Medical and Retail Mixed-Use
1635-1645 W Valley Blvd Alhambra, CA 91803
For Sale
Contact for pricing
Dual-tenant medical building with one half leased and the other half available for flexible use.
Property Size15,600 SF
Lot Size0.62 Acres
Price / SF$326.92
Days on Market846
Property Features for 1635-1645 W Valley Blvd
General Information
Standard status
Active
Size
15,600 SF
Lot size
0.62 Acres
Property subtype
RETAIL
Listing Agency:
CBD Investment Inc.
(626) 688-2208
Listed By:
Henry Liu · License #013782889
(626) 688-2208
Source:
Moodyscre
Added: Apr 5, 2024
Changed: Jul 28
Last Checked: Jul 28 at 8:32AM
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 CBD Investment Inc.
Investment Insights
Based on property information with market context.
This property is a versatile mixed-use building totaling 15,600 square feet on a 27,173 square foot lot, presented as both an investment and owner-user opportunity. Half of the building is currently leased to Kaiser Permanente ABC Therapy Center, providing existing income. The remaining half is available as a blank canvas for an owner-user to adapt for medical use, retail, or other business ventures.
The listing is offered for sale. The property’s configuration supports a dual arrangement with one leased portion and one unoccupied portion, which can be beneficial for operators seeking in-place income alongside additional space for customization.
The listing is offered for sale. The property’s configuration supports a dual arrangement with one leased portion and one unoccupied portion, which can be beneficial for operators seeking in-place income alongside additional space for customization.
Key Highlights
- Dual‑tenant medical building with 15,600 SF building space on a 27,173 SF lot
- Half of the building is leased to Kaiser Permanente ABC Therapy Center
- Current lease provides stable income
Financial Insights For Retail
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 | $527.9k | $33.84 |
| − Vacancy | −$34.8k | −$2.23 |
| EGI | $493.1k | $31.61 |
| − OpEx | −$147.9k | −$9.48 |
| NOI | $345.1k | $22.12 |
15,600 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.93M
$4.31M – $5.75M
NOI $345,144 @ 7.0% cap · market cap 6.77%
Second Best
Healthcare Medical
$4.23M
$3.70M – $4.93M
NOI $295,837 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$8.35M
$7.31M – $9.74M
NOI $584,653 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical center - Dual-tenant medical building with one half leased and the other half available for flexible use.
Where is this medical center located?
The property is located at 1635-1645 W Valley Blvd Alhambra, CA.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: Dual‑tenant medical building with 15,600 SF building space on a 27,173 SF lot; Half of the building is leased to Kaiser Permanente ABC Therapy Center; Current lease provides stable income
