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Property profile & analytics
FOR SALE
Apartment buildings
400 S Atlantic Blvd, Alhambra, CA 91801
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-7596536
For Sale
$2,110,000
400 S Atlantic Blvd, Alhambra, CA 91801
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1950
Construction
WOOD
Total area
5,829 SF
Lot
0.3 ac (13,090 SF)
Zoning code
ALRPD*
APN
5338-027-011
UPID
US09-7596536
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
-
Pnl Logistics Inc Freight Service Logistics Company
-
Integrity Exterior & Interior Painting Painting Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.45M
Comparable Approach
Comparable
$2.50M
Blend (final)
Blend
$2.11M
Owner & transaction history
Lwll LLC
Lwll LLC
since 2025
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
ALRPD* · Alhambra, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.7M
+45.3%
Medical building
$2.7M
+42.8%
Retail stores
$2.4M
+31.5%
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%
$1,565,000
6.5%
$1,445,000
7%
$1,340,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,855,000
Current use
AUTO REPAIR, GARAGE
$2,695,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$2,650,000
Change: +43% · Conversion: Moderate
RETAIL STORES
$2,440,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$1,940,000
Change: +5% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,800,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$2.11M
Range $1.90M – $2.32M · ±10% · vs last sale $2.25M (Jun 15 2025)
Last sale anchor
$2.25M
Jun 15 2025
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
$362 / 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
$26,719
Tax year 2024
Assessed value
$2,062,408
Assessed 2024
Previous assessed
$2,062,408
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$883,707
Assessed improvement
$1,178,701
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
For Sale
Year built
1950
Construction
WOOD
Heating
NONE
Cooling
YES
Units
8
Bathrooms
8
Total area
5,829 SF
Lot
0.3 ac (13,090 SF)
Zoning code
ALRPD*
APN
5338-027-011
UPID
US09-7596536
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ALRPD* · Alhambra, CA
Zoning ALRPD* · permitted uses
ALRPD* · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.7M
RETAIL STORES
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1950
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
8
Bathrooms
8
Lot
0.3 ac
Current owner
From public records · entity-resolved
Lwll LLC
Entity
Mailing address
448 W SAXON AVE, SAN GABRIEL, CA 91776-5002
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2025
$2,250,000
Lwll LLC
Hang Kwan Tat
Grant Deed
$500,000 · American First National Bank
Jul 12, 2024
—
Patricia Wondries
Paul Charles Wondries
Deed
related
—
Dec 10, 2021
—
Paul C Wondries
—
Deed
related
$18,747,473 · Jill C Wonderies
Oct 23, 2020
—
Paul C Wondries
—
Deed
related
$7,500,000 · Bank Of America NA
Jul 11, 2014
—
Tat H Kwan
Chan,yuk L K
Quit Claim Deed
related
—
Jul 11, 2014
$1,750,000
Hang Kwan Tat
Cbn Hotel Group INC
Grant Deed
$790,000 · East West Bank
Jun 20, 2005
$1,225,000
Cbn Hotel Group INC
Rodriguez Family Trust
Grant Deed
—
Dec 1, 2003
$950,000
Rodriguez,tr
Howard,tr
Grant Deed
$725,000 · Howard Trust
Jun 1, 1999
$376,000
Renata E Howard Trustee
Whitlock Trust
Grant Deed
—
Mar 26, 1998
$307,000
Whitlock Trust
Hall,john L
Grant Deed
$306,700 · Seller
Dec 9, 1997
$301,237
John L Hall
Chang,ismail
Trustees Deed
—
Jun 7, 1995
—
Lau,chee C & Wanny C Trustees
Lau,c C & W C
Quit Claim Deed
related
—
May 4, 1995
—
Chee C Lau
Lau,c C & W
Quit Claim Deed
related
—
Aug 9, 1989
—
Chee C Lau
Lau
Quit Claim Deed
related
—
Jun 26, 1989
$72,591
Transponder
Chang
Trustees Deed
related
—
Jun 26, 1989
$218,000
Haven Exchangers
Yang
Trustees Deed
related
—
Jan 20, 1989
$530,000
Gsm Inv Properti
Property Transfe
Trustees Deed
related
—
Jan 20, 1989
$272,000
Property Transfe
Pert
Trustees Deed
related
—
Jan 20, 1989
$285,000
Yang George&
Gsm
Trustees Deed
related
—
Jan 20, 1989
$95,318
Chang Ismail
Mutua
Trustees Deed
related
—
Jan 20, 1989
—
Yang
—
Grant Deed
related
$427,500 · Gibraltar Savings Bank Fsb
—
—
Whitlock Trust
—
Deed Of Trust
related
$40,000 · Individual
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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