2633 W Valley, Alhambra, CA 91803

$650,000

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List Price
$650,000
Status
ACTIVE
MLS#
AR26107148
Year Built
1924
Lot Size
2,239
Acres
0.05
Lot Location
2-5 Units/Acre
Days on Market
70
Property Type
Commercial
Property Sub Type
Retail

Property Description

2-unit commercial property located on Valley Blvd with both units delivered 100% vacant, presenting an excellent opportunity for an owner-user or investor. The property has undergone extensive renovations with significant interior and exterior upgrades throughout. The building benefits from exceptional exposure with traffic counts exceeding 40,000 cars per day and approximately 25 feet of frontage along Valley Blvd. Conveniently located within walking distance to the major intersection of Valley Blvd and Fremont Ave. Recent improvements include new framing, electrical, plumbing, insulation, drywall, storefront glass doors and windows, interior doors, security exterior doors, water heater, polished concrete flooring, mini-split HVAC systems, lighting, base trim, interior and exterior paint, stucco repairs, and newly poured concrete. Each unit is separately metered for electricity and features its own mini-split HVAC system. Rear parking is accessible through the alley, with potential for approximately 6–8 parking spaces depending on final striping configuration. Excellent opportunity for retail, office, showroom, service business, or other owner-user applications. The property is zoned Commercial Mixed Use (CMU). City allows building up to 2x lot size (4,478 SF). Possible to build a second story up to 40 FT high with 10 FT setback requirement from back of lot to alleyway.

Additional Information

Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Donald La (donald@atlasgrouprealty.com) from Listing Office: EXP REALTY.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.