Mixed-Use Property with
For Sale
$4,800,000
1673 W Valley, Alhambra, CA 91803
MU-zoned property combines retail storefronts, dedicated parking, and a residential structure.
Property Size8,820 SF
Days on Market103
Property Features for 1673 W Valley
General Information
Standard status
Active
Size
8,820 SF
Property subtype
Retail
Zoning
Mixed-Use (MU)
Building Details
Building Size
8,820 SF
Year Built
1926
Listing Agency:
CBD Investment Inc.
(626) 446-8999
Listed By:
Van Tuyet To · License #01749625
Source:
Velocityrealtysd
Added: Apr 29
Changed: Aug 4
Last Checked: Aug 8 at 9:12AM
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 mixed-use property includes retail storefronts with dedicated on-site parking and a separate residential structure. The property is designated Mixed-Use (MU), with retail, residential, and live/work development identified as potential use categories; buyers should verify zoning and usage requirements with the city.
The site has frontage along Valley Blvd and additional access through an alley or side street. It is surrounded by dense residential neighborhoods and established retail corridors, with proximity to major freeways, public transit, and San Gabriel Valley amenities. The existing improvements date to 1926.
The site has frontage along Valley Blvd and additional access through an alley or side street. It is surrounded by dense residential neighborhoods and established retail corridors, with proximity to major freeways, public transit, and San Gabriel Valley amenities. The existing improvements date to 1926.
Key Highlights
- Mixed‑Use (MU) zoning
- Retail storefronts plus a residential structure
- Dedicated on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$195,139
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,902,780
$3.9M
Cap Rate 7%
$2,787,700
$2.8M
Cap Rate 9%
$2,168,211
$2.2M
Market Conditions
NOI Build-Up for 8,820 SF
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.
Gross rent
$298.5K $33.84/SF
− Vacancy
−$19.7K −$2.23/SF
EGI
$278.8K $31.61/SF
− OpEx
−$83.6K −$9.48/SF
NOI
$195.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,902,780
Cap Rate 7%
$2,787,700
Cap Rate 9%
$2,168,211
Alternative Uses
Best Use
Retail
$2.79M
$2.44M – $3.25M
NOI $195,139 @ 7.0% cap · market cap 4.07%
Second Best
Office B
$2.75M
$2.41M – $3.21M
NOI $192,798 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$4.72M
$4.13M – $5.51M
NOI $330,554 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,304
Businesses Nearby
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - MU-zoned property combines retail storefronts, dedicated parking, and a residential structure.
Where is this mixed-use property located?
The property is located at 1673 W Valley Alhambra, CA.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Mixed‑Use (MU) zoning; Retail storefronts plus a residential structure; Dedicated on‑site parking
