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27 W Main Street

Alhambra, CA 91801
  • $2,997,000
  • STATUS: Active
  • ON SITE: 765 Days
  • ID#: AR19252861
UPDATED: 28 min ago
$2,997,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,184
    SQFT
  • $578
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1984
County:

School Ratings & Info

Listing provided courtesy of James Kuang of Standard Prosperity

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T00:26:48.187. 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 Twiss Realty. Licensed in the State of California, USA.
www.twissrealty.com/homes/100356564
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27 W Main Street Alhambra, CA 91801

  • Price: $2,997,000
  • Status: Active
  • On Site: 765 Days
  • Updated: 28 min ago
  • ID#: AR19252861
0
Beds
0
Baths
0
½ Baths
0.16
Acres
5,184
SQFT
$578
$/SQFT
1984
Built
Neighborhood:
601 - Alhambra
County:
Los Angeles
Area:
601 - Alhambra
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.
Exterior Features

Lot Features 0-1 Unit/Acre

Interior Features

Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Laundry Features None Listing Agreement Exclusive Right To Sell Number Of Units Leased 8 Property Sub Type Retail Special Listing Conditions Standard Water Source Public Zoning Cbd



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T00:26:48.187. 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 Twiss Realty. Licensed in the State of California, USA.
 
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Twiss Realty
5071-A Cole Road
Mariposa CA, 95338
Listing provided courtesy of James Kuang of Standard Prosperity