Boutique Office with
2880 W Valley Blvd Alhambra, CA 91803
For Sale
$1,350,000
Two detached office buildings offer private offices, conference space, and secure on-site parking with courtyard seating.
Property Size3,154 SF
Lot Size0.10 Acres
Price / SF$428.03
Days on Market29
Property Features for 2880 W Valley Blvd
General Information
Standard status
Active
Size
3,154 SF
Lot size
0.10 Acres
Listing Agency:
Keller Williams Studio City
(310) 775-7529
Listed By:
Megan Husri · License #02089901
(310) 775-7529
Source:
Exprealty
Added: Jul 1
Changed: Jul 27
Last Checked: Jul 27 at 5:04AM
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 Keller Williams Studio City
Investment Insights
Based on property information with market context.
2880 and 2880 1/2 W Valley Boulevard is a boutique office property comprised of two detached office structures on a single lot. The spaces include private offices, reception areas, conference rooms, multiple restrooms, a kitchen area, storage, and a central courtyard with a covered pergola. The front building provides a functional office and conference layout, while the rear two-story structure includes additional office and meeting areas, along with a private second-floor workspace.
The property sits along West Valley Boulevard with access from both the main boulevard and a rear alley, supporting visibility and privacy. It also includes secure on-site parking, with convenient access to nearby areas including Alhambra, San Gabriel, South Pasadena, and Downtown Alhambra, as well as the 710 and 10 freeways.
Designed for flexibility, the multi-building configuration can support an owner-user or a professional-services and creative office operation seeking a smaller commercial asset.
The property sits along West Valley Boulevard with access from both the main boulevard and a rear alley, supporting visibility and privacy. It also includes secure on-site parking, with convenient access to nearby areas including Alhambra, San Gabriel, South Pasadena, and Downtown Alhambra, as well as the 710 and 10 freeways.
Designed for flexibility, the multi-building configuration can support an owner-user or a professional-services and creative office operation seeking a smaller commercial asset.
Key Highlights
- Two detached office buildings on an approximately 4,495 SF lot with a reported 3,154 SF building area (buyer to verify)
- Flexible multi‑building layout with private offices, reception, conference/meeting areas, multiple restrooms, and kitchen area
- Rear two‑story office structure includes additional office and meeting areas plus a private second‑floor workspace
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 | $121.1k | $38.40 |
| − Vacancy | −$29.2k | −$9.25 |
| EGI | $91.9k | $29.15 |
| − OpEx | −$23.0k | −$7.29 |
| NOI | $68.9k | $21.86 |
3,154 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$984.9K
$861.8K – $1.15M
NOI $68,944 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,205 @ 7.0% cap · market cap 8.76%
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?
Office building - Two detached office buildings offer private offices, conference space, and secure on-site parking with courtyard seating.
Where is this office building located?
The property is located at 2880 W Valley Blvd Alhambra, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Two detached office buildings on an approximately 4,495 SF lot with a reported 3,154 SF building area (buyer to verify); Flexible multi‑building layout with private offices, reception, conference/meeting areas, multiple restrooms, and kitchen area; Rear two‑story office structure includes additional office and meeting areas plus a private second‑floor workspace
