2633 Valley BlvdAlhambra, CA 91803

  • Retail space
  • 730 SF
For Lease
$48/SF/YR View listing

Property Details for 2633 Valley Blvd

Year built
1924
Construction
TILT-UP CONCRETE
Lot size
0.05 AC
Property size (Sq ft)
730 SF
Zone code
ALCPD*
Property type
Retail space
APN
5351-009-019
APU
5351009019

Description

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

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
$5,248
$261,000
$129,000
$390,000
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-
-
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