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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5848 Cloverly Ave Temple City, CA 91780-2129

    • Retail space
    • 3,760 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimations
    $1,180,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-9162942
    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

    • Cloverly Barber Shop / Barber Shop

    Property Details for 5848 Cloverly Ave

    Year built
    1940
    Construction
    WOOD
    Lot size
    0.12 lot acres
    Property size
    3,760 SF
    Zone code
    TCC1*
    Property type
    Retail space
    APN
    8587-012-020
    APU
    8587012020

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,385,000
      6.5%
      $1,280,000
      7%
      $1,190,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $738,000
      Market price range: $248k - $739k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,515,000
      Current use
      AUTO REPAIR, GARAGE
      $1,740,000
      Change: +15% Conversion: Difficult
      MEDICAL BUILDING
      $1,710,000
      Change: +13% Conversion: Difficult
      OFFICE BUILDING
      $1,685,000
      Change: +11% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Temple City
    County
    Los Angeles
    State
    California
    Longitude
    -118.063
    Latitude
    34.106
    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
    $27,545
    $1,367,057
    $907,724
    $2,274,781
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,430,000
      5,876 SF

      9042 Las Tunas Dr

      RETAIL STORES (PERSONAL SERVICES) • 5,876 SF
      9042 Las Tunas Dr, Temple City, CA 91780-1834
      View Details
    • Value Estimation
      $2,645,000
      11,856 SF

      9950 Las Tunas Dr

      RETAIL STORES (PERSONAL SERVICES) • 11,856 SF
      9950 Las Tunas Dr, Temple City, CA 91780
      View Details
    • Value Estimation
      $685,000
      2,500 SF

      9606 Las Tunas Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,500 SF
      9606 Las Tunas Dr, Temple City, CA 91780-2108
      View Details
    • Value Estimation
      $1,350,000
      7,000 SF

      10693 Lowr Azusa Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,000 SF
      10693 Lowr Azusa Rd, Temple City, CA 91780-4128
      View Details
    • Value Estimation
      $650,000
      3,060 SF

      9032 Las Tunas Dr

      RETAIL STORES (PERSONAL SERVICES) • 3,060 SF
      9032 Las Tunas Dr, Temple City, CA 91780-1834
      View Details
    • Value Estimation
      $940,000
      2,960 SF

      9149 Las Tunas Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,960 SF
      9149 Las Tunas Dr, Temple City, CA 91780-1906
      View Details

    Similar Nearby for Sale

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      Established Nail Salon Opportunity

      Long-standing nail salon business for sale in Temple City.
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      60,000 SF

      Retail Space in Mixed-Use Property

      Ground floor retail space in Temple City mixed-use property.
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      1,610.00 Acres

      Temple City Land Opportunity

      Land lot in Temple City, sold as is.
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      Corner Commercial Property For Sale

      High-visibility corner commercial property, previously medical office, with parking.
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      Temple City Multifamily Residence

      Multifamily residence in Temple City with income potential.
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    Similar Nearby for Lease

    • $39 SF/Yr
      7,572 SF

      Rosemead Blvd Retail Spaces Available

      Prime Temple City Retail, Multiple Units
      5570 Rosemead Blvd, Temple City, CA 91780
      View Details
    • $1,000 /Mo
      800 SF

      Retail Space in Temple City

      Retail space featuring three rooms and one restroom in Temple City.
      4817 El Monte Ave, Temple City, CA 91780
      View Details
    • Contact for pricing

      Retail Space in Prime Location

      Retail space with high visibility and traffic in Temple City.
      9040 Las Tunas Dr, Temple City, CA 91780
      View Details
    • Contact for pricing
      2,300 SF

      Retail Space with Drive-Thru

      Retail space available for lease, suitable for drive-thru restaurant.
      9803 Las Tunas Dr, Temple City, CA 91780
      View Details
    • $1.70 SF/Yr
      1,810 SF

      Industrial Space in Santa Anita

      Multi-tenant industrial building in Santa Anita Business Park.
      4961 Santa Anita Ave, Temple City, CA 91780
      View Details
    • $1.55 SF/Yr
      400 SF

      Temple City First Floor Office

      First floor office space available for rent in Temple City.
      4957-4959 Santa Anita Ave, Temple City, CA 91780
      View Details
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    5848 Cloverly Ave
    Temple City, CA 91780-2129
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    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
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