Alhambra Commercial Investment
For Sale
$1,850,000
2428 W Valley Boulevard, Alhambra, CA 91803
Fully occupied commercial property in Alhambra with strong income potential.
Property Size6,050 SF
Days on Market533
Property Features for 2428 W Valley Boulevard
General Information
Standard status
Active
Size
6,050 SF
Property subtype
Retail
Site & Location
Neighborhood
Shorb
Building Details
Building Size
6,050 SF
Year Built
1952
Listing Agency:
RE/MAX Galaxy
Listed By:
Chuqi Liu · License #02074354
(626) 607-3479
Source:
Archetyperealty
Added: May 13, 2025
Changed: Oct 25
Last Checked: Oct 26 at 11:03PM
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 RE/MAX Galaxy
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This fully occupied commercial property presents an investment opportunity in Alhambra. Situated in a commercial corridor near Monterey Park, the property benefits from proximity to freeways I-10 and I-710, public transportation, and various retail, dining, and service businesses. All units are 100% leased, with tenants paying rates close to current market rent. The property features a new roof and a new AC system. The location offers street exposure and ample parking, attracting long-term tenants.
Key Highlights
- Fully occupied commercial property providing stable income.
- Prime location in a thriving commercial corridor near Monterey Park.
- Close proximity to major freeways (I‑10 & I‑710) and public transportation.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,854
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,677,080
$2.7M
Cap Rate 7%
$1,912,200
$1.9M
Cap Rate 9%
$1,487,267
$1.5M
Market Conditions
NOI Build-Up for 6,050 SF
Gross rent
$204.7K $33.84/SF
− Vacancy
−$13.5K −$2.23/SF
EGI
$191.2K $31.61/SF
− OpEx
−$57.4K −$9.48/SF
NOI
$133.9K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,677,080
Cap Rate 7%
$1,912,200
Cap Rate 9%
$1,487,267
Alternative Uses
Best Use
Retail
$1.91M
$1.67M – $2.23M
NOI $133,854 @ 7.0% cap · market cap 7.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.24M
$2.83M – $3.78M
NOI $226,740 @ 7.0% cap · market cap 12.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,186
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91803, CA
29,374
Population
10,439
Households
2.8
Avg Household Size
42
Median Age
37%
College-Educated
80%
High-School Grad
3.3 sq mi
ZIP Area
8,901
Density / Sq Mi
$84,537
Median Household Income
$47,579
Median Earnings
$1,790
Median Rent
$831,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Calrose Florist & Gifts — 1938 W Valley Blvd, Alhambra, CA 91803
- Flower Delivery Alhambra
- Albertsons Floral — 2400 W Commonwealth Ave, Alhambra, CA 91803
Frequently Asked Questions
What type of property is this?
Storefront property - Fully occupied commercial property in Alhambra with strong income potential.
Where is this storefront property located?
The property is located at 2428 W Valley Boulevard Alhambra, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Fully occupied commercial property providing stable income.; Prime location in a thriving commercial corridor near Monterey Park.; Close proximity to major freeways (I‑10 & I‑710) and public transportation.
