Multi-Tenant Retail
919 W Valley Blvd Alhambra, CA 91801
919 W Valley Blvd, Alhambra, CA, 91801
$1,120,000
For Sale
$1,120,000
Multi-tenant retail building with five units and partial occupancy, plus recent roof replacement and HVAC servicing.
Property Size2,641 SF
Price / SF$424.08
Days on Market35
Property Features for 919 W Valley Blvd
General Information
- Standard status
- Active
- Size
- 2,641 SF
Listing agency
McIntire Real Estate Inc.
(818) 618-7990
Listed by
Joshua McIntire
(818) 618-7990
Source
Exprealty
Added: Jun 17 Updated: Jul 20 at 5:06PM Checked: Jul 20 at 5:06PM
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 McIntire Real Estate Inc.
Investment Insights
Based on property information with market context.
919 W. Valley Boulevard is a multi-tenant retail building situated on two parcels, offering approximately 2,641 square feet across five rentable units. The property is about 80% occupied, with paying tenants on month-to-month or expired terms, creating a current income stream and flexibility for an owner seeking to occupy or adjust tenancy.
Located on one of Alhambra’s established commercial corridors, the building is one block west of Atlantic Boulevard. The daily traffic exposure is stated as exceeding 100,000 vehicles within a quarter mile, supported by a CoStar Best Location score.
Recent capital improvements include roof replacement and HVAC servicing. The combination of a relatively compact multi-unit layout and improving building systems may appeal to both owner-users and investors evaluating near-term leasing and repositioning considerations.
Located on one of Alhambra’s established commercial corridors, the building is one block west of Atlantic Boulevard. The daily traffic exposure is stated as exceeding 100,000 vehicles within a quarter mile, supported by a CoStar Best Location score.
Recent capital improvements include roof replacement and HVAC servicing. The combination of a relatively compact multi-unit layout and improving building systems may appeal to both owner-users and investors evaluating near-term leasing and repositioning considerations.
Key Highlights
- Multi‑tenant retail building totaling approximately 2,641 SF across five rentable units on two parcels
- Approximately 80% occupied with paying tenants on month‑to‑month or expired terms
- Opportunity for owner‑user or value‑add investor to occupy a unit and mark rents to market
Local 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 | $89.4k | $33.84 |
| − Vacancy | −$5.9k | −$2.23 |
| EGI | $83.5k | $31.61 |
| − OpEx | −$25.0k | −$9.48 |
| NOI | $58.4k | $22.12 |
2,641 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$834.7K
$730.4K – $973.9K
NOI $58,431 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $98,979 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Multi-tenant retail building with five units and partial occupancy, plus recent roof replacement and HVAC servicing.
Where is this retail space located?
The property is located at 919 W Valley Blvd Alhambra, CA.
What is the asking price?
The asking price for this property is $1,120,000.
What are key features of this property?
This property features: Multi‑tenant retail building totaling approximately 2,641 SF across five rentable units on two parcels; Approximately 80% occupied with paying tenants on month‑to‑month or expired terms; Opportunity for owner‑user or value‑add investor to occupy a unit and mark rents to market
