500 West Main Street

500 West Main Street

Alhambra, CA 91801

$13,500,000
Price
—
Beds
20,620 Sq. Ft.
$655 / Sq. Ft.
20,620
Sq. Ft.
$655
per Sq. Ft.
a view of a city
a view of city
a street sign on a street corner
a front view of a building with street
a view of a building and a street
a view of a building with a street
a front view of a building
a front view of multi story residential apartment building with yard
a view of tall buildings
a group of people sitting under an umbrella in front of retail shops

Description

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...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)
  1. Listed by CHIA-CHIEH LIN • DRE #01918668 • Brokerage DRE #01918668 • Chia-Chieh Lin, Broker • 424-386-9219

Property Details for 500 West Main Street

Parking Spaces Total
120
Lot Size Source
Assessor
Lot Size Dimensions
335 X 287
Building Area Total
20620
Building Area Units
Square Feet
Stories Total
6
Entry Level
1
Zoning
ALCPD

Location

Listing Courtesy of Chia-Chieh Lin, Broker, CHIA-CHIEH LIN, DRE #01918668
Add your commute
LISTING UPDATED: 03/01/2024 02:17 AM

Property Details for 500 West Main Street

StatusActive
MLS #WS23193523
Days on Market197
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built2004
Lot Size2.11 AC / 92,090 SF
CountyLos Angeles County

Location

Listing Courtesy of Chia-Chieh Lin, Broker, CHIA-CHIEH LIN, DRE #01918668
Add your commute

Building Information for 500 West Main Street

Stories6Residences-Year Built2004Lot Size2.11 AC / 92,090 SF

Payment Calculator

$75,719 per month

30 year fixed, 7.25% Interest

Principal and Interest

$73,675

Property Taxes

$2,044

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 500 West Main Street

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Rate: 1.13
  • Tax Annual Amount: $85,549
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Community, Dryer Included, Washer Included
Land/Lot Info
  • Sign on Property: No
  • Additional Parcels Description: 5344011045
  • Lot Features: Corner Lot, Garden, Landscaped, Lot Over 40000 Sqft, Near Public Transit, Sprinkler System
  • Current Use Comments: Retail/Mixed Use
  • Land Use: Other
  • Land Lease: No
  • Sprinklers: Yes
  • Water Source: Public
Property / Structure Info
  • Building Name: Alhambra Regency Plaza
  • Building Status: Existing
  • Asset Class: Retail
Unit Information
Unit Information
  • Number Of Units Leased: 7
  • Number Of Buildings: 1

Property History for 500 West Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 500 West Main Street

Taxable ValueLand$1,000,815Additions$999,476Total$2,000,291
Tax Record2023$24,533 ($2,044 / month)
Home Facts
Total Finished SqFt5,529 SqFtAbove Grade Finished SqFt5,529 SqFtLot Size92,090 SqFtStyleStoresYear Built2004ZoningALCPD*CountyLOS ANGELESAPN5344-011-043

Schools near 500 West Main Street

This home is within Alhambra Unified School District.
Rating
School
Type
Grades
Distance
William Northrup Elementary School
Public - K to 8
Alhambra High School
Public - 9 to 12
Century High School
Public - 9 to 12
Independence High (Alternative) School
Public - 9 to 12
Rating
School
Distance
William Northrup Elementary School
PublicK to 8

Alhambra High School
Public9 to 12

Century High School
Public9 to 12

Independence High (Alternative) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 500 West Main Street, Alhambra, CA 91801

500 West Main Street is a mixed use property for sale in Alhambra, CA 91801. This property was listed for sale on October 17, 2023 by Chia-Chieh Lin, Broker, it's currently listed at $13,500,000. This listing's school district is Alhambra Unified School District. Nearby schools include William Northrup Elementary School, Alhambra High School and Century High School. 500 West Main Street is a 0-bed, 0-bath, 20,620 sqft mixed use property built in 2004.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Chia-Chieh Lin, Broker, CHIA-CHIEH LIN, DRE #01918668

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.