Property profile

401 Main St Alhambra, CA 91801

OFF-MARKET
Community centers
Property ID
US09-8556558
10,500 SF 0.17 ac lot Built 1995
Trust Owned 7-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Alhambra, CA commercial property, located at 401-419 W. Main St, offers a unique investment opportunity. The two-story building, originally constructed in 1915 and renovated in 1922, boasts a total of 20,355 square feet. Currently, there are 3,500 square feet of vacant space available, divisible into units ranging from a minimum of 850 square feet to a maximum contiguous space of 1,500 square feet. The property is zoned for retail and office use, suitable for traditional office, medical, or dental practices. Situated on a prominent corner lot spanning 21,844 square feet, the building benefits from high visibility and significant foot traffic. The location within the revitalized downtown Alhambra area provides easy access to numerous restaurants, retail establishments, and entertainment venues. This prime location offers a blend of historical charm and modern convenience, making it an ideal space for businesses seeking a thriving and well-established community. The property's multi-tenant configuration provides flexibility for various business needs. The building's history and location within a dynamic commercial district present a compelling opportunity for growth and success. The available space is perfect for businesses seeking a well-located and versatile office space in a vibrant urban setting.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1995
Construction TILT-UP CONCRETE
Total area 10,500 SF
Lot 0.17 ac (7,247 SF)
Zoning code ALRPD*
APN 5337-030-130
UPID US09-8556558

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
  • Travel Agency
  • (Bike/Boat/Book/etc) Store Hardware & Home Improvement
  • Restaurant

Location

401 Main St Alhambra, CA 91801-3920
Alhambra metro Census 480302 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
$3.83M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.84M

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

ALRPD* · Alhambra, CA

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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