Property profile

2620 Vly Blvd Alhambra, CA 91803

OFF-MARKET
Retail space
Property ID
US09-8822656
10,850 SF 0.84 ac lot Built 1983
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1983
Construction TILT-UP CONCRETE
Total area 10,850 SF
Lot 0.84 ac (36,448 SF)
Zoning code ALCPD*
APN 5351-010-030
UPID US09-8822656

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

2620 Vly Blvd Alhambra, CA 91803-1856
Alhambra metro Census 481901 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.70M
Comparable Approach Comparable
$2.99M
Blend (final) Blend
$3.29M

Owner & transaction history

since 2023
6 recorded transactions
2023
Price N/A
2023
Price N/A
2022
Price N/A
2022
Price N/A
2022
Price N/A
1969
Price N/A

Zoning & alternative use

ALCPD* · Alhambra, CA
Top alternative use upside
Auto repair, garage $5.0M +10.5%
Medical building $4.9M +8.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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