1308-1412 E Valley Blvd | Alhambra, CA 91801
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- LoopNet Team
1308-1412 E Valley Blvd
Alhambra, CA 91801
35k SF Multi-tenant center on Valley Blvd · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime VALUE-ADD Investment with SALE LEASEBACK structure OR Prime REDEVELOPMENT SITE on Valley Blvd in Alhambra, CA
- Excellent location with a wide ±300ft frontage right on VALLEY BLVD! Excellent Traffic count: ±29,400 vehicles per day, Walk score 89 (very walkable)
- Good lease rates with significant rental upside and strong fundamentals providing a stable and strong current and future cash-flow + appreciation po
- Located in an extremely strong commercial area on Valley Ave, the BEST street for retail/commercial/mixed-use in west San Gabriel Valley.
- FAR (Floor Area Ratio) 2.0 (buildable up to ±209,000 SF), 48 units/acre – buildable up to 115 units mixed-use before any bonus density
- Zoning CMU (Commercial Mixed-Use) offers a wide range of uses and the highest density allowed for residential development.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
35,022 SF
Building Class
C
Year Built
1960
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
2.40 AC
Zoning
CMU, Alhambra - CMU - Commercial Mixed USE
Parking
150 Spaces (4.28 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 5359-006-030 | Improvements Assessment | $4,700,791 |
| Land Assessment | $3,102,339 | Total Assessment | $7,803,130 |
PROPERTY TAXES
Parcel Number
5359-006-030
Land Assessment
$3,102,339
Improvements Assessment
$4,700,791
Total Assessment
$7,803,130
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