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Property profile & analytics
OFF-MARKET Estimated value $2,415,000
Manufacturing properties

300 Cypress Ave Alhambra, CA 91801-3001

15,925 SF 0.66 ac lot Built 1965
Trust Owned 20-yr Hold Absentee Owner Free & Clear
Property ID
US09-6498099
Property summary
AI-generated overview

This exceptional 15,925-square-foot industrial flex building in Alhambra, CA (91801), presents a unique investment opportunity. Situated on a substantial 28,844-square-foot lot, this single-tenant property boasts a gross lease and offers significant flexibility for various business needs. The building features a 17-foot ceiling height at its highest point, allowing for versatile space utilization and accommodating large equipment or multi-level storage. Power is well-distributed, with 3 electrical panels (most 120/240V), and 3-phase power ranging from 400 to 800 amps (verification needed). Ample parking is provided with 30 on-site spaces. Its strategic location offers easy access to the 10 and 710 freeways, ensuring streamlined distribution and operational efficiency. The property benefits from its proximity to a variety of retail amenities, enhancing convenience for employees and customers. Furthermore, its tranquil cul-de-sac location provides a serene and private work environment. The asking price is $3,600,000. The APN is 5342-009-024. This property is ideal for businesses seeking a blend of functionality, accessibility, and a peaceful setting. Its adaptable layout and prime location make it a highly desirable asset.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1965
Construction TILT-UP CONCRETE
Total area 15,925 SF
Lot 0.66 ac (28,844 SF)
Zoning code ALMPD*
APN 5342-009-024
UPID US09-6498099
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sewing Arts (Bike/Boat/Book/etc) Store
  • Riedon Resistors Industrial Manufacturer Production Facility
  • James Gerry Co Insurance Agency
  • Arelle Labs Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.87M
Comparable Approach Comparable
$2.72M
Blend (final) Blend
$2.42M
Owner & transaction history
Riedel M W & A S Trust Agreement · 20 yrs held
Riedel M W & A S Trust Agreement
since 2005
1 recorded transaction
2005
Price N/A
Zoning & alternative use
ALMPD* · Alhambra, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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