2814 Valley BlvdAlhambra, CA 91803

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 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.

• 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

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

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