500 560&590 W Main Street Alhambra, CA ^$ 13,500,000

500 560&590 W Main Street

^$ 13,500,000

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500 560&590 W Main Street

Alhambra, CA, 91801

^$ 13,500,000

Studio Baths0.0 Sq 20,620

Monthly Estimate*

^$ 94,302

Listed by Chia-Chieh Lin, Broker

500 560&590 W Main Street, Alhambra, CA 91801 - Image 1

500 560&590 W Main Street, Alhambra, CA 91801 - Image 2

500 560&590 W Main Street, Alhambra, CA 91801 - Image 3

500 560&590 W Main Street, Alhambra, CA 91801 - Image 4

500 560&590 W Main Street, Alhambra, CA 91801 - Image 5

500 560&590 W Main Street, Alhambra, CA 91801 - Image 6

500 560&590 W Main Street, Alhambra, CA 91801 - Image 7

500 560&590 W Main Street, Alhambra, CA 91801 - Image 8

500 560&590 W Main Street, Alhambra, CA 91801 - Image 9

500 560&590 W Main Street, Alhambra, CA 91801 - Image 10

Studio

Commercial Property for sale in Alhambra, CA

for $13,500,000. This 20,620 square foot building was built in 2004 on a lot size of 2.1141.

This investment opportunity is for the fee simple interest in Alhambra Regency Plaza, a 20,620-square-foot retail center in a mixed-use development set on 2.11 acre lot with 4-story condominium units above, nestled in the heart of Downtown Alhambra District. Built in 2004, the property has been held by the same ownership since its original development, which gives a testimony to its trophy location and longevity. Alhambra Regency Plaza is anchored by Lunasia Dim Sum House and Cathay Bank that combine to create an excellent tenant synergy and a dynamic cross-shopping experience. Boasting a 100% occupancy with no deferred maintenance, this rare opportunity is truly an investor's low risk, high-reward dream! **Please contact listing agent for detail (flyer, OM, etc)**

Commercial Active

Price

^$ 13,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 85,549

Style

MixedUse

Lot Size

2.1141

Year Built

2004

Town/City

Alhambra

County/Region

Los Angeles

MLS | Web ID

WS23193523

Days on Market

207

Features

General

Appliances Dryer Washer

Zoning ALCPD

Year Built 2004

Property SubType MixedUse

Building Name Alhambra Regency Plaza

Additional Parcels Description 5344011045

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions On Main St between 5th St & 6th St

City Alhambra

View Y/N N

Senior Community Y/N N

MLS Area 601 - Alhambra

Lot Size Square Feet 92090.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 7

Street Name Main

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 85549.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 136

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Tenant

Property Sub Type Additional MixedUse

Exterior

Lot Features CornerLot Garden LotOver40000Sqft Landscaped NearPublicTransit SprinklerSystem

Water Source Public

Total Parking 120.0

Lot Size Area 92090.0

Number of Buildings 1

Spa N

Building Area Total 20620.0

Lot Dimensions 335 X 287

Lot Size Acres 2.1141

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 6

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 500

* Excluded Features

List By

Chia-Chieh Lin, Broker

Broker

(424) 386-9219

Phone

Affordability Calculator

$101,431

Per Month

Monthly Principal & Interest: $94,302
Monthly Property Taxes: $7,129
Monthly Home Insurance: --

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Down Payment

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Alhambra, CA

Average List Price ^$3,228,211

Percent of Sale Price 76%

About Alhambra, CA

85,595 Population

1% Since 2002

^$56,913 Median Income

40.88 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/1/2024	$13,500,000	-3.23%	Price Down
10/19/2023	$13,950,000		Listed Price

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500 560&590 W Main Street, Alhambra, CA, 91801 is a Commercial Property for sale at $13,500,000 with 20,620 sqft and a lot size of 2.1141. 500 560&590 W Main Street is a studio with 0.0 baths and was built in 2004. The property's zip code is 91801 which is in Alhambra, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/10/2024. 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.

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500 560&590 W Main Street

Commercial Property for sale in Alhambra, CA

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