Active

500 560&590 W Main Street

Alhambra CA, 91801

$13,500,000


$654.70 per sqft

Active

20,620 sqft

Commercial

Built in 2004

Listed by CHIA-CHIEH LIN with Chia-Chieh Lin, Broker 424-386-9219

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)**

WS23193523

MLS ID

September 20, 2023

Listed

March 28, 2024

Updated

Map

500 560&590 W Main Street
Alhambra CA, 91801

Interior Features

Total Stories

6


Appliances

Dryer, Washer


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

2.11 Acres


Lot Features

Corner Lot, Garden, Lot Over 40000 Sqft, Landscaped, Near Public Transit, Sprinkler System

Other Property Details

Area Name

601 - Alhambra


Taxes

$85,549


Tax Frequency

Annually


Days on Market

136


Garage

No


Parking Total

120


View

No


County

Los Angeles


Water Source

Public


Pool

No


Zoning

ALCPD


Buyer Agency Compensation

1.75%

Listing History

Date

Event

Price

3/2/2024

Price Change

$13,500,000

-4%

Listing Contact: 424-386-9219 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/28/2024 at 3:38 PM UTC

 

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