Alhambra City Guide for Commercial Real Estate

*For informational purposes only. Not to be construed as legal advice.

History of Alhambra

In 1874, a trapper and trader name Benjamin Wilson bought a large amount of land, diving them into lots and naming it “Alhambra” to his oldest daughter Ruth’s request after reading the book “Tales of the Alhambra” by Washington Irving. These land subdivisions attracted many settlers and with the help of the Southern Pacific Railroad, Alhambra began to see an increase in population. After a short economic struggle in the late 19th century, Alhambra successfully incorporated into a city in 1903.

The city now is a different place than it’s agricultural past. With a blend of old fashioned americana and a mix of international businesses and events, the city of Alhambra is just as lively today. The city’s close proximity to Downtown Los Angeles attracts many young professionals looking to find a place that has a mix of urban and suburban. The city also boasts excellent schools and charming architecture.

Economy

According to the data from the Census Bureau, the average housing income for Alhambra lands at $55,401. There are a total of 10,635 total businesses with a total of 41,300 employees estimated in 2012. The total average housing unit value lands at $553,800.

Household IncomeTotal BusinessesEmployeesAverage Housing Value
$55,40110,635 (2012)41,300$553,800

Demographics

According to the 2010-2015 ACS, the median age for Alhambra is at around 38.5 years. There is a rapidly growing Asian community in Alhambra, with 52.9% of Alhambra’s citizens being of Asian descent. Being relatively close to Downtown LA and Pasadena, Alhambra is a popular choice for professionals as well as new families.

Total PopulationPercent with College Degree or Above
84,649 (estimated 2018)33.6% (2013-2017)

Age Distribution

<5yr<18yr>65+yr
5.0%17.5%16.7%

Commercial Real Estate

Alhambra offers plenty of opportunities for those looking to invest in commercial real estate. View some of the available listings that we are currently brokering, as well as previously sold properties.

Commercial Real Estate Listings near Alhambra

Properties Sold

Resources

Check out these free resources to help you manage your commercial real estate portfolio.

Glossary of Commercial Real Estate Terms

Free Commercial Property Valuation

Commercial Real Estate Blog

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