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29500888
22739697

19 S Garfield Ave, Alhambra, CA 91801

GC
CA 00755317
Camacho Commercial Real Estate Services
SW
CA 02005291
Camacho Commercial Real Estate Services
Listed by Camacho Commercial Real Estate Services
$3,600,000
427 days on market
Updated 70 days ago

19 S Garfield Ave

Details
APN 5344-033-005
Property Type Retail, Office (+1)
Sub Type Executive Office, Commercial
Square Footage 7,000
Units 6
Cap Rate 4.63%
NOI $166,674
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 6.73%
Pro-Forma NOI $242,179
Year Built 1989
Stories 2
Lot Size (SqFt) 5,227
Zoning ALCBD/DRD
Parking Spaces 5 spaces
Parking Per SqFt 0.71
Investment Type Owner/User

Prime Investor/Owner-User Property in coveted Downtown Alhambra

Marketing description

A 7,000 square foot multi-tenant office and retail building located in the heart of downtown Alhambra.

Camacho Commercial Real Estate Services Inc., has been selected to exclusively market for sale 19 S. Garfield, a 7,000 square foot two-story mixed-use building situated on 5,227 square feet of land and positioned on a prime downtown Alhambra location. The property sits just off the signalized intersection of Main Street and South Garfield Avenue, directly across from Alhambra Place Mall, a major retail hub featuring national tenants such as Sprouts, Burlington, and Sephora. The asset benefits from its strategic positioning in a high foot-traffic area with a Walk Score® of 97, making it a walker’s paradise surrounded by retail, dining, and entertainment.

19 S. Garfield is currently 84.5% occupied, catering to a mix of established local restaurant businesses and professional office tenants. The building features individual metering for each unit, elevator access, and proximity to public parking, which has enhanced its appeal to tenants. The roof was completely replaced and completed in January 2025 with a 20 year warranty. Four out of the six HVAC units have been replaced within the last 5 years and each unit should be 4 tons or higher.

The property presents an excellent value-add opportunity due to below-market rental rates and flexible lease terms, making it an ideal investment for an owner-user or investor seeking long-term appreciation in one of Los Angeles County’s strongest suburban commercial corridors.

Investment highlights

  • Walker's Paradise (97): Walking distance to Regal Cinemas, Sephora, Sprouts, Blaze Pizza, Ross Dress for Less, and many more!
  • Each unit is separately metered
  • Elevator serviced
  • On-site restaurant: Borneo Eatery
  • One-site café: Uncle Fung Coffee Stall
  • Secured Building
  • Ample parking: Near major public parking structures
  • Close proximity to 710 & 10 FWYs
  • Private restrooms in each suite
  • Ideal investment for an owner-user or investor:
  • NNN leases for the ground floor tenants and Modified Gross leases for 2nd floor tenants.
  •   Can deliver 3,000 SF to an owner-user
  • Seasoned local restaurant operators with a full kitchen.
  • Short term or month to month leases in place.
  • Ground floor units average 1,150 SF.
  • 2nd floor units average 1,000 SF.
  • Exceptional property fundamentals in a strategic location:
  • Located within a Transit Priority Area
  • Roof completely replaced and completed in January 2025 with a 20-year warranty.
  • 4 out of 6 HVAC units have been replaced within the last 5 years.
  • Proven track record of successful tenant operations at this location.
  • Excellent visibility and frontage along S. Garfield Ave with more than +-52’ of linear frontage.
  • Located in the heart of downtown Alhambra:
  • Walk score 97, a walker’s paradise.
  •   Just southwest of the signalized corner of Main St and S Garfield Ave.
  • 4 miles to Alhambra High School.
  • National Retailers in the immediate area include Sprouts Farmers Market, Sephora, Burlington, Blaze Pizza, Regal Edwards Cinema, Starbucks, Ross Dress for Less, and many local restaurants along Main St.
  • Dense immediate submarket with robust demographic demand:
  • Over 42,000 people within 1 mile of the subject property, nearly 250,000 people within 3 miles and over 627,000 people within five miles.
  • Over 16,000 households within 1 mile of the subject property and over 85,600 within 3 miles.
  • The immediate submarket features an average household income of $109,542 within a 3 miles.
  • Surrounded by affluent neighborhoods with a median housing value of approximately $890,000.

Listing Contacts

GC
CA 00755317
Camacho Commercial Real Estate Services
SW
CA 02005291
Camacho Commercial Real Estate Services
Listed by Camacho Commercial Real Estate Services

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$166,674.00
$13,889.50/mo

Valuation Metrics

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DSCR
4.63%
Cap Rate
4.63%
ROI

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