Address
2401 W Main Street Alhambra, CA
Price
$ 4,198,000
Property Attributes
  • MLS#AR20143662
  • TypeIncome
  • CountyLOS ANGELES
  • CityAlhambra
  • AreaAlhambra
  • Zip91801
  • Style
  • Price$ 4,198,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10000
  • Lot Size6,142 SqFt
Listing Provided Courtesy Of:
Handoko Chen with GIG Real Estate Inc..
Property Description

2401 W Main St is a mixed-use apartment/retail investment property in the City of Alhambra, CA. The property can be delivered 100% vacant (1 retail tenant lease expires Feb 2021) which provides ultimate flexibility to buyer that wants to set their own rental rates or use it as an owner user. The property is situated on Main Street just within walking distance to multiple power centers anchored by Target, Costco Wholesale, Aldi, Joann Fabrics, and other national/regional retailers. It is also within minutes away from Downtown Alhambra on Main St and Garfield Ave. It has an excellent demographics with $103,688 household income within a 1-mile radius The property is a large two-story building totaling ±10,000 SF building area and situated on a ±6,140 SF lot. It was built in 1925 with Alhambra’s CPD (Commercial Planned Development) zoning. The ground floor is split into 3 retail units and leased to long-time tenants that are month to month. 2nd floor unit has 8 high ceiling apartment units that are 100% vacant. Owner can deliver the building with 3 retail tenants or 100% vacant for new owner to use as an owner user building. The property has been upgraded recently with many capital improvements, such as new exterior painting and new façade. Almost all the 2nd floor apartment units have been upgraded. The 2nd floor apartments have efficient unit mix of two (2) large x 1bed+1bath and six (6) spacious Studio units.

Price History
7/21/2020 Listed $4,198,000

General Features

Assessments Buyer to Verify
Attached Structure Attached
Carport Spaces 0.00
Community Features Valley
Directions FWY 10 exit Atlantic, go north and make left on Main St, building on right side before Fremont Ave
Garage Spaces 0.00
HOA Fee 0.00
Levels Two
Listagentaor Arcadia
Listing Agent Handoko Chen - BRE#01749321
Listing Agent State License 01749321
MLS Area 601 - Alhambra
Parking Features None
Pool Features None
Price Per Square Foot 419.80
Property Attached Y/N Yes
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 11
Zoning ALCPD*

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 2+ Common Walls
Garbage Disposal Count 8
Laundry Features None
Number of Wall ACs 11
Range Count 8
Studio Area Unit Type Square Feet
Total Stories 2

Exterior Features

Building Area Total 10000.00
Lot Features Lot 10000-19999 Sqft
Lot Size Acres 0.1410
Lot Size Area 6140.0000
Lot Size Source Assessor
Lot Size Square Feet 6140.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 12
Number of Separate Gas Meters 12
Number of Separate Water Meters 1
Total Parking 0.00
Uncovered Spaces 0.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91801

Price
AVG $1.84M
$4.2M
Visits
AVG 41
91
Year Built
AVG 1942
1925
Walkscore
AVG 77
84
Data Provided by Walkscore ® not using MLS data

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