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1013 W. Valley Blvd., Alhambra, CA 91803
$4,500,000
1013 W. Valley Blvd., Alhambra, CA 91803View this property at 1013 W. Valley Blvd., Alhambra, CA 91803
1013 W. Valley Blvd.AlhambraCA91803
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Property Description
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.
Full Property Details
Full Property Details for 1013 W Valley Blvd
General
- Price: $4,500,000
- Status: Active
- Type: Retail
- MLS ID: PW24067112
- Updated: 4/4/2024
- Days on Market: 49 days
- Added to Site: 52 day(s) ago
Business
- Business Type: Fast Food
Rooms
Other Rooms
- Laundry: None
Parking
- Uncovered Spaces: 20
- Parking Ratio: 8
Location
- County: Los Angeles
- Driving Directions: On the corner of W. Valley Blvd. and S. Atlantic Blvd.
Structural Information
- # Buildings: 2
- Construction: Brick, Concrete
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 2442
- Square Feet: 2,442
- Retail: 2,442 Sq. Ft.
- Year Built: 1975
- Year Built Source: Assessor
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.393
- Useable Acres: .393
- Lot Size (Sq. Ft.): 17,120
- Lot Dimensions: 17120
- Lot Features: Corner Lot, Level with Street, Rectangular Lot, Level, Near Public Transit, Paved
- Lot Description: Corner Lot, Level with Street, Rectangular Lot, Level, Near Public Transit, Paved
Financial Considerations
- Price Per Sq. Ft.: $1,842
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Investment: Yes
- Property ID: 5350016038
Listed by Ashwill Associates, JustinHugron
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Schools
Schools serving 1013 W Valley Blvd
School District:Alhambra Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
509 W Norwood Pl, Alhambra, CA 91803 | K-8 | 0.4 mi | |
101 S 2nd St, Alhambra, CA 91801 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1013 W Valley Blvd
Date
Details
Price
Change
Source
4/01/2024
Listed
$4,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1013 W Valley Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,744
4%
$585,686
2%
2022
$9,388
1%
$574,203
2%
2021
$9,316
—
$562,945
1%
2020
$9,279
3%
$557,173
2%
2019
$9,042
2%
$546,249
2%
2018
$8,886
1%
$535,539
2%
2017
$8,763
6%
$525,039
2%
2016
$8,289
1%
$514,746
2%
2015
$8,167
1%
$507,015
2%
2014
$8,061
—
$497,084
—
2013
$8,029
—
$494,839
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1013 W Valley Blvd
1013 W. Valley Blvd., Alhambra, CA 91803 (MLS# PW24067112) is a Retail property. 1013 W. Valley Blvd. is currently listed for $4,500,000 and was received on April 01, 2024. Want to learn more about 1013 W. Valley Blvd.? Do you have questions about finding other Retail real estate for sale in Alhambra? You can browse all Alhambra real estate or contact a Coldwell Banker agent to request more information.