Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2416 Vly Blvd Alhambra, CA 91803-1932

    • Investment properties
    • 4,000 SF
    • 0.14 lot acres
    OFF-MARKET
    Last Sale
    Jun 14, 2021
    Value Estimations
    $905,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8673859
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Perfect Design & Engineering / Mechanical Engineer

    Property Details for 2416 Vly Blvd

    Year built
    1964
    Construction
    TILT-UP CONCRETE
    Lot size
    0.14 lot acres
    Property size
    4,000 SF
    Zone code
    ALCPD*
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    5355-008-035
    APU
    5355008035

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,350,000
      6.5%
      $1,245,000
      7%
      $1,155,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $614,000
      Market price range: $301k - $757k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,235,000
      Current use
      OFFICE BUILDING
      $1,335,000
      Change: +8% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,175,000
      Change: -5% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Alhambra
    County
    Los Angeles
    State
    California
    Longitude
    -118.15
    Latitude
    34.0767
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,339
    $398,397
    $480,492
    $878,889
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,115,000
      3,978 SF

      345 Vly Blvd

      STORE/OFFICE (MIXED USE) • 3,978 SF
      345 Vly Blvd, Alhambra, CA 91803-3355
      View Details
    • Value Estimation
      $2,965,000
      17,969 SF

      1245 Vly Blvd

      STORE/OFFICE (MIXED USE) • 17,969 SF
      1245 Vly Blvd, Alhambra, CA 91803
      View Details
    • Value Estimation
      $1,340,000
      6,698 SF

      1827 Vly Blvd

      STORE/OFFICE (MIXED USE) • 6,698 SF
      1827 Vly Blvd, Alhambra, CA 91803-2344
      View Details
    • Value Estimation
      $1,090,000
      2,850 SF

      1424 Vly Blvd

      STORE/OFFICE (MIXED USE) • 2,850 SF
      1424 Vly Blvd, Alhambra, CA 91803-2320
      View Details
    • Value Estimation by Request
      1,750 SF

      2894 Vly Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,750 SF
      2894 Vly Blvd, Alhambra, CA 91803-1858
      View Details
    • Value Estimation by Request
      1,915 SF

      1425 Westminster Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,915 SF
      1425 Westminster Ave, Alhambra, CA 91803-1853
      View Details

    Similar Nearby for Sale

    • $69,888
      0.84 Acres

      Alhambra Restaurant - Turnkey Opportunity

      Established Mexican eatery, high-traffic location.
      2620 Valley Blvd, Alhambra, CA 91803
      View Details
    • Contact for pricing
      1,425 SF

      Alhambra Mixed-Use Space - $1900/Month

      Spacious Alhambra mixed-use unit, prime location.
      1212 Unit 201, Alhambra, CA 91803
      View Details
    • $5,100,000
      15,600 SF

      Alhambra Mixed-Use Investment

      Prime Alhambra location, dual income potential.
      Vly Blvd Blvd, Alhambra, CA 91803
      View Details
    • $1,280,000

      Valley Blvd Car Wash Property

      Car wash property on Valley Blvd in Alhambra, Los Angeles.
      2013 W Valley Blvd, Alhambra, CA 91803
      View Details
    • $6,500,000
      15,029 SF

      Alhambra Commercial Kitchen and Warehouse

      Turnkey office, warehouse, and central kitchen facility in Alhambra.
      429 S Palm Ave, Alhambra, CA 91803
      View Details
    • $65,000

      Established Mexican Restaurant Opportunity

      Profitable Mexican restaurant with fixtures and equipment in Alhambra, CA.
      2620 W Valley Blvd, Alhambra, CA 91803
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      16,710 SF

      Alhambra Office Building - 16,710 SF

      Prime Alhambra office space, multiple tenants.
      407 Valley Blvd, Alhambra, CA 91803
      View Details
    • $24 SF/Yr
      4,000 SF

      Alhambra Retail Space - Valley Blvd

      Prime Alhambra retail space, high visibility location.
      1533 Valley Blvd, Alhambra, CA 91803
      View Details
    • $0.98 SF/Yr
      30,744 SF

      Free Standing Building For Rent

      3,000 SF showroom with high ceiling and HVAC.
      1600 Orange St, Alhambra, CA 91803
      View Details
    • $2,000 /Mo

      Cozy Alhambra Unit For Rent

      One bedroom, one bath unit with modern amenities and shared courtyard.
      1100 Winthrop Dr, Alhambra, CA 91803
      View Details
    • $1,750 /Mo

      Alhambra Office/Retail Space For Rent

      Office/Retail space in a mixed-use building, prime location.
      1212 S Atlantic Blvd, Alhambra, CA 91803
      View Details
    • $39 SF/Yr
      1,920 SF

      Alhambra Retail Space: 550 SF Available

      Prime Alhambra retail space, ideal for various businesses.
      525 Valley Blvd, Alhambra, CA 91803
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2416 Vly Blvd
    Alhambra, CA 91803-1932
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.