2814 Valley BlvdAlhambra, CA 91803

  • Retail properties
  • 1,000 SF
For Sale
$595,000 View listing

Property Details for 2814 Valley Blvd

Year built
1937
Construction
TILT-UP CONCRETE
Lot size
0.05 AC
Property size (Sq ft)
1,000 SF
Zone code
ALCPD*
Property type
Retail properties
Property subtype
Retail space
APN
5351-010-023
APU
5351010023

Description

This exceptional free-standing office building, located at 2814 W Valley Boulevard in Alhambra, California, presents a unique investment opportunity. The property boasts a total building area of 2,153 square feet situated on a 0.05-acre lot. Currently operating as an Immigration Law Office, this building benefits from its prime location at a busy intersection, ensuring high visibility and accessibility. The building includes its own parking lot secured by a security gate, providing ample and safe parking for tenants and visitors. Its convenient location offers easy access to major freeways, including the 10 and 710 freeways, enhancing its appeal to a wide range of potential tenants. The building's interior comprises approximately 1,050 square feet of usable office space. The property is being sold "AS IS," and potential buyers are responsible for verifying zoning and usage with the City of Alhambra. This presents a compelling opportunity for owner-occupants or investors seeking a well-situated commercial property in a thriving area. The property's current use as a professional office suggests a variety of potential future uses, subject to city approvals. Don't miss this chance to acquire a valuable asset in a high-demand location. The asking price is $575,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $393,899
    6.5%
    $363,599
    7%
    $337,628
  • Comparable approach

    Method
    Valuation
    Relative Method
    $477,208
    Geo Method
    $479,203
  • Alternative Use

    Use
    Valuation
    Residential
    $306,710
    Hospitality
    $280,944
    Educational
    $233,743
    Medical
    $241,781
    Retail
    $363,599
2814 Valley Blvd, Alhambra, California

Location Insight

City
Alhambra
County
Los Angeles
State
California
Latitude
34.0765
Longitude
-118.154
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,864
$278,773
$76,657
$355,430
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FAQs

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