300 Cypress Ave Alhambra, CA 91801
- Manufacturing properties
- 15,925 SF
- 0.66 lot acres
Current Use by Public Records
- Sewing Arts / Sewing Shop
- Riedon Resistors / Manufacturer / Electronics Manufacturer
- James Gerry Co / Insurance Agency
- Arelle Labs / Laboratory
Property Details for 300 Cypress Ave
- Year built
- 1965
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.66 lot acres
- Property size
- 15,925 SF
- Zone code
- ALMPD*
- Property type
- Manufacturing properties
- APN
- 5342-009-024
- APU
- 5342009024
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,100,000
- 6.5%
- $2,865,000
- 7%
- $2,660,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,720,000
- AI Estimate
- $1,664,000
Market price range: $1.64M - $5.36MMarket price range: $510k - $4.22M
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Location Insight
- Map
- Local Demand
- City
- Alhambra
- County
- Los Angeles
- State
- California
- Longitude
- -118.15
- Latitude
- 34.0903
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA