# 30 N FIRST STREET, Alhambra, CA 91801

> **TL;DR:** commercial, $6,825,000 ($492/sqft), built 1956, 13,875 sqft. Est. $29,575/mo. Listed 52 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $6,825,000 |
| Price/sqft | $492 |
| Square Feet | 13,875 |
| Year Built | 1956 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 52 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $29,575 |
| **Total** | **$29,575** |

## Property Highlights

- Built in 1956

## Description

### Agent Description
36-Unit Downtown Alhambra Asset Positioned for Immediate NOI Expansion via Lease-Up and Expense Normalization. The Property is transitioning from a 2025 operational reset into stabilized performance following strategic capital improvements and lease-up activity. 
In 2025, the Property had a vacancy rate of 25.89% and generated $238,588 in Net Operating Income, yielding a cap rate of 3.29%. Current occupancy is 94%. Based on current occupancy, the pro forma cap rate is 5.01%. 
As of April 1, 2026, the vacancy has been reduced to 2 units, reflecting strong leasing momentum and improving cash flow. One unit is currently configured as office space, with the option to convert to a 1-bedroom ( allow the buyer to choose). 
Property has 26.5 off-street covered parking spaces (0.5 is designated motorcycle parking); on-street parking is available from the city for $70 per year per space. 
On-site laundry facilities provided, machines provided by WASH. WASH maintains the machines and pays the owner a percentage of the monthly revenue. 3 washing machines, 3 dryers are on the property.

## Location

- **Address:** 30 N FIRST STREET, Alhambra, CA 91801
- **County:** Los Angeles

## Listing Agent

- **Name:** Lisa Pimentel
- **Brokerage:** CENTURY 21 CITRUS REALTY INC
- **Phone:** 6263912149
- **Email:** LISAMARIEPSELLSHOMES@GMAIL.COM

## Primary Photo

![30 N FIRST STREET - Primary Photo](http://lh.rdcpix.com/0ac7abdab2d75d9153924e56b6e3ab2cl-f1393369674r.jpg)

*12 total photos available on [listing page](https://www.propertysimple.com/listing/30-n-first-street-alhambra-ca-91801-26077738)*

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**MLS#:** CV26077738 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/30-n-first-street-alhambra-ca-91801-26077738)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "30 N FIRST STREET, Alhambra, CA 91801",
  "description": "36-Unit Downtown Alhambra Asset Positioned for Immediate NOI Expansion via Lease-Up and Expense Normalization. The Property is transitioning from a 2025 operational reset into stabilized performance following strategic capital improvements and lease-up activity. \r\nIn 2025, the Property had a vacancy rate of 25.89% and generated $238,588 in Net Operating Income, yielding a cap rate of 3.29%. Current occupancy is 94%. Based on current occupancy, the pro forma cap rate is 5.01%. \r\nAs of April 1, 20",
  "url": "https://www.propertysimple.com/listing/30-n-first-street-alhambra-ca-91801-26077738",
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  "datePosted": "2026-06-18",
  "price": 6825000,
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