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330 S Garfield Ave - Garfield Center

1,363 - 2,072 SF Units Offered at £490,256 - £764,800 Per Unit in Alhambra, CA 91801

Investment Highlights

  • Abundant secured parking - 256 surface and subterranean parking on 3 levels
  • 24/7 secured access with tenant key and day porter
  • Located in Downtown Alhambra, blocks away from Main Street restaurant and retail amenities
  • Practical medical office suites with drop ceilings and multiple individual office configuration
  • Up to 90% Financing Available including Tenant Improvements
  • Off-campus medical space - Between San Gabriel Hospital and Garfield Medical Hospital

Executive Summary

This is a medical / office condominium located in The Garfield Center. The building has 2 elevators and 3 levels of parking (256 spaces). Ideal for medical businesses due to its strategic location near three major hospitals. New owners can capitalize on up to 90% SBA financing available. Aggressively priced to sell in today’s market at competitive pricing. This is an attractive opportunity in the West San Gabriel Valley market.

Property Facts

Price £490,256 - £764,800
Unit Size 1,363 - 2,072 SF
No. Units 7
Total Building Size 60,457 SF
Property Type Office
Property Subtype
Medical
  • General Retail Storefront Retail/Office
Building Class B
Number of Floors 3
Typical Floor Size 11,292 SF
Year Built 1988
Lot Size 0.74 AC
Parking Ratio 4.23/1,000 SF

7 Units Available

Unit 100

Unit Size 1,606 SF
Price £654,982
Price Per SF £407.83
Unit Use Office/Retail
Sale Type Investment or Owner User
No. Parking Spaces 256
Description

First floor corner suite on corner of Garfield Ave. and Commonwealth Ave., adjacent to suite 102 in the Commonwealth building (total 3,270 SF).  Potential use includes retail, office, and medical.

Sale Notes

This is a medical / office condominium located in The Garfield Center. The building has 2 elevators and 3 levels of parking (256 spaces). Ideal for medical businesses due to its strategic location near three major hospitals. New owners can capitalize on up to 90% SBA financing available. Aggressively priced to sell in today’s market at competitive pricing. This is an attractive opportunity in the West San Gabriel Valley market.

Unit 102

Unit Size 1,664 SF
Price £651,060
Price Per SF £391.26
Unit Use Office/Retail
Sale Type Investment or Owner User
No. Parking Spaces 256
Description

First floor suite between Suite 100 and 122, may be combined with either 100 and/or 122 in the Commonwealth Building (total 4,926 SF).  Potential use includes retail, office, and medical.

Sale Notes

This is a medical / office condominium located in The Garfield Center. The building has 2 elevators and 3 levels of parking (256 spaces). Ideal for medical businesses due to its strategic location near three major hospitals. New owners can capitalize on up to 90% SBA financing available. Aggressively priced to sell in today’s market at competitive pricing. This is an attractive opportunity in the West San Gabriel Valley market.

Unit 122

Unit Size 1,656 SF
Price £623,606
Price Per SF £376.57
Unit Use Office/Retail
Sale Type Investment or Owner User
No. Parking Spaces 256
Description

First floor suite adjacent to suite 102, may be combined with Suite 102 in the Commonwealth Building (total 3,320 SF). Potential use includes retail, office, and medical.

Sale Notes

This is a medical / office condominium located in The Garfield Center. The building has 2 elevators and 3 levels of parking (256 spaces). Ideal for medical businesses due to its strategic location near three major hospitals. New owners can capitalize on up to 90% SBA financing available. Aggressively priced to sell in today’s market at competitive pricing. This is an attractive opportunity in the West San Gabriel Valley market.

Unit 210

Unit Size 1,385 SF
Price £490,256
Price Per SF £353.98
Unit Use Office/Medical
Sale Type Investment or Owner User
No. Parking Spaces 256
Description

Located on the second floor of the Commonwealth Building with a total of 1,385 SF, adjacent to suite 202. Directly across from the elevator and building bathrooms.

Sale Notes

This is a medical / office condominium located in The Garfield Center. The building has 2 elevators and 3 levels of parking (256 spaces). Ideal for medical businesses due to its strategic location near three major hospitals. New owners can capitalize on up to 90% SBA financing available. Aggressively priced to sell in today’s market at competitive pricing. This is an attractive opportunity in the West San Gabriel Valley market.

Unit 248

Unit Size 1,363 SF
Price £490,256
Price Per SF £359.69
Unit Use Office/Medical
Sale Type Investment or Owner User
No. Parking Spaces 256
Description

Located on the second floor of the Beacon Building with a total of 1,363 SF, adjacent to suite 268 and can be combined with up to 3,435 SF.

Sale Notes

This is a medical / office condominium located in The Garfield Center. The building has 2 elevators and 3 levels of parking (256 spaces). Ideal for medical businesses due to its strategic location near three major hospitals. New owners can capitalize on up to 90% SBA financing available. Aggressively priced to sell in today’s market at competitive pricing. This is an attractive opportunity in the West San Gabriel Valley market.

Unit 268

Unit Size 2,072 SF
Price £764,800
Price Per SF £369.11
Unit Use Office/Medical
Sale Type Investment or Owner User
No. Parking Spaces 256
Description

Located on the second floor of the Beacon Building with a total of 2,072 SF, adjacent to suite 248 and can be combined with up to 3,435 SF.

Sale Notes

This is a medical / office condominium located in The Garfield Center. The building has 2 elevators and 3 levels of parking (256 spaces). Ideal for medical businesses due to its strategic location near three major hospitals. New owners can capitalize on up to 90% SBA financing available. Aggressively priced to sell in today’s market at competitive pricing. This is an attractive opportunity in the West San Gabriel Valley market.

Unit 108

Unit Size 1,467 SF
Price £683,221
Price Per SF £465.73
Unit Use Office/Retail
Sale Type Investment
Net Initial Yield 7.00%
NOI £47,825.48
No. Parking Spaces 15
APN/Parcel ID 5345-007-096
Description

Located on the 1st floor on Garfield Avenue, the office/retail suite boasts street exposure with nearly 30,000 VPD count.  The unit is conveniently located near the elevator and common area bathroom and consists of 15 parking spaces.

Sale Notes

SVN is pleased to offer the opportunity for investors to acquire a stable, NNN, single-tenant investment leased to Avis Rent-A-Car. Priced at $871,000, equating to a 7% cap. rate on in-place income. AVIS Budget Group (NASDAQ: CAR) is a Publicly Traded Corporation with a market capitalization of $3.2 Billion and over 600,000 vehicles in their fleet. The 5-Year NNN with annual CPI increases commences January 1st, 2025. It is located within The Garfield Center, a multi- tenanted, medical office condominium building in Alhambra, CA.

Walk Score ®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

  • 24 Hour Access
  • Bio-Tech/ Lab Space
  • Bus Route
  • Controlled Access
  • Signage
  • Storage Space
  • Central Heating
  • Suspended Ceilings
  • Monument Signage
  • Air Conditioning

zoning

Zoning Code CPD (Commercial)
CPD (Commercial)
  • Listing ID: 32082884

  • Date on Market: 10/06/2024

  • Last Updated:

  • Address: 330 S Garfield Ave, Alhambra, CA 91801

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