Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1723 Main St Alhambra, CA 91801-1827
    Back to Search
    Property profile & analytics

    1723 Main St Alhambra, CA 91801-1827


    • Retail space
    • 10,600 SF
    • 0.71 lot acres
    Off-Market
    Last Sale Jan 28, 2022
    $4,915,049
    Property ID
    US09-8647354
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $4,815,000
    Show details
    Cap Rate Potential
    5.1%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Amazon Hub Locker - Sofrito / Postal Service / Courier Service
    • Launderland / (Bike/Boat/Book/etc) Store
    • 7-Eleven / Grocery & Convenience Store
    • Western Union / Bank / Credit Union
    • Redbox / Cinema / (Bike/Boat/Book/etc) Store

    Property Details for 1723 Main St

    Year built
    1976
    Construction
    TILT-UP CONCRETE
    Lot size
    0.71 lot acres
    Property size
    10,600 SF
    Zone code
    ALCPD*
    Property type
    Retail space
    APN
    5339-021-040
    APU
    5339021040

    Description

    This exceptional investment opportunity presents a vibrant retail plaza ideally situated in the West SGV submarket of Los Angeles County. The property, known as the 7-Eleven & Subway Plaza, comprises two single-story buildings totaling 10,600 square feet on a 0.71-acre lot (31,042 square feet). Built in 1976, the property boasts a prime location with high visibility and traffic volume, enhanced by its corner location and proximity to car dealerships and high-density residential areas. The zoning is ALCPD*. The property features 10,600 total square feet, divisible into units as small as 360 square feet, offering flexibility for various retail or restaurant concepts. Currently, there are two available spaces, with sizes ranging from 360 to 1,600 square feet. Units #1715-1717 are combined for a larger space. The presence of established tenants like 7-Eleven and Subway provides a built-in customer base and significant foot traffic. Unit #1705-B, adjacent to Subway, presents an ideal location for an ATM. The property's address is easily accessible via Marengo Ave and its APN is 5339-021-040. This is a rare opportunity to acquire a well-located, established retail center with strong potential for growth and return on investment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,615,000
      ML approach
      $4,815,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,910,000
      6.5%
      $3,610,000
      7%
      $3,350,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,830,000
      Market price range: $2.70M - $5.83M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $4,435,000
      Current use
      RESTAURANT
      $6,905,000
      Change: +56% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $6,450,000
      Change: +45% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $4,905,000
      Change: +11% Conversion: Difficult
      MEDICAL BUILDING
      $4,820,000
      Change: +9% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Alhambra
    County
    Los Angeles
    State
    California
    Longitude
    -118.142
    Latitude
    34.0919
    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
    $65,995
    $3,121,200
    $1,992,366
    $5,113,566
    -
    $0.00
    $0.00
    $0.00
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message