30 N FIRST STREET, Alhambra, CA 91801
Commercial property
Sold August 2026
Listing Agent: Lisa Pimentel (DRE #01745013) · Listing Office: Century 21 Masters · Contact: 626-391-2149 · Bought with: Eric Chen · CB RICHARD ELLIS · MLS #CV26166315 · Source: CRMLS
How this sale compares
30 N FIRST STREET sold for $4,796,250 in August 2026, 7.8% under its $5,200,000 list price, after 8 days on the market. It was first listed at $6,425,000.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
About this commercial property
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.
Listing description from the August 2026 sale, as reported to CRMLS.
Sale history
Questions about 30 N FIRST STREET
When did 30 N FIRST STREET last sell?
30 N FIRST STREET last sold in August 2026 for $4,796,250, according to CRMLS-reported closed sales.
What did 30 N FIRST STREET sell for?
$4,796,250, 7.8% below the $5,200,000 list price, after 8 days on the market.
Is 30 N FIRST STREET for sale now?
30 N FIRST STREET is not currently listed on the MLS. Browse current homes for sale in Alhambra on Nalren.