2620 Valley BlvdAlhambra, CA 91803

Property Details for 2620 Valley Blvd

Year built

1983

Construction

TILT-UP CONCRETE

Lot size

0.84 AC

Property size (Sq ft)

10,850 SF

Zone code

ALCPD*

Property type

Retail space

APN

5351-010-030

APU

5351010030

Description

This exceptional business opportunity presents the chance to acquire a well-established Mexican restaurant located at 2620 Valley Boulevard in Alhambra, California. The property sits on a sizable 0.84-acre lot, providing ample space for potential expansion or outdoor seating. The restaurant, known as Lupita Mexican Food, has cultivated a strong reputation within the community over its six-year history, building a loyal customer base. This turnkey operation includes all fixtures and equipment, allowing for a seamless transition for the new owner. The prime location on Valley Boulevard ensures high visibility and significant foot traffic, contributing to the restaurant's consistent success. The asking price is $69,888, representing a compelling investment in a proven, profitable business. Financial details are available upon request, along with a comprehensive inventory of included equipment and fixtures. This is an ideal opportunity for an experienced restaurateur or a savvy investor seeking a profitable, established business in a desirable location. The property's size and location offer significant potential for future growth and development. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $4,273,809

  6.5%

  $3,945,054

  7%

  $3,663,265

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,177,706

  Geo Method

  $5,199,354

• Alternative Use

  Use

  Valuation

  Residential

  $3,327,801

  Hospitality

  $3,048,248

  Educational

  $2,536,106

  Medical

  $2,623,327

  Retail

  $3,945,054

Location Insight

City

Alhambra

County

Los Angeles

State

California

Latitude

34.0765

Longitude

-118.153

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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