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Property profile & analytics
FOR LEASE
Office buildings
616 S Del Mar Ave San Gabriel, CA 91776
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6939825
For Lease
1 / 12
$1,230/Mo
616 S Del Mar Ave, San Gabriel, CA 91776
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1992
Construction
TILT-UP CONCRETE
Total area
4,376 SF
Lot
0.21 ac (9,317 SF)
Zoning code
SLCID*
APN
5368-010-028
UPID
US09-6939825
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
-
San Gabriel Valley Pediatric Physical Therapy Physician
-
Shining Acupuncture & Herb Medical Clinic Alternative Medicine Practice
-
Home Instead Home Health Care Service
-
FLIHH Holistic Wellness Studio Wellness Program
-
DF办公室 Immigration & Naturalization Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.15M
CAP Approach
CAP
$1.57M
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.15M
Owner & transaction history
T & T Asset Holding LLC · 1 yrs held
T & T Asset Holding LLC
since 2024
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
SLCID* · San Gabriel, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.9M
+13.6%
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 San Gabriel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Gabriel 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
$1,150,000
ML approach
$1,150,000
CAP Approach
CAP Return
Estimation
6%
$1,700,000
6.5%
$1,570,000
7%
$1,460,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,645,000
Current use
RETAIL STORES
$1,870,000
Change: +14% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,435,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±10% · vs last sale $1.15M (Oct 25 2024)
Last sale anchor
$1.15M
Oct 25 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
$263 / 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
$32,418
Tax year 2024
Assessed value
$2,356,200
Assessed 2024
Previous assessed
$2,356,200
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$1,532,040
Assessed improvement
$824,160
Applied tax rate
8.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
4,376 SF
Lot
0.21 ac (9,317 SF)
Zoning code
SLCID*
APN
5368-010-028
UPID
US09-6939825
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SLCID* · San Gabriel, CA
Zoning SLCID* · permitted uses
SLCID* · San Gabriel, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Gabriel. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.6M
RETAIL STORES
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.4M
OFFICE BUILDING Current
RETAIL STORES
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
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
T & T Asset Holding LLC
Entity
Free & Clear · 1 yrs held
Mailing address
586 TROJAN AVE, SAN DIEGO, CA 92115
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2024
$1,150,000
T & T Asset Holding LLC
Wu Cardona Cameron
Grant Deed
—
Sep 25, 2024
—
Cameron Wu Cardona S
Wu Cardona Cameron
Correction Deed
related
—
May 30, 2023
—
Wu Cardona Cameron
Waltraud Marianne Cardona
Affidavit Death Of Trustee/successor Trustee
related
—
Feb 11, 2010
—
Cardona Family Trust
Cardona Samuel
Quit Claim Deed
related
—
Jun 24, 2005
—
Cardona Family Trust
Cardona,samuel & Waltraud
Quit Claim Deed
related
—
Jul 28, 1969
—
Samuel Cardona
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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