Property Details
| Sale Price: | $725,000 |
| Year Built: | 1988 |
| Property Type: | Office |
| Building Class: | B |
| Building Size: | 1,537 SF |
Property Description
This is a medical / office condominium located in The Garfield Center can be combined with the adjacent condominium (Suite 228) to create 2,774 SF. Suite 208 has a large corner balcony. 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.
Location Description
Situated in the bustling city of Alhambra, this prime location offers businesses in the office / medical sector a chance to own their own location. The area is renowned for its diverse dining options, from authentic Asian cuisine to trendy cafes, catering to a range of culinary preferences. Nearby, the Alhambra Place Shopping Center provides a dynamic retail environment, while the historic Garfield Theatre offers a unique entertainment experience. Located within close proximity to major freeways and public transportation, and hospitals, the area provides convenient access for employees and clients alike. This vibrant neighborhood is an ideal setting for an office/medical office condo investment opportunity. Invest in yourself!
Highlights
- Abundant secured parking - 256 surface and subterranean parking on 3 levels
- Practical medical office suites with drop ceilings and multiple individual office configuration
- 24/7 secured access with tenant key and day porter
- Up to 90% Financing Available including Tenant Improvements
- Located in Downtown Alhambra, blocks away from Main Street restaurant and retail amenities
- Off-campus medical space - Between San Gabriel Hospital and Garfield Medical Hospital
- Potential for future growth and expansion
- Strategic investment opportunity
Map
| 0.3 Miles | 0.5 Miles | 1 Miles | |
|---|---|---|---|
| Total households | 1,747 | 4,929 | 15,111 |
| Total population | 4,475 | 12,502 | 39,896 |
| Population white | 11.8% | 12.0% | 13.2% |
| Population black | 2.4% | 2.5% | 2.2% |
| Population hispanic | 34.7% | 33.8% | 35.7% |
| Population asian | 55.0% | 55.5% | 53.1% |
| Population pacific islander | 0.0% | 0.0% | 0.1% |
| Population american indian | 1.5% | 1.1% | 1.2% |
| Population other | 20.0% | 18.6% | 18.7% |
| Persons per household | 2.6 | 2.5 | 2.6 |
| Average household income | $94,246 | $92,353 | $102,474 |
| Average house value | $832,880 | $866,869 | $922,040 |
| Average age | 41 | 42 | 43 |
| Average age male | 40 | 41 | 41 |
| Average age female | 42 | 44 | 44 |