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    2428 W Valley Boulevard

    Alhambra, CA 91803
    • $1,688,800
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: TR20231403
    UPDATED: 72 min ago
    $1,688,800
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,050
      SQFT
    • $279
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1952
    County:

    School Ratings & Info

    Description

    RARE OPPORTUNITY, Retail/Office Building sits in the prime location in the city of Alhambra. The project is located right next to one of the busiest intersection in Alhambra. CPD Zoning (COMMERCIAL PLANNED DEVELOPMENT) that can accommodate most of the retail business, also with potential for alternation/residential use. The property is currently fully occupied with potential to increase its pro-forma cap rate to 6.5% based on current market rate during COVID. The project offers a great 66' width off valley blvd, with steady growth of population to sustain future demand. Don't miss this opportunity to own this project today.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-01T17:31:20.08. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

    www.amayarealestategroup.com/homes/111558700
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    2428 W Valley Boulevard Alhambra, CA 91803

    • Price: $1,688,800
    • Status: Active
    • Updated: 72 min ago
    • ID#: TR20231403
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    6,050
    SQFT
    $279
    $/SQFT
    1952
    Built
    Neighborhood:
    601 - Alhambra
    County:
    Los Angeles
    Area:
    601 - Alhambra
    Property Description
    RARE OPPORTUNITY, Retail/Office Building sits in the prime location in the city of Alhambra. The project is located right next to one of the busiest intersection in Alhambra. CPD Zoning (COMMERCIAL PLANNED DEVELOPMENT) that can accommodate most of the retail business, also with potential for alternation/residential use. The property is currently fully occupied with potential to increase its pro-forma cap rate to 6.5% based on current market rate during COVID. The project offers a great 66' width off valley blvd, with steady growth of population to sustain future demand. Don't miss this opportunity to own this project today.
    Exterior Features

    Lot Features No Landscaping Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Heating Radiant Heating YN Yes Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Land Use OfficeRetail Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 5 Property Sub Type Retail Special Listing Conditions Standard Water Source Public Zoning Cpd

    Listing provided courtesy of Fan Zhang of Re/Max Universal Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-01T17:31:20.08. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

     
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    A|G Amaya Group Real Estate
    27150 Eucalyptus Ave., Suite A
    Moreno Valley CA, 92555