The city of Alhambra is a city located in the west part of the San Gabriel Valley of Los Angeles, California. It is roughly 8 miles away from the downtown area of Los Angeles. The estimated population of the city is 85,804. Originally incorporated in 1903, the area has seen an increase in population in recent months.
The city of Alhambra has a diverse economic picture that relies on several large companies and corporations located in and around the greater Los Angeles area. The unemployment rate of the city is roughly 9.5% and has seen a decline in recent months. Despite being touted as one of the best places to live in the Los Angeles area, it hasn't been immune to the economic changes that the nation has faced in recent years. Some of the larger companies in the Los Angeles area within driving distance of Alhambra include, Bank of America, Union Bank of California, The Coffee Bean & Tea Leaf, Univision, and many others.
Those looking for office and retail space will find a plethora of options to look at in and around Alhambra. In a recent survey of the area, many options started at around $450 a month for small office space options. Retail options abound with great real estate at around $3 a square foot for 1,000 square feet and more. Options abound in the area for commercial real estate rentals in prime locations.
The climate of Alhambra is in line with that of the greater Los Angeles area. The climate is often times referred to as Subtropical-Mediterranean climate with many days of sunshine, and moderate weather. Extremes aren't often seen in terms of weather in the city, but it has been known to occur in years past.