Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    919 Fremont Ave Ste, Unit 378 Alhambra, CA 91803-4701
    Property profile & analytics

    919 Fremont Ave Ste, Unit 378, Alhambra, CA 91803-4701

    View on Map
    • Industrial properties
    • 1,618 SF
    • 1.84 lot acres
    Off-Market
    Last Sale Sep 4, 2024
    $388,000
    Property ID
    US09-6206375
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 919 Fremont Ave Ste

    Year built
    1991
    Construction
    TILT-UP CONCRETE
    Lot size
    1.84 lot acres
    Zone code
    ALMPD*
    Property type
    Industrial properties
    APN
    5342-031-035
    APU
    5342031035

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 4, 2024 — Neil Lee Neil Lee Intrafamily Transfer · related —
    Jul 30, 2024 — Neil Lee — Deed · related $400k · American Continental Bank
    Sep 9, 2020 — Neil Lee — Deed · related $225k · American Continental Bank
    Apr 26, 2017 — Neil Lee — Deed · related $440k · American Continental Bank
    Aug 5, 2013 $388,000 Neil Lee Wong Margie Y K & H T Grant Deed —
    Oct 28, 2008 $525,000 Wong Margie Y K & Henry T JR Tr Wong Kenneth C Trust Grant Deed · related —
    Apr 9, 2003 $180,000 Wong,tr Hsu & Associates Grant Deed —
    Jun 14, 1995 — Hsu — Deed Of Trust · related —
    — — Hsu & Associates LP — Deed Of Trust · related $665k · First Continental Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Alhambra
    County
    Los Angeles
    State
    California
    Longitude
    -118.152
    Latitude
    34.0837
    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
    $5,937
    $228,342
    $237,956
    $466,298
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,109 SF

      901 Fremont Ave Ste, Unit 208

      INDUSTRIAL (GENERAL)
      901 Fremont Ave Ste, Alhambra, CA 91803-4705
      View Details
    • Value Estimation by Request
      1,955 SF

      901 Fremont Ave Ste, Unit 108

      INDUSTRIAL (GENERAL)
      901 Fremont Ave Ste, Alhambra, CA 91803-4703
      View Details
    • Value Estimation
      $555,000
      2,086 SF

      901 Fremont Ave Ste, Unit 278

      INDUSTRIAL (GENERAL)
      901 Fremont Ave Ste, Alhambra, CA 91803-4706
      View Details
    • Value Estimation by Request
      1,479 SF

      919 Fremont Ave Ste, Unit 348

      INDUSTRIAL (GENERAL)
      919 Fremont Ave Ste, Alhambra, CA 91803-4742
      View Details
    • Value Estimation by Request
      1,864 SF

      919 Fremont Ave Ste, Unit 388

      INDUSTRIAL (GENERAL)
      919 Fremont Ave Ste, Alhambra, CA 91803-4701
      View Details
    • Value Estimation
      $550,000
      3,185 SF

      919 Fremont Ave Ste, Unit 398

      INDUSTRIAL (GENERAL)
      919 Fremont Ave Ste, Alhambra, CA 91803-4701
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      23,514 SF

      Alhambra Industrial Property For Sale

      23,514 SqFt industrial property available in Alhambra, California.
      1121 S Meridian Ave, Alhambra, CA 91803
      View Details
    • $6,500,000

      Alhambra Office, Warehouse, Kitchen Facility

      Two-story building with office, warehouse, and central kitchen.
      429 S Palm Ave, Alhambra, CA 91803
      View Details
    • $4,250,000
      23,514 SF

      Alhambra Industrial Property For Sale

      Established industrial property in San Gabriel Valley, ideal for owner-user.
      1121 S Meridian Ave, Alhambra, CA 91803
      View Details
    • Contact for pricing
      2,675 SF

      Alhambra Industrial Condo For Sale

      High-image industrial condo in Alhambra, leased through April 2027.
      1135 Westminster Ave, Alhambra, CA 91803
      View Details
    • $5,100,000
      15,600 SF

      Alhambra Mixed-Use Investment

      Prime Alhambra location, dual income potential.
      Vly Blvd Blvd, Alhambra, CA 91803
      View Details
    • $3,900,000
      6,789 SF

      Alhambra Multifamily Conversion Opportunity

      Prime location near 710 Freeway with development flexibility.
      1749 W Valley Blvd, Alhambra, CA 91803
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Alhambra Industrial Single Tenant Space

      Industrial space available for rent in Alhambra, California.
      711-721 South Palm Ave, Alhambra, CA 91803
      View Details
    • Contact for pricing
      12,500 SF

      Alhambra Industrial Space Sublease

      Industrial space available for sublease in Alhambra, California.
      500-506 S Palm Ave, Alhambra, CA 91803
      View Details
    • $37,500
      15,029 SF

      Alhambra Commercial Kitchen and Warehouse

      Turnkey commercial kitchen, warehouse, and office space for lease.
      429 S Palm Ave, Alhambra, CA 91803
      View Details
    • Contact for pricing
      12,470 SF

      Alhambra Warehouse/Flex Space Available

      Prime industrial flex space for lease in Alhambra.
      2008 Orange St, Alhambra, CA 91803
      View Details
    • $1.69 SF/Yr

      Alhambra Flex/Industrial Space Available

      Flex/Industrial space for rent in Alhambra, California.
      711 South Palm Ave, Alhambra, CA 91803
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    919 Fremont Ave Ste, Unit 378
    Alhambra, CA 91803-4701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    919 Fremont Ave Ste, Alhambra, CA, 91803
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!