Description
$233,280 pro-forma NOI offering you 7.7% pro-forma Cap Rate. This property is located in the prime area of Downtown Alhambra giving you 50 ft of frontage where most of the activity is concentrated. You have the one movie theater in Alhambra and the newly developed Alhambra Place Neighborhood Center that features a Sprouts market along with new apartment buildings all a crosswalk away from the subject property. Currently, the subject property is divided into (8) units and can be left as is or repositioned into a single-tenant retail space. What makes this property especially unique on this block is the fact that there is a walkway from the back of the building all the way to the front giving this property additional foot traffic from the alleyway where the parking structure is located.
Property Details
Property
- Stories:1
- Lot description:Item01UnitAcre
Measurements
- Acres:0.161
Construction Details
Type & Style
- Property type:Purchase
Condition
- Year built:1984
Utilities / Energy Details
Utility
- Utility source:Public
Community and Neighborhood Details
Location
- County:Los Angeles
Financial Details
Pricing Details
- Original List Price:$2, 997, 000
Other
Source
- MLS #:AR19252861
-
- Buyer Agency Compensation:2.000
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: James Kuang (#A39101)
Listing Office: Standard Prosperity (#31035)
