429 Palm Avenue, Alhambra, CA 91803
Turnkey office, warehouse, and centrally equipped commercial kitchen with loading docks for daily production and distribution.
- Added:
- Jun 14, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 20 at 4:54 am
Property Features for 429 Palm Avenue
General Information
- Standard status
- Active
- Size
- 15,029 SF
- Lot size
- 0.69 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1968
Listing agent Shumei Kam License #00798181
Listing office High Ten Partners, Inc. (626) 289-6660
Listing date Jun 14, 2026
Source Xome
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 High Ten Partners, Inc.
HighLights
- Two‑story building with a professionally equipped commercial kitchen, multiple production rooms, and extensive stainless‑steel prep areas
- Includes walk‑in refrigeration/freezer capacity, ventilation hoods, and a large commercial kitchen designed for food production and prep
- Warehouse component with two loading docks for efficient inbound and outbound logistics
- Property sits on a +/- 30,000 SF lot with a +/- 15,029 SF building
- On‑site private offices, conference rooms, and administrative spaces for office and production operations under one roof
- Guest facilities listed as 3 (no pool), with year built 1968
Overview
A warehouse component supports logistics with two loading docks, providing a practical setup for inbound and outbound deliveries. The property sits on a +/-30,000 SF lot and benefits from wide Palm Avenue access, which supports box trucks and delivery vehicles with turning, staging, and maneuvering for efficient arrivals and departures.
This configuration fits operators seeking an owner-user industrial and food-service platform, including food production, catering operations, commissary-style kitchens, ghost kitchen concepts, or hybrid office-industrial use. For distribution-focused teams, the on-site loading dock capability and centralized kitchen infrastructure can reduce the need to source or build out core processing functions separately.
Local Financial Insights For Specialty 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 | $508.6k | $33.84 |
| − Vacancy | −$33.6k | −$2.23 |
| EGI | $475.0k | $31.61 |
| − OpEx | −$118.8k | −$7.90 |
| NOI | $356.3k | $23.70 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Kogi Truck — 1400 W Main St, Alhambra, CA 91801
Location Insight
- Map
- Local Demand
- City
- Alhambra
- County
- Los Angeles
- State
- California
- Longitude
- -118.1470209
- Latitude
- 34.0852656
