2814 Valley BlvdAlhambra, CA 91803
- Retail properties
- 1,000 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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