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$ 2,100,000
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0.35 Acres Lot
$ 2,100,000
Est. payment | /mo
0.35 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25102851
HOA Y/N No
Year Built 1961
Lot Size 0.347 Acres
Lot Dimensions Public Records
Property Sub-Type Office
Property Description
Rare Offering – Dual Parcel Investment on North Garfield Avenue, Alhambra, CA 91801
An extraordinary opportunity to acquire two contiguous parcels totaling ±14,994-15,103 square feet in a prominent Alhambra corridor just north of Main Street and south of Grand Avenue. Located at 320 N Garfield Avenue (APNs 5337-008-004 and 5337-008-005), this offering includes one ±7497-7,643 square foot parcel and a contiguous ±7,460-7,497 square foot parcel improved with a ±2,787 square foot office building, constructed circa 1961 and previously used as a law firm. The site offers prime potential for repositioning or redevelopment.
This high-visibility location benefits from excellent street frontage, strong vehicular traffic, and immediate access to the heart of Alhambra's commercial district. The generous lot size and configuration may support a variety of uses or entitlement scenarios, subject to local review and planning requirements. There may be the potential eligibility for a density bonus under applicable California and City of Alhambra land use provisions. All interested parties are solely responsible for conducting their own due diligence and must satisfy themselves regarding all aspects of the property, including but not limited to condition, zoning, land use, and development potential.
Both parcels are being marketed and sold together as a single offering. The seller will not consider separating the parcels. They are offered strictly as-is, cash only, no contingencies, no repairs, no credits, nor price reductions of any kind. Buyers must complete all due diligence during an approximate 30-day marketing period.
This is a rare infill opportunity with strong long-term growth potential.
An extraordinary opportunity to acquire two contiguous parcels totaling ±14,994-15,103 square feet in a prominent Alhambra corridor just north of Main Street and south of Grand Avenue. Located at 320 N Garfield Avenue (APNs 5337-008-004 and 5337-008-005), this offering includes one ±7497-7,643 square foot parcel and a contiguous ±7,460-7,497 square foot parcel improved with a ±2,787 square foot office building, constructed circa 1961 and previously used as a law firm. The site offers prime potential for repositioning or redevelopment.
This high-visibility location benefits from excellent street frontage, strong vehicular traffic, and immediate access to the heart of Alhambra's commercial district. The generous lot size and configuration may support a variety of uses or entitlement scenarios, subject to local review and planning requirements. There may be the potential eligibility for a density bonus under applicable California and City of Alhambra land use provisions. All interested parties are solely responsible for conducting their own due diligence and must satisfy themselves regarding all aspects of the property, including but not limited to condition, zoning, land use, and development potential.
Both parcels are being marketed and sold together as a single offering. The seller will not consider separating the parcels. They are offered strictly as-is, cash only, no contingencies, no repairs, no credits, nor price reductions of any kind. Buyers must complete all due diligence during an approximate 30-day marketing period.
This is a rare infill opportunity with strong long-term growth potential.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Building
Story 1
Water Public
Others
Tax ID 5337008005
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard, Trust
Listed by Tom Berge, Jr. • BERGE COMPANY • tombergejr@gmail.com