2633 W Valley new

Alhambra,CA 91803

$ 688000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25238594

HOA Y/N No

Year Built 1924

Lot Size 2,238 Sqft

Lot Dimensions Assessor

Property Sub-Type Retail

Property Description

100% Vacant Commercial units (2) right on Valley Blvd, Superb location crossing Fremont St, completely upgraded property, Extremely High Traffic Volume (40,644 VPD), Wide 25ft Valley Blvd frontage, Owner-user or Investment, Easy to manage and leased.
2633 & 2635 W Valley Blvd, a 2-commercial units' property in the heart of Alhambra, CA. Strategically located on Valley Blvd and crossing Fremont St, this 100% vacant retail property presents a unique opportunity for an owner-user or investor to acquire a very easy to lease and manage commercial building in a extremely high visibility location. With over 40,000 Vehicles per Day (VPD) traffic volume on Valley Blvd, combined with additional traffic on Fremont St, this property provides superb visibility and exposure for almost any retail business an owner/investor could think of.

The property is a single-story commercial building split right in the middle into 2 retail units. It has a total of ±860 SF rentable space (measured by seller – buyer to verify) and situated on ±2,239 SF Lot. It has been completely upgraded by the owner making this property as good as new. Some of the recent upgrades are: New framing , new electrical, new plumbing, , new insulation, new drywall, new store front glass doors and windows, new doors, new toilets , new vanity, new security exterior doors, new water heater polished concrete floor, new mini split system, clean and refinish all exterior, new interior and exterior paint, new lights, new floor base trim, new lighting in the back, Patch stucco and pour new concrete.

Ownership has received many calls from prospective drive-by tenants who are interested and ready to lease the space, confirming the high demand and visibility of this location. Each unit is separately metered for electricity and has its own mini-split HVAC system. Parking is provided in the back through alley access. Parking is not striped – new owner can probably fit between 6-8 parking spaces in the back depending on the striping.

The property has CMU (Commercial Mixed-Use, buyer to verify) zoning which covers a wide range of allowed use including Residential (R4) and Commercial. Within walking distance are national and regional tenants such as Ralphs (0.2 miles), Kang Ho-Dong Baekjeong (0.2 miles), Daiso Japan (0.3 miles), 85°C Bakery (0.5 miles), and a variety of authentic Asian restaurants, bubble tea shops, and specialty grocers.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Zoning CMU

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry None

Exterior

Fence None

Utilities Available Cable Available,Electricity Connected,Natural Gas Available,Phone Available,Sewer Connected,Water Connected,Overhead Utilities

Roof Type Flat

Total Parking Spaces 6

Building

Lot Description Level,Near Public Transit,Rectangular Lot,Street Level,Value In Land

Story 1

Water Public

Others

Tax ID 5351009019

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

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