Alhambra Industrial Condo For
1135 Westminster Ave Alhambra, CA
1135 Westminster Ave, Alhambra, CA, 00000
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For Sale
Contact for pricing
High-image industrial condo in Alhambra, leased through April 2027.
Property Size2,675 SF
Lot Size2.62 Acres
Price / SF$371.96
Days on Market297
Property Features for 1135 Westminster Ave
General Information
- Standard status
- Active
- Size
- 2,675 SF
- Lot size
- 2.62 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Newmark
(657) 532-8400
Listed by
Rob Castro · License #RELIC.#01492673
(657) 532-8400
Source
Moodyscre
Added: Sep 29, 2025 Updated: Jul 6 at 9:51AM Checked: Jul 21 at 3:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark
Investment Insights
Based on property information with market context.
This industrial condo, constructed in 2008, features 21-foot ceilings and two-story office space. The property is currently leased through April 30, 2027, presenting an industrial investment opportunity. Located in Alhambra, it is within minutes of South Pasadena, San Marino, and Pasadena, offering convenient access to multiple restaurants and retail options just blocks away. The property provides good access to the 10, 110, and 710 Freeways. The property contains 2,675 square feet.
Key Highlights
- Leased Through 4/30/2027 (providing immediate income)
- High Image Industrial Condo
- Good Access to 10/110/710 Freeways
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.0k | $16.08 |
| − Vacancy | −$2.1k | −$0.77 |
| EGI | $40.9k | $15.31 |
| − OpEx | −$6.1k | −$2.30 |
| NOI | $34.8k | $13.01 |
2,675 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$497.2K
$435.1K – $580.1K
NOI $34,807 @ 7.0% cap · market cap 3.50%
Second Best
Industrial
$446.6K
$390.8K – $521.0K
NOI $31,260 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,253 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Taslef Inc
(Bike/Boat/Book/etc) Store
Nashor Group
Corporate Office
Cilicon
(Bike/Boat/Book/etc) Store
Little Jasmine
Food Processing Plant
METALIFE INC
Marketing & Advertising
Similar For Sale Nearby
Similar Off Market Nearby
- Public Storage — 2101 W Mission Rd, Alhambra, CA 91803
- Personal Units 4U — 2207 W Commonwealth Ave, Alhambra, CA 91803
- US Storage Centers — 2500 W Hellman Ave, Alhambra, CA 91803
- Self Storage — 5460 Valley Blvd, Los Angeles, CA 90032
- Extra Space Storage — 2000 W Mission Rd, Alhambra, CA 91803
FAQs
What type of property is this?
Warehouse - High-image industrial condo in Alhambra, leased through April 2027.
Where is this warehouse located?
The property is located at 1135 Westminster Ave Alhambra, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Leased Through 4/30/2027 (providing immediate income); High Image Industrial Condo; Good Access to 10/110/710 Freeways
