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Property profile & analytics
OFF-MARKET
Estimated value
$6,515,000
Retail space
300 Main St Alhambra, CA 91801-6248
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9953822
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Construction
TILT-UP CONCRETE
Total area
23,080 SF
Lot
0.53 ac (23,082 SF)
Zoning code
ALCPD*
APN
5344-018-003
UPID
US09-9953822
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
-
Appliance Repair Alhambra Home Appliance Store
-
Quon Medical Center: Quon David K MD Physician
-
Dr. Wanda Quon Physician Medical Clinic
-
Pacific Plaza Business Service Center Corporate Office
-
HK Good Fortune Life Mart Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.86M
Comparable Approach
Comparable
$4.59M
Blend (final)
Blend
$6.52M
Owner & transaction history
First Plus Company LP · 9 yrs held
First Plus Company LP
since 2017
7 recorded transactions
Zoning & alternative use
ALCPD* · Alhambra, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.7M
+10.5%
Medical building
$10.5M
+8.6%
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%
$8,510,000
6.5%
$7,855,000
7%
$7,295,000
Alternative Use
Use
Estimation
RETAIL STORES
$9,660,000
Current use
AUTO REPAIR, GARAGE
$10,675,000
Change: +11% · Conversion: Difficult
MEDICAL BUILDING
$10,490,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$6.52M
Range $5.86M – $7.17M · ±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
$282 / 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
$132,482
Tax year 2024
Assessed value
$10,468,026
Assessed 2024
Previous assessed
$10,468,026
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$5,689,145
Assessed improvement
$4,778,881
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2016
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
23,080 SF
Lot
0.53 ac (23,082 SF)
Zoning code
ALCPD*
APN
5344-018-003
UPID
US09-9953822
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$9.7M
AUTO REPAIR, GARAGE
Est. value
$10.7M
MEDICAL BUILDING
Est. value
$10.5M
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.53 ac
Current owner
From public records · entity-resolved
First Plus Company LP
Entity
Mailing address
318 BREA CYN RD, CITY OF INDUSTRY, CA 91789-3093
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Jan 4, 2017
$9,200,000
First Plus Company LP
Pacific Plaza Investment LLC
Grant Deed
$5,500,000 · East West Bank
May 13, 2013
—
Pacific Plaza Investment LLC
—
Trustees Deed
related
$25,000,000 · First Com'l Bk
Jan 16, 2008
$10,500,000
Pacific Plaza Investment LLC
Wolhaupter,judith A
Grant Deed
—
Jan 16, 2008
—
Wolhaupter,judith A & 33
Wolhaupter,judith A
Quit Claim Deed
related
—
Nov 19, 2007
—
Wolhaupter,charles K
Wolhaupter,susan C
Quit Claim Deed
related
—
Oct 31, 2007
—
Wolhaupter,charles K
Wolhaupter,william F
Quit Claim Deed
related
—
Sep 28, 2007
—
Wolhaupter,john A Living Trust
Wolhaupter,john A
Quit Claim 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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