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$1,250,000
Est. payment /mo
8,341 Sqft Lot
Active
505 S Atlantic BLVD Alhambra, CA 91801
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26119586
HOA Y/N No
Year Built 1975
Lot Size 8,341 Sqft
Property Sub-Type Retail
Property Description
LOCATION!! LOCATION!! A fully leased strip center located at a busy signal controlled corner of two major thoroughfares, Atlantic Blvd/Mission Road, in the growing City of Alhambra, with daily traffic of more than 48,000 cars per day. This center features 3 retail units, plus a garage/storage space for approx. 2,800 SF with actual annual income of $76,200. According to City Planning Division, there's no minimum parking requirement for businesses of this center. This rare to find property is great for investment and owner user. Seller has completed environmental phase 1 & 11 report, and CASp inspection. Don't miss the opportunity to own this great turn key investment. Seller reserves the right for a 1031 Tax deferred exchange with No cost to buyer.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Interior
Cooling Central Air
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 5343027029
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard

Listed by Connie Hsu Coldwell Banker New Century 626-641-3289, DRE #01227052
NEARBY SCHOOL & BUSINESS
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