · 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
1989
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
5
Rooms
6
Bathrooms
10
Lot
0.17 ac
Current owner
From public records · entity-resolved
Innovatie Investment LLC
Entity
Free & Clear · 0 yrs held
Mailing address
4222 W 177TH ST, TORRANCE, CA 90504-3631
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2026
—
Innovatie Investment LLC
—
Deed
related
$1,040,000 · Jpmorgan Chase Bank NA
Dec 3, 2025
—
Innovatie Investment LLC
Erjian Sun
Grant Deed
—
Oct 14, 2025
$1,961,000
Erjian Sun
Tiem Brothers LLC
Grant Deed
—
Nov 2, 2010
—
Tiem Brothers LLC
Lee,how T
Grant Deed
—
Apr 30, 1993
$580,000
How T Lee
215 S 5th St Ven
Grant Deed
$203,150 · North American Mortgage
—
—
S 5th St Ven 215
—
Deed Of Trust
related
—
—
—
215
—
Deed Of Trust
related
$390,000 · Super Finl
—
—
S 5th St Ven 215
—
Deed Of Trust
related
$300,000 · Guardian 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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