This 900-square-foot retail building, located at 2633 W Valley Blvd in Alhambra, California (zip code 91803), sits on a 0.05-acre lot and offers a unique owner-user opportunity. Completely renovated in 2024, the single-story building boasts a modern design with expansive storefront windows, providing excellent visibility and natural light. The open floor plan is highly versatile, suitable for various uses including retail, offices, or creative workspaces. The property features six parking spaces and is situated on a high-traffic commercial street, approximately 150 feet from the intersection of W Valley Blvd and S Fremont St, experiencing combined daily traffic exceeding 74,712 vehicles. The property is currently 100% vacant, ready for immediate occupancy. The minimum divisible space is 450 square feet, with a maximum contiguous space of 900 square feet. The building was originally constructed in 1924 and is located in Los Angeles County (APN: 5351-009-019). The property's prime location and modern amenities make it an ideal investment for business owners seeking a thriving, centrally located space. Financing options, including SBA loans, may be available for qualified buyers occupying at least 51% of the space.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$287,547
6.5%
$265,428
7%
$246,468
Comparable approach
Method
Valuation
Relative Method
$348,362
Geo Method
$349,818
Alternative Use
Use
Valuation
Residential
$223,898
Hospitality
$205,089
Educational
$170,632
Medical
$176,500
Retail
$265,428
Location Insight
City
Alhambra
County
Los Angeles
State
California
Latitude
34.0771
Longitude
-118.153
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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