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    2401 W Main Street

    Alhambra, CA 91801
    • $3,999,000
    • STATUS: Active
    • ON SITE: 58 days
    • ID#: P1-4233
    UPDATED: 33 min ago
    $3,999,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,000
      SQFT
    • $400
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Offered is this mixed-use apartment/retail investment property in the City of Alhambra, CA consisting of three retail spaces and eight second floor residential units. The property can be delivered 100% vacant which provides ultimate flexibility to set rental rates or use it as an owner user. Located on the corner of Primrose & Main Street within walking distance to retail, eateries, entertainment and financial institutions. Nearby tenants include Target, Costco Wholesale, Aldi, Joann Fabrics, and many others. It is also minutes away from Downtown Alhambra on Main St and Garfield Ave. It has an excellent demographics with household income within a 1-mile radius in excess of $100,000.00. The property is a large two-story building totaling 10,000+/- SqFT of building situated on a 6,140 SqFT lot. Constructed in 1925 with Alhambra's CPD (Commercial Planned Development) zoning. The ground floor is divided into three retail units and leased to long-term tenants that are currently month to month. Second floor offers eight high ceiling apartment units that are presently vacant, being marketed for lease. The property has been upgraded recently with many capital improvements, such as new exterior painting and new facade. Second floor apartment units have been upgraded. Featuring an efficient unit mix of two large 1bed+1bath and six spacious Studio units.

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    Based on information from CRISNet MLS as of 2021-06-14T20:56:12.247. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-06-14T20:56:12.247. 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.
    www.trulinerealty.com/homes/116203885
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    2401 W Main Street Alhambra, CA 91801

    • Price: $3,999,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: P1-4233
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    10,000
    SQFT
    $400
    $/SQFT
    1925
    Built
    Neighborhood:
    601 - Alhambra
    County:
    Other County
    Area:
    601 - Alhambra
    Property Description
    Offered is this mixed-use apartment/retail investment property in the City of Alhambra, CA consisting of three retail spaces and eight second floor residential units. The property can be delivered 100% vacant which provides ultimate flexibility to set rental rates or use it as an owner user. Located on the corner of Primrose & Main Street within walking distance to retail, eateries, entertainment and financial institutions. Nearby tenants include Target, Costco Wholesale, Aldi, Joann Fabrics, and many others. It is also minutes away from Downtown Alhambra on Main St and Garfield Ave. It has an excellent demographics with household income within a 1-mile radius in excess of $100,000.00. The property is a large two-story building totaling 10,000+/- SqFT of building situated on a 6,140 SqFT lot. Constructed in 1925 with Alhambra's CPD (Commercial Planned Development) zoning. The ground floor is divided into three retail units and leased to long-term tenants that are currently month to month. Second floor offers eight high ceiling apartment units that are presently vacant, being marketed for lease. The property has been upgraded recently with many capital improvements, such as new exterior painting and new facade. Second floor apartment units have been upgraded. Featuring an efficient unit mix of two large 1bed+1bath and six spacious Studio units.
    Exterior Features

    Fence YN No Fencing None

    Property Features

    Building Status Existing Investment Property YN Yes Property Sub Type Mixed Use Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Gary Ahlfeldt, CA DRE# , of Gary Ahlfeldt, Broker.


    Based on information from CRISNet MLS as of 2021-06-14T20:56:12.247. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-06-14T20:56:12.247. 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.
     
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    2999 Overland Ave., Suite 116
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