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Property profile & analytics
OFF-MARKET
Estimated value
$1,430,000
Apartment buildings
326 2nd St Alhambra, CA 91801-2331
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9620363
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1956
Construction
WOOD
Total area
3,098 SF
Lot
0.18 ac (7,900 SF)
Zoning code
ALRPD*
APN
5337-012-014
UPID
US09-9620363
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.43M
Owner & transaction history
Woodward Grand LP · 2 yrs held
Woodward Grand LP
since 2024
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
ALRPD* · Alhambra, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.9M
+91.2%
Auto repair, garage
$1.4M
+45.3%
Medical building
$1.4M
+42.8%
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
$1,430,000
ML approach
$1,430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$985,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,885,000
Change: +91% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,435,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$1,410,000
Change: +43% · Conversion: Moderate
RETAIL STORES
$1,295,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$1,030,000
Change: +5% · Conversion: Moderate
COMMERCIAL (GENERAL)
$955,000
Change: -3% · Conversion: Moderate
WAREHOUSE, STORAGE
$910,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.43M
Range $1.29M – $1.57M · ±10% · vs last sale $1.43M (Feb 12 2024)
Last sale anchor
$1.43M
Feb 12 2024
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
$462 / 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
$20,407
Tax year 2024
Assessed value
$1,565,553
Assessed 2024
Previous assessed
$1,565,553
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,017,088
Assessed improvement
$548,465
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
1956
Construction
WOOD
Heating
NONE
Cooling
YES
Units
7
Bathrooms
7
Total area
3,098 SF
Lot
0.18 ac (7,900 SF)
Zoning code
ALRPD*
APN
5337-012-014
UPID
US09-9620363
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ALRPD* · Alhambra, CAZoning ALRPD* · permitted uses
ALRPD* · Alhambra, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$985,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$955,000
WAREHOUSE, STORAGE
Est. value
$910,000
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1956
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
7
Bathrooms
7
Lot
0.18 ac
Current owner
From public records · entity-resolved
Woodward Grand LP
Entity
Free & Clear · 2 yrs held
Mailing address
312 AGOSTINO RD, SAN GABRIEL, CA 91776-2505
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Feb 12, 2024
—
Woodward Grand LP
Woodward Grand LLC
Intrafamily Transfer
related
—
Mar 30, 2021
—
Woodward Grand LLC
—
Deed
related
$1,385,000 · Jpmorgan Chase Bank NA
Jan 9, 2019
$1,430,000
Woodward Grand LLC
Deborah Hui
Grant Deed
$900,000 · Jpmorgan Chase Bank NA
Apr 27, 2016
$557,500
Ching-tam Trust
Yue Trust
Grant Deed
—
May 3, 2012
—
Tam Wong-bung Tr
Ching,mei-lin
Affidavit Of Death
—
Jul 16, 1999
—
Yue Donald C
Yue,d C & K S
Quit Claim Deed
related
—
Jul 1, 1999
—
Donald C Yue
Yue,d C & K S Trustees
Quit Claim Deed
related
—
Mar 29, 1994
—
Yue Donald C
Yue,d C&k
Quit Claim Deed
related
—
—
—
Donald C Yue
—
Deed Of Trust
related
$180,000 · Standard Savings 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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