Medical Office Condominium
330 Garfield Avenue Unit 120 Alhambra, CA 91801
330 Garfield Avenue Unit 120, Alhambra, CA, 91801
$685,000
For Sale
$685,000
Condominium suite at The Garfield Center with access to two elevators and structured parking.
Property Size1,537 SF
Price / SF$445.67
Days on Market175
Property Features for 330 Garfield Avenue Unit 120
General Information
- Standard status
- Active
- Size
- 1,537 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1988
Listing agency
(310) 979-0800
Listed by
Sperry Van Ness
Source
Xome
Added: Jan 27 Updated: Jul 21 at 3:08AM Checked: Jul 21 at 3:08AM
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 Sperry Van Ness
Investment Insights
Based on property information with market context.
This is a medical/office condominium suite located in The Garfield Center. The building is served by two elevators and includes three levels of parking with 256 spaces. The unit is part of the condo structure and is subject to low owner association dues of $8.58 per square foot per year.
The Garfield Center is positioned in the West San Gabriel Valley market and is described as being strategically located near three major hospitals, supporting convenient access for medical-focused users.
New ownership may be eligible for up to 90% SBA financing, and the suite is offered for sale at the listed price. The property information package indicates the offering has been aggressively priced to sell in today’s market.
The Garfield Center is positioned in the West San Gabriel Valley market and is described as being strategically located near three major hospitals, supporting convenient access for medical-focused users.
New ownership may be eligible for up to 90% SBA financing, and the suite is offered for sale at the listed price. The property information package indicates the offering has been aggressively priced to sell in today’s market.
Key Highlights
- Medical/office condominium suite in The Garfield Center
- Access to 2 elevators within the Garfield Center
- 3 levels of structured parking with 256 spaces in the building
Local 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 | $59.0k | $38.40 |
| − Vacancy | −$14.2k | −$9.25 |
| EGI | $44.8k | $29.15 |
| − OpEx | −$11.2k | −$7.29 |
| NOI | $33.6k | $21.86 |
1,537 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$480.0K
$420.0K – $560.0K
NOI $33,598 @ 7.0% cap · market cap 4.90%
Second Best
Healthcare Medical
$416.4K
$364.4K – $485.8K
NOI $29,148 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$822.9K
$720.0K – $960.1K
NOI $57,603 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. Angelica Kuo, ...
Alternative Medicine Practice
Our Global Web
Marketing & Advertising
Salazar Olga
Dental Office
Srikanthan Preethi MD
Physician
Dr. Stephen Soong
Alternative Medicine Practice
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FAQs
What type of property is this?
Medical Office Space - Condominium suite at The Garfield Center with access to two elevators and structured parking.
Where is this medical office space located?
The property is located at 330 Garfield Avenue Unit 120 Alhambra, CA.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Medical/office condominium suite in The Garfield Center; Access to 2 elevators within the Garfield Center; 3 levels of structured parking with 256 spaces in the building
