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  1. Commercial Properties
  2. CA
  3. Alhambra

103 N Garfield Ave

For Sale

103 N Garfield Ave, Alhambra, CA 91801

Fully occupied medical and professional office building located in downtown Alhambra’s Central Business District along the dining and retail corridor, directly across from a major movie theater.103 N Garfield Ave presents a rare opportunity to acquire a fully occupied medical and professional office building in the heart of Alhambra’s Central Business District. The ±11,224-square-foot property benefits from excellent visibility, strong traffic counts, and a prime location within one of the San Gabriel Valley’s most active commercial corridors. Surrounded by a vibrant mix of highly regarded restaurants and situated directly across from a major movie theater, the property enjoys consistent daytime and evening activity that supports strong tenant demand. Currently 100% occupied, the asset provides stable in-place income with significant upside through the repositioning of below-market rents and improved expense recoveries under its modified gross lease structure. With an in-place NOI of approximately $180,000 and projected NOI exceeding $275,000, the property offers a compelling value-add opportunity for investors seeking dependable cash flow and meaningful income growth in a highly desirable market.

Key features

  • ±11,224 SF multi-tenant medical/office building
  • 100% occupied with stable in-place income
  • Below-market rents across multiple tenants
  • Lease rollover provides mark-to-market rental growth
  • Modified gross leases allow for improved expense recovery over time
  • Pro forma NOI of approximately $275K+
  • Recent capital improvements completed, including parking lot upgrades
  • Significant value-add opportunity with 50%+ NOI upside
  • Strong tenant demand for medical and professional office space in the submarket

Building Details

  • For Sale $4,488,888
  • Property Type Office - Medical Office
  • Property Size 11,224 SF
  • Lot Size 0.35 Acre
  • Additional Rent Price on request
  • Building Class B
  • Year Built 1990
  • Date Updated Sep 18, 2026
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Contacts

broker
Mauricio Olaiz

Lee & Associates - Pasadena

Location

  • City Alhambra, CA
  • Neighborhood Alhambra
  • Zip Code 91801
  • Market Los Angeles
  • Map
  • Street
  • Walk score 95/100 Walker's Paradise
  • Bike score 50/100 Bikeable
Powered by Walk Score ®

Points of Interest

Indiana

5.64 miles

Soto Station

5.95 miles

Montebello/Commerce

6.15 miles

Mariachi Plaza Metro Station Entrance

6.22 miles

Chinatown Station

6.58 miles

Chinatown

6.59 miles

Los Angeles Union Station

6.71 miles

Union Station

6.73 miles

Civic Center/Grand Park

7.29 miles

Civic Center/Grand Park Station

7.31 miles

United Oil

0.39 miles

76

0.74 miles

Shell

1.24 miles

Costco Gasoline

1.33 miles

Mobil

1.42 miles

Arco

1.84 miles

Tesla Supercharger

6.22 miles

eVgo

8.96 miles

Mission District Park-and-Ride

1.04 miles

San Gabriel Mission High School Parking

1.17 miles

Hospital Employee Parking

1.25 miles

Park-n-Ride

2.05 miles

West Lot

2.49 miles

Garland Parking Lot

2.53 miles

Tournament Park parking lot

2.55 miles

Student Pick-up and Drop-off

2.61 miles

Lot 6

2.63 miles

Visitor Parking

2.65 miles

Huntington Service Center

1.07 miles

Enterprise

1.29 miles

Dollar

1.45 miles

Arroyo-Calif. Carwash

2.96 miles

Temple City Car Wash

3.15 miles

Bestway Car Rental

3.45 miles

Country Village

3.48 miles

Hertz

3.65 miles

Fast5Xpress Car Wash Pasadena

3.78 miles

Avis

4.15 miles

Thai Purple

0.01 miles

Road to Seoul BBQ

0.05 miles

Panda Express

0.05 miles

Grill 'Em All

0.05 miles

Applebee's

0.06 miles

Pepper Lunch

0.07 miles

Baja Cali Fish & Tacos

0.08 miles

Cuban Bistro

0.08 miles

All That Shabu

0.08 miles

Gen Korean BBQ

0.09 miles

Burlington

0.13 miles

Sprouts Farmers Market

0.14 miles

Smart & Final Extra!

0.52 miles

Ralphs

0.77 miles

ALDI

1.06 miles

Target

1.17 miles

Mitsuwa Marketplace

1.28 miles

Asia Supermarket

1.30 miles

Strip Mall

1.34 miles

Big Lots

1.38 miles

Station 71

0.17 miles

Alhambra Health Center

0.36 miles

Buddhist Tzu Chi Medicial Center

0.83 miles

Vega Medical Dental Building

0.83 miles

Alhambra Hospital Medical Center

1.01 miles

Fire Station Number 3

1.16 miles

Fire Station Number 2

1.18 miles

Health Care 21

1.28 miles

San Gabriel Valley Medical Center

1.32 miles

Walgreens

1.35 miles

Listing Summary

  • Property Financials

    103 N Garfield Ave is currently listed for sale at $4,488,888 for a price per square foot of $399.94.

  • Property Details

    103 N Garfield Ave totals 11,224 square feet of Office space on a lot spanning 0.35 acres.

    The property was initially built in 1990. Based on its location, amenities, and finishes, the property is listed as class B.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 95, indicating that it is perfect for walking.

Contact Mauricio Olaiz
broker
Mauricio Olaiz

Lee & Associates - Pasadena

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