Condominium buy in Alhambra California

233,280 pro-forma NOI offering you 7.7% pro-forma Cap Rate. This property is located in the prime area of Downtown Alhambra giving you 50 ft of frontage where most of the activity is concentrated. You have the one movie theater in Alhambra and the newly developed Alhambra Place Neighborhood Center that features a Sprouts market along with new apartment buildings all a crosswalk away from the subject property. Currently, the subject property is divided into (8) units and can be left as is or repositioned into a single-tenant retail space. What makes this property especially unique on this block is the fact that there is a walkway from the back of the building all the way to the front giving this property additional foot traffic from the alleyway where the parking structure is located. MLS® ID: AR19252861 Listed: 10/27/19 Updated: 10/16/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: None Heating: Forced Air Exterior/Building Features Lot Size: 7,012 ft2 lot Lot Details: 0-1 Unit/Acre Other Property Details Area Name: 601 - Alhambra Garage: No Parking: N View: N County: Los Angeles Water Source: Public Pool: No Total Stories: 1 Zoning: CBD Courtesy of Standard Prosperity, James Kuang, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/16/22. 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.