320 N Garfield Avenue,Alhambra, CA 91801
Alhambra, CA 91801
Description
Rare Offering - Dual Parcel Investment on North Garfield Avenue, Alhambra, CA 91801 An extraordinary opportunity to acquire two contiguous parcels totaling approximately ±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 approximately ±7497-7,643 square foot parcel and an approximately ±7,460-7,497 square foot adjoining parcel that is improved with an ±2,787 square foot office building, constructed circa 1961 that was previously used as a law firm. The site offers a 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, there will be no termite work or clearance, no repairs, no credits, nor price reductions of any kind. This is a rare infill opportunity with strong long-term growth potential.
Details
| MLS # | CV25102851 |
|---|---|
| Listing Type | For Sale |
| Style | Office Building |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 16 |
| Listing Provided By | BERGE COMPANY | Tom Berge, Jr. |
Features
| SQ Feet | 2,787 |
|---|---|
| Story(s) | 1 |
| Building(s) | 1 |
| Acreage | 0.35 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Market Activity 91801
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Alhambra |
| Zip Code | 91801 |
| Area | 601 Alhambra |
| Listing VS Median (in 91801) | |
Price: $2,100,000 low | high Med: $751,924 SqFt: 2,787 low | high Med: 865 $ / SqFt: $753 low | high Med: $871 On site: 16 low | high Med: 35.500000 | |