Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    430 S Garfield Ave, Unit 428 Alhambra, CA 91801

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,024 /Mo

    880 SF office space with private balcony for lease.

    Lot size:
    0.51 Acres

    Property Features for 430 S Garfield Ave

    General Information

    Lot size
    0.51 Acres

    Building Details

    Year built
    1984

    We can help!

    Listing Contact
    Joe Tseng
    Source: Elliman

    Listing Agent: Joe Tseng

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Alhambra Office Space with Balcony

    This 880 SF office space, identified as Unit 428, is available for lease. The layout includes two private offices and a large general area suitable for a reception or staff area, with the flexibility to add another office. The main office provides access to a private balcony. The building offers overnight trash pickup daily. The property is a professional specialist building hosting doctors, attorneys, and financial specialists. It features a high corporate image, a splendid lobby with two elevators, and ample parking with 90 parking spots. A second-floor rooftop courtyard is available for relaxation, and the building offers an outdoor monument. There is also a large outdoor patio for breaks or coffee. The property is situated near the intersection of Main St & Garfield, in the city's business center, and is minutes from Main Street restaurants, Alhambra Place Mall, Alhambra Renaissance, and the Edward Theater. Daily office and room trash and cleaning services are provided.
    Location Intelligence

    Current Use by Public Records

    Alhambra Electric Gate ... Iron Steel Contractor Wong Orthodontics - Derek ... Orthodontist Johns Wellers Repairs Hot Water System Supplier City Security Co ... Security Guard Service BYZ Law Group Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alhambra
    County
    Los Angeles
    State
    California
    Longitude
    -118.1230634
    Latitude
    34.0903376

    Nearby Similar for Lease

    • $2,250 /Mo
      5,128 SF

      Medical/Dental Office Space Available

      Medical/dental office space in Alhambra City Center, easy to show.
      1118 S Garfield Ave, Alhambra, CA 91801
      View Details
    • $3,400 /Mo
      1,692 SF

      Alhambra Office Space Available

      Well-maintained office building with functional layout, suitable for various professional uses.
      205 S Chapel Ave, Alhambra, CA 91801
      View Details
    • New
      $2 SF/Yr

      Mixed-Use Building in Alhambra

      High-visibility mixed-use building in Alhambra's vibrant downtown.
      305 West Main St, Alhambra, CA 91801
      View Details
    • Contact for pricing
      990 SF

      Alhambra Office Space Available

      990 square foot office space for lease in Alhambra.
      1432 S Garfield Ave, Alhambra, CA 91801
      View Details
    • Contact for pricing
      2,500 SF

      Prime Retail/Office Space Available

      Highly visible retail or office space in a bustling area.
      527 W Main St, Alhambra, CA 91801
      View Details
    • $800 /Mo
      401 SF

      Alhambra Office Space Available

      Well-maintained office building with functional layout, suitable for various users.
      205 S Chapel Ave, Alhambra, CA 91801
      View Details
    • Contact for pricing
      3,500 SF

      Prime Retail/Office Space Available

      Highly visible retail or office space in a bustling area.
      529 W Main St, Alhambra, CA 91801
      View Details
    • Contact for pricing
      74,024 SF

      Prime Alhambra Office/Retail Space

      New mixed-use space in downtown Alhambra, built-out and ready.
      101 S Chapel Ave, Alhambra, CA 91801
      View Details
    • $14,000 /Mo
      3,200 SF

      Retail Space in Alhambra, CA

      Retail space available for lease in Alhambra, California.
      240 W Main St, Alhambra, CA 91801
      View Details
    • $3,500 /Mo
      9,737 SF

      Alhambra Warehouse with Office Space

      Warehouse with office space in convenient Alhambra location.
      331 S Palm Ave, Alhambra, CA 91803
      View Details
    • Contact for pricing

      Prime Retail/Office Space Available

      Highly visible retail or office space in a bustling area.
      529 W Main St, Alhambra, CA 91801
      View Details
    • $24 SF/Yr
      4,000 SF

      Alhambra Retail Space - Valley Blvd

      Prime Alhambra retail space, high visibility location.
      1533 Valley Blvd, Alhambra, CA 91803
      View Details

    FAQs

    What type of property is this?
    Office space - 880 SF office space with private balcony for lease.
    Where is this office space located?
    The property is located at 430 S Garfield Ave, Unit 428 Alhambra, CA.
    What are key features of this property?
    This property features: - Flexible 880 SF office space with 2 private offices and a large general area, potential to add more offices.; - Prime location near Main St & Garfield, close to city business center, restaurants, shopping, and entertainment.; - **High corporate image building with a splendid lobby, dual elevators, and ample parking (90 spots).**
    (626) 656-2889
    Request Owner's contact information
    430 S Garfield Ave, Unit 428 Alhambra, CA 91801
    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.
    430 S Garfield Ave, Unit 428
    Alhambra, CA 91801
    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
    430 S Garfield Ave, Unit 428 Alhambra, CA 91801
    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

    We can help!
    Listing Contact
    Joe Tseng
    Real Estate License ID: 00880213
    (626) 656-2889
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.