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Property profile & analytics
OFF-MARKET
Estimated value
$2,035,000
Turn key restaurants
2990 Vly Blvd Alhambra, CA 91803-1819
Trust Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8722456
Property summary
AI-generated overview
This exceptional investment opportunity presents a stabilized, multi-tenant QSR property located at 2970-2990 Valley Blvd., Alhambra, CA 91803. The property consists of two single-story buildings totaling 2,808 square feet, built in 1967, situated on a 18,286 square foot lot. Currently boasting 100% occupancy since January 1, 1994, the property features two tenants under a Net Net (NN) lease structure, generating a substantial Net Operating Income (NOI) of $108,000. This translates to an attractive cap rate of 4.32% and a price per square foot of $889.96, based on the asking price of $2,499,000. The property offers ample parking with 30 spaces available. The property is offered fee simple and is suitable for a 1031 exchange. Located in Los Angeles County, this prime Alhambra location provides excellent access and visibility. The property's APN is 5351-012-027 & 028. This is a rare opportunity to acquire a well-performing, established QSR investment with a strong history of consistent income.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1967
Construction
TILT-UP CONCRETE
Total area
1,176 SF
Lot
0.26 ac (11,536 SF)
Zoning code
ALCPD*
APN
5351-012-027
UPID
US09-8722456
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
-
TNT Fireworks Discount Store Party Supply Store
-
Aloha Food Factory Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$2.04M
Owner & transaction history
Arakelian Living Trust · 6 yrs held
Arakelian Living Trust
since 2020
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
ALCPD* · 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
$2,055,000
ML approach
$2,175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.04M
Range $1.83M – $2.24M · ±10% · vs last sale $1.95M (Mar 26 2020)
Last sale anchor
$1.95M
Mar 26 2020
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
$1,730 / 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
$16,542
Tax year 2024
Assessed value
$1,181,562
Assessed 2024
Previous assessed
$1,181,562
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$918,875
Assessed improvement
$262,687
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1967
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
1,176 SF
Lot
0.26 ac (11,536 SF)
Zoning code
ALCPD*
APN
5351-012-027
UPID
US09-8722456
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ALCPD* · Alhambra, CA
Zoning ALCPD* · permitted uses
ALCPD* · 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
1967
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Arakelian Living Trust
Trust
Free & Clear · 6 yrs held
Mailing address
2015 N CATALINA ST, LOS ANGELES, CA 90027-1825
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2020
$1,950,000
Arakelian Living Trust
Dupuy Trust
Grant Deed
—
Jul 31, 2017
—
Pierre Dupuy
Dupuy,frank E
Affidavit Of Death
—
Feb 16, 2017
—
Pierre Dupuy
Dupuy,johanna H
Affidavit Of Death
—
Nov 4, 2010
—
Dupuy Trust
Dupuy,frank E & Johanna H
Quit Claim Deed
related
—
Jan 1, 1968
—
—
—
Grant Deed
related
—
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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