Historical Office Sale Listing - Alhambra 4 Units / Warehouse / Flex Space

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Alhambra 4 Units / Warehouse / Flex Space

5404 Alhambra Ave, Los Angeles, CA 90032

N/A

8,250 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
8,250 SF
Property Type:
Office
Property Sub-type:
Office-Warehouse
Property Use Type:
Vacant/Owner-User
Commission Split:
2.5%
Building Class:
C
Listing ID
18375212
Last Updated
133 days ago

Description

REDUCED! Submit ALL offers as seller will review and resound to all offers. 8650 SF structure available with over 20 Foot Ceilings that can be used as a warehouse, office space, showroom, work & live, or combo Flex Space. Property is on a high visibility street with parking behind the structure and ample street parking. Presently, the structure has been divided into 4 separate units that consist of (1) Address 5404 ~2,500 SF Office being rented for $3,000.00 per month (1) 5404 A ~ 2,500 SF Office Space being rented for $1,300 (2) 5404 B ~ 1,500 SF Office being rented for $1,400 per month. (3) 5404 C ~ 1,500 SF Warehouse is presently vacant. There is a 650 SF enclosed attached Warehouse that is adjacent to Unit 5404. Each unit has central heat & air, it's own meter, and loading dock. Present GRI is $68,400.00, NOI 49419.96, Cap Rate 5.1% Pro Forma GRI is $108990.00, NOI is $60189.96, Cap Rate of 6.2%. Property is conveniently and efficiently located MINUTES from the 710 & 10 Freeway interchange and minutes from Los Angeles & the San Gabriel Valley.

Cross streets are Alhambra Ave and Hollister Ave.

Map of 5404 Alhambra Ave, Los Angeles, CA 90032 (Los Angeles County)

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Created 9/26/2013