Alhambra Professional Building 430 S Garfield Ave 24,120 SF 85% Leased Office Building Alhambra, CA 91801 $15,753,887 CAD ($653.15 CAD/SF)

Rare fee simple opportunity to acquire the Alhambra Professional Building — a 24,120 SF, four-story Class B professional office building on a 0.51-acre parcel in one of the San Gabriel Valley’s most established commercial corridors. Offered at $11,588,000, the sale conveys complete ownership of land and improvements with no ground lease, condo encumbrances, or shared ownership structures.
PROPERTY OVERVIEW
• 24,120 SF across 4 stories
• 0.51-acre lot (22,216 SF)
• Built in 1984, well maintained
• 90 dedicated spaces in secured gated parking structure
• Two modern passenger elevators
• Individual HVAC controls per suite
• Private balconies on multiple suites
• 2nd-floor rooftop courtyard
• High-image lobby with strong corporate presentation
PRIME LOCATION
Situated on the high-visibility Garfield Avenue corridor, minutes from the Main Street commercial district. Walkable access to Alhambra Place, Alhambra Renaissance Plaza, the Edwards Theater complex, and Main Street’s restaurant strip. Quick connectivity to the 10, 710, and 60 freeways places Downtown Los Angeles, Pasadena, and the broader San Gabriel Valley within a 15-minute drive. Alhambra’s strong daytime population, established medical and professional services base, and growing demand from the surrounding community make this one of the most resilient submarkets in greater Los Angeles.
CURRENT USE
The building is currently configured as multi-tenant professional offices serving a stable mix of physicians, attorneys, financial advisors, and specialty service providers.
CONVERSION & REPOSITIONING OPPORTUNITIES
The flexible floor plate, strong parking ratio, fee simple ownership, and prime location open the door to multiple value-creation strategies:
• Medical office conversion — capture surging demand for outpatient healthcare and specialty medical space in the San Gabriel Valley
• Boutique medical condo conversion — sell individual suites to physician-owners and specialty practices
• Creative office or coworking repositioning — meet growing demand for flexible, amenity-rich workspace
• Owner-user occupancy — occupy a portion while leasing the balance to offset costs
• Mixed-use or adaptive reuse — explore residential or hospitality conversion subject to City of Alhambra approvals
• Value-add repositioning — modernize common areas, upgrade tenant mix, and reset rents to current market
IDEAL BUYER PROFILES
• Investors seeking a stable San Gabriel Valley asset with multiple paths to value creation
• Developers pursuing conversion or adaptive reuse plays
• Owner-users seeking signature professional headquarters with income offset
• 1031 exchange buyers needing a quality replacement asset
WHY NOW
Full-building, fee simple offerings of this scale on Garfield Avenue rarely come to market. Combining size, location, parking, and conversion flexibility, 430 S Garfield Avenue presents a compelling acquisition opportunity in a supply-constrained submarket.
Offered fee simple at $11,588,000. Financials and rent roll available upon execution of NDA.
All information has been obtained from sources believed reliable but is not guaranteed. Buyer is responsible for independent verification of square footage, zoning, and conversion potential with the City of Alhambra. Subject to prior sale, change in price, or withdrawal without notice.