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Executive Summary

**100% Leased Investment Opportunity: 1635-1645 W Valley Blvd, Alhambra, CA 91803-2325**
Nestled in the heart of Alhambra's bustling downtown district, this remarkable property at 1635-1645 W Valley Blvd presents an unparalleled opportunity for both investors and owner-users. Spanning a generous 15,600 square feet on a sprawling 27,173 square foot lot, this versatile building offers the perfect blend of current income generation and potential for diversified use.
**Key Highlights:**
- **Strategic Location**: Situated in Alhambra's thriving downtown area, the property boasts high traffic counts and a dense daytime and full-time population, ensuring visibility and accessibility for any business.
- **Dual Opportunity**: Half of the building is currently leased to the reputable Kaiser Permanente ABC Therapy Center, providing stable income from day one. The remaining half is an ideal blank canvas for owner-users, offering flexibility for medical use, retail, or other business ventures.
- **Versatile Space for Various Uses**: With 15,600 sf of adaptable space, envision a multitude of possibilities from medical facilities to retail operations, all benefiting from the building's prime location and significant foot traffic.
- **Ease of Access**: Enjoy the convenience of easy ingress and egress, making it simple for customers and clients to reach you, and enhancing the appeal of the location for a variety of business models.
This property represents a unique chance to invest in or establish your business in one of Alhambra's most desirable locations. With its combination of reliable income through existing tenancy and potential for personalization and growth, 1635-1645 W Valley Blvd stands out as a wise choice for savvy investors and ambitious business owners alike.
Don't miss this exceptional opportunity to claim a stake in Alhambra's dynamic marketplace. For further details, financials, and to explore the possibilities this property holds for you, please reach out for more information. Your future in one of the city's prime locations awaits.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,600 SF
Building Class
C
Year Built
1966
Price
$6,975,984 CAD
Price Per SF
$447.18 CAD
Cap Rate
5.43%
NOI
$379,142 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
0.62 AC
Zoning
CPD, Alhambra - Commercial planned district
Parking
29 Spaces (2.07 Spaces per 1,000 SF Leased)
Frontage
160’ on Valley Blvd

Amenities

  • Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100

Nearby Major Retailers

Yoshinoya
Johnny Rockets
Starbucks
LA Fitness
Credit Union of Southern California
U.S. Bank
IHOP
Ono Hawaiian BBQ
Albertsons
Rainforest Cafe

Property Taxes

Property Taxes

Parcel Number
5350-030-027
Land Assessment
$3,762,546 CAD
Improvements Assessment
$1,422,809 CAD
Total Assessment
$5,185,355 CAD
  • Listing ID: 31284664

  • Date on Market: 2024-03-20

  • Last Updated:

  • Address: 1635-1645 W Valley Blvd, Alhambra, CA 91803

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