Address
27 W Main Street Alhambra, CA
Price
$ 2,997,000
Property Attributes
  • MLS#AR19252861
  • TypeCommercial
  • CountyLOS ANGELES
  • CityAlhambra
  • AreaAlhambra
  • Zip91801
  • StyleRetail
  • Price$ 2,997,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5184
Listing Provided Courtesy Of:
James Kuang with Standard Prosperity.
Property 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.

Price History
1/6/2021 Listed $2,997,000

General Features

Directions Main St and Garfield
Heating Forced Air
Listagentaor Arcadia
Listing Agent James Kuang - BRE#01906627
Listing Agent State License 01906627
MLS Area 601 - Alhambra
Number of Units Leased 8
Price Per Square Foot 578.12
Property SubType Retail
Property Type Commercial Sale
Source System CRMLS
Special Listing Conditions Standard
Zoning CBD

Interior Features

Condo Area Unit Type Square Feet
Heating Y/N Yes
Laundry Features None
Total Stories 1

Exterior Features

Building Area Total 5184.00
Land Use Office, Retail
Lot Size Source Assessor
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91801

Price
AVG $560K
$3M
Visits
AVG 65
7
Year Built
AVG 1968
1984
Walkscore
AVG 82
95
Data Provided by Walkscore ® not using MLS data