$2,997,000
For Sale

27 W Main Street

Alhambra, CA 91801
Courtesy of Standard Prosperity
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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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  • 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
      • Selling Office Commission:2.000
  • Other
    • Source
      • MLS #:AR19252861

Location

Carrie DavisReal Estate Group
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