INVESTMENT HIGHLIGHTS

EXCELLENT LOCATION - Prime area of Downtown Alhambra giving you 50 ft of frontage where most of the activity is concentrated PARKING - Free public parking structure directly behind subject property with direct shortcut from the parking structure through a walkway RE-DEVELOPMENT & POTENTIAL UPSIDE - Reposition this property into a single tenant restaurant or retail space to achieve pro-forma rents. MEDICAL USE - The first floor office is currently a medical office. A medical profession can acquire for their own use. EXECUTIVE SUMMARY

PRICE REDUCTION OF OVER $100K . This property is located in the prime area of downtown Alhambra surrounded by many retailers, and newer mixed use properties. The only medical office allowed on ground level on Main Street. Easy access to freeway 10 and 710. Currently the subject property is divided into 3 units with separate meters. Ample parking on site. Free public parking structure directly behind subject property with direct shortcut from the parking structure through a walkway.

PROPERTY FACTS

Sale Type: Investment or Owner User

Building Size: 3,656 SF

Price: $1,880,000

Tenancy : Multiple

Building FAR: 0.52

Zoning : ALCPD*

Parking: 10 Spaces (2.74 Spaces per 1,000 SF Leased)

Opportunity Zone: No

Property Type: Office

Building Class: C

Price Per SF: $514

Building Height: 2 Stories

Land Acres: 0.16 AC

Property Subtype: Medical

Year Built: 1989

Typical Floor Size: 1,828 SF

WALK SCORE ®

Very Walkable (89)

PROPERTY TAXES

Parcel Number: 5338-034-014

Land Assessment: $634,199

Improvements Assessment: $951,302

Total Assessment: $1,585,501