1013 W. Valley Blvd. Alhambra, CA $ 4,500,000
1013 W. Valley Blvd.
$ 4,500,000
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1013 W. Valley Blvd.

Alhambra, CA, 91803
$ 4,500,000
Baths0.0 Sq 2,442

Monthly Estimate*

$ 31,434

Listed by Ashwill Associates
1013 W. Valley Blvd., Alhambra, CA 91803 - Image 1
1013 W. Valley Blvd., Alhambra, CA 91803 - Image 2
1013 W. Valley Blvd., Alhambra, CA 91803 - Image 3
1013 W. Valley Blvd., Alhambra, CA 91803 - Image 4
1013 W. Valley Blvd., Alhambra, CA 91803 - Image 5
1013 W. Valley Blvd., Alhambra, CA 91803 - Image 6
1013 W. Valley Blvd., Alhambra, CA 91803 - Image 7
1013 W. Valley Blvd., Alhambra, CA 91803 - Image 8
1013 W. Valley Blvd., Alhambra, CA 91803 - Image 9
1013 W. Valley Blvd., Alhambra, CA 91803 - Image 10
Studio

Commercial Property for sale in Alhambra, CA

for $4,500,000. This 2,442 square foot building was built in 1975 on a lot size of 0.393.

Ashwill Associates is pleased to present, for sale, for the first time in nearly 40 years, two separate NNN leased fast food investments, located in Southern California within in Los Angeles County. These freestanding quick serve restaurants are located on the hard signalized corner of W. Valley Blvd. and S. Atlantic Blvd, in Alhambra, each with their own address and APN numbers. The properties offer tremendous 'value add' potential as both tenants are on the final lease options below market rents. These two NNN leased investments offer an attractive opportunity for investors seeking stable income, a prime location, and reputable name-brand national tenants. Both Popeyes and Pizza Hut have been operating out of their respected locations here for more than 30 years and are both on their final lease option. These true NNN leases and their options have rent escalations, and minimal landlord obligations, which will align with the goals of savvy real estate investors looking to build a solid and resilient portfolio in the QSR sector. Both properties have been recently renovated and are conveniently located in the thriving downtown district of Alhambra with high traffic counts, large daytime and full-time population, as well as easy ingress and egress. Don't miss the chance to secure these income-generating assets in a thriving market. For detailed financial information, property specifics, and a comprehensive investment analysis, please contact us for further due diligence.

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Commercial Active

Price

$ 4,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.393

Year Built

1975

Town/City

Alhambra

County/Region

Los Angeles

MLS | Web ID

PW24067112

Days on Market

36

Features
General
Zoning SP-District 3 (SC)
Construction Materials Brick Concrete
Year Built 1975
Property SubType Retail
Business Type FastFood
Additional Parcels Description 5350016037
County Los Angeles
Net Operating Income 172003.32
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 the corner of W. Valley Blvd. and S. Atlantic Blvd.
City Alhambra
View Y/N N
Senior Community Y/N N
Open Parking Spaces 20.0
Total Units 2
MLS Area 601 - Alhambra
Lot Size Square Feet 17120.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Street Name W. Valley Blvd.
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Current Financing None
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 0
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Tenant
Year Built Source Assessor
Property Sub Type Additional Retail
Cap Rate 3.82
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Exterior
Lot Features CornerLot Level NearPublicTransit Paved RectangularLot StreetLevel
Water Source Public
Total Parking 20.0
Lot Size Area 17120.0
Number of Buildings 2
Spa N
Building Area Total 2442.0
Lot Dimensions 17120
Lot Size Acres 0.393
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1013
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* Excluded Features
List By
Ashwill Associates

Broker

(714) 456-0500

Phone

Affordability Calculator

$31,434
Per Month
100%
0%
0%
Monthly Principal & Interest
$31,434
Monthly Property Taxes
--
Monthly 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
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/5/2024$4,500,000 Listed Price

Map


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1013 W. Valley Blvd., Alhambra, CA, 91803 is a Commercial Property for sale at $4,500,000 with 2,442 sqft and a lot size of 0.393. 1013 W. Valley Blvd. is a studio with 0.0 baths and was built in 1975. The property's zip code is 91803 which is in Alhambra, CA