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Property profile & analytics
FOR LEASE
Investment properties
240 W Main St Alhambra, CA 91801
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7591189
For Lease
1 / 5
$14,000/Mo
240 W Main St, Alhambra, CA 91801
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1928
Construction
TILT-UP CONCRETE
Total area
16,472 SF
Lot
0.39 ac (17,000 SF)
Zoning code
ALCBD/DRD*
APN
5345-004-001
UPID
US09-7591189
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
-
Krispy Krunchy Chicken Restaurant
-
Big T Mini Mart Specialty Food Shop Supermarket
-
Mancora Peruvian Cuisine Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.40M
Blend (final)
Blend
$2.27M
Owner & transaction history
Rosemead-greenwood Dev LLC · 21 yrs held
Rosemead-greenwood Dev LLC
since 2005
7 recorded transactions
Zoning & alternative use
ALCBD/DRD* · 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
$2.27M
Range $2.04M – $2.49M · ±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
$138 / 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
$25,808
Tax year 2024
Assessed value
$1,913,206
Assessed 2024
Previous assessed
$1,913,206
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$1,510,070
Assessed improvement
$403,136
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1928
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
16,472 SF
Lot
0.39 ac (17,000 SF)
Zoning code
ALCBD/DRD*
APN
5345-004-001
UPID
US09-7591189
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ALCBD/DRD* · Alhambra, CA
Zoning ALCBD/DRD* · permitted uses
ALCBD/DRD* · 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
1928
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Rosemead-greenwood Dev LLC
Entity
Mailing address
248 E MAIN ST STE #202, ALHAMBRA, CA 91801-3588
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2020
—
Richnet International Group INC
—
Deed
related
$900,000 · East West Bank
Sep 27, 2019
—
Rosemead Greenwood Development LLC
—
Deed
related
$1,250,000 · Cathay Bank
Apr 25, 2005
$1,350,000
Rosemead-greenwood Dev LLC
Sun Trust
Grant Deed
—
Feb 18, 2000
$353,000
Sun Trust
Sun Trust
Grant Deed
related
—
Apr 26, 1996
—
Sun,pi-lin & Hwei-chih C Trustee
Sun,p & H C
Quit Claim Deed
related
—
Mar 14, 1989
$1,325,000
Sun Pilin&hweich
Corpanex
Trustees Deed
$845,000 · Glendale Federal Bank
Mar 14, 1989
$710,000
Corpanex
Larot
Trustees Deed
related
—
—
—
Rosemead-greenwood Dev LLC
—
Deed Of Trust
related
$500,000 · East West Bank
—
—
Kwo-tai R Sun
—
Deed Of Trust
related
$540,000 · United National 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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