Medical/Office Condo in
For Sale
$625,000
330 South Garfield Avenue Suite 248, Alhambra, CA 91801
Medical/office condo near hospitals with convenient access and parking.
Property Size1,363 SF
Price / SF$458.55
Days on Market257
Property Features for 330 South Garfield Avenue Suite 248
General Information
Standard status
Active
Size
1,363 SF
Property subtype
Office
Building Details
Year Built
1988
Listing Agency:
SVN | Rich Investment Real Estate Partners Sherman Oaks
(818) 324-5386
Listed By:
Christian Hayes · License #CalDRE #01115674
(818) 324-5386
Source:
Svn
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Aug 5 at 4:51AM
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 SVN | Rich Investment Real Estate Partners Sherman Oaks
Investment Insights
Based on property information with market context.
This medical/office condominium is located in The Garfield Center, featuring two elevators and 256 parking spaces across three levels. Its strategic location near three major hospitals makes it ideal for medical businesses. The property offers practical medical office suites with drop ceilings and multiple individual office configurations. The building provides 24/7 secured access with tenant key and a day porter. Situated in Alhambra, the location offers access to diverse dining options and the Alhambra Place Shopping Center. The historic Garfield Theatre provides entertainment. The area's proximity to major freeways and public transportation ensures convenient access for employees and clients. Located in Downtown Alhambra, it is blocks away from Main Street restaurants and retail amenities. It is an off-campus medical space between San Gabriel Hospital and Garfield Medical Hospital, with potential for future growth and expansion. The property size is 1363 square feet.
Key Highlights
- Strategic location near San Gabriel Hospital and Garfield Medical Hospital, ideal for medical businesses.
- Up to 90% SBA financing available, including for Tenant Improvements.
- Abundant secured parking with 256 spaces on 3 levels.
Financial Insights For Office B
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 | $52.3k | $38.40 |
| − Vacancy | −$12.6k | −$9.25 |
| EGI | $39.7k | $29.15 |
| − OpEx | −$9.9k | −$7.29 |
| NOI | $29.8k | $21.86 |
1,363 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$425.6K
$372.4K – $496.6K
NOI $29,794 @ 7.0% cap · market cap 4.77%
Second Best
Healthcare Medical
$369.3K
$323.1K – $430.8K
NOI $25,848 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$729.7K
$638.5K – $851.4K
NOI $51,082 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,866
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91801, CA
53,669
Population
21,702
Households
2.5
Avg Household Size
41
Median Age
41%
College-Educated
85%
High-School Grad
4.3 sq mi
ZIP Area
12,481
Density / Sq Mi
$85,549
Median Household Income
$47,855
Median Earnings
$1,879
Median Rent
$797,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical/office condo near hospitals with convenient access and parking.
Where is this medical office space located?
The property is located at 330 South Garfield Avenue Suite 248 Alhambra, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Strategic location near San Gabriel Hospital and Garfield Medical Hospital, ideal for medical businesses.; Up to 90% SBA financing available, including for Tenant Improvements.; Abundant secured parking with 256 spaces on 3 levels.
