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Alhambra, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Alhambra, Illinois Market population: 84K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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πŸ“Š Average Cap Rate For Alhambra CA Properties: 7.68%

⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF

πŸ“Š Avg Property Tax Rate For Alhambra CA Properties: 1.2800%

⭐ Featured

Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF

Investor Questions For Alhambra CA

Common questions from investors exploring commercial real estate in Alhambra CA.

What is the overall investment potential of Alhambra, CA, considering its demographic and economic factors? +
Alhambra, CA presents a stable investment market, with a median household income of $54,148 and a relatively high poverty rate of 13.7%, indicating a working-class market with employment stability, further supported by a high health insurance coverage rate of 90.6% and a diverse population with top ethnicities including Asian (35.5%), Hispanic (24.7%), and White (14.4%). The average commute time of 29.3 minutes and top commute methods also suggest solid infrastructure for renters. Additionally, the top industries, including Information, Finance & Insurance, and Public Administration, contribute to market demand insights.
How does the poverty rate and health insurance coverage in Alhambra, CA affect the quality of tenants and rental yields? +
The 13.7% poverty rate in Alhambra, CA, combined with a high health insurance coverage rate of 90.6%, suggests a working-class market with access to healthcare, which can contribute to a more stable tenant base, and when considering the median property value of $478,500 and median property taxes of $11,950, investors can assess the potential for rental yields in this market, taking into account the diverse population and top industries driving employment and demand.
What role do commute times and transportation methods play in assessing the stability of the Alhambra, CA real estate market? +
The average commute time of 29.3 minutes in Alhambra, CA, along with top commute methods such as driving alone, working from home, and carpooling, indicates a well-connected city with relatively easy access to employment opportunities, which can contribute to a stable real estate market, and when combined with the city's demographic factors, such as a median age of 39.8 and a homeownership rate of 40.4%, provides a comprehensive view of the market's potential for investors.
How does the ethnic diversity and industry mix in Alhambra, CA impact market demand and investment opportunities? +
The ethnic diversity in Alhambra, CA, with top ethnicities including Asian (35.5%), Hispanic (24.7%), and White (14.4%), contributes to a vibrant and diverse community, which can drive market demand, and when considering the top industries, including Information, Finance & Insurance, and Public Administration, investors can identify opportunities for growth and development, particularly in areas such as rental properties and commercial spaces, taking into account the city's median household income of $54,148 and poverty rate of 13.7%.
What are the implications of the GINI coefficient and income inequality on real estate investment in Alhambra, CA? +
The GINI coefficient of 0.434 in Alhambra, CA, indicates a moderate level of income inequality, which, when combined with the poverty rate of 13.7% and median household income of $54,148, suggests that investors should consider the potential for a mixed-income tenant base, and with the city's high health insurance coverage rate of 90.6% and average commute time of 29.3 minutes, can assess the overall stability and potential for returns on investment in the Alhambra, CA real estate market, including the impact of top industries and ethnic diversity on market demand.

Alhambra CA Real Estate & City Facts

Key facts and real estate information about Alhambra CA.

What are some of the best neighborhoods to live in Alhambra? +
Some of the best neighborhoods to live in Alhambra include Alhambra Hills, Midwick Tract, Emery Park, and Alhambra Vista. These neighborhoods offer a range of housing options, from single-family homes to apartments, and are known for their scenic views, community atmosphere, and convenient access to local amenities.
What are some fun things to do in Alhambra? +
There are plenty of fun things to do in Alhambra, including visiting the Ohana Brewing Company, catching a show at The Lizard Theater Company, exploring the shops and galleries on Main Street, and enjoying the outdoors at Almansor Park or one of the many other local parks. You can also check out the Neon Retro Arcade, play escape rooms, or try your hand at axe throwing.
What is the food scene like in Alhambra? +
The food scene in Alhambra is diverse and vibrant, with a range of options to suit every taste and budget. Some popular restaurants include Lunasia Dim Sum House, Grill 'Em All Alhambra, Gold Hibachi Buffet, and Henry's Cuisine. You can also find great food at local eateries like Hengry and Ipoh Kopitiam, or try some of the city's famous Sichuan cuisine. There are also plenty of great food trucks and casual eateries to grab a quick bite.
What are the pros and cons of living in Alhambra? +
The pros of living in Alhambra include its convenient location, scenic views, and range of housing options. The city also has a strong sense of community, with many local events and festivals throughout the year. However, some cons of living in Alhambra include traffic and parking challenges, particularly during rush hour, and a relatively high cost of living compared to some other parts of the San Gabriel Valley. Additionally, some areas of the city can be quite crowded and noisy, particularly near the downtown area.
Is Alhambra a good place to live? +
Overall, Alhambra is a great place to live, with its unique blend of small-town charm and big-city amenities. The city offers a range of housing options, a diverse and vibrant food scene, and plenty of things to see and do. While it may have some drawbacks, such as traffic and crowds, the pros of living in Alhambra far outweigh the cons for many residents. Whether you're a young professional, a family, or a retiree, Alhambra has something to offer, and its convenient location and scenic views make it an attractive option for anyone looking to live in the San Gabriel Valley.

πŸ“Š Average Income For Alhambra CA Commercial Property: $54,148

⭐ Featured

7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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