Sunyoung McDermott - Commercial Real Estate Showcase

Sunyoung McDermott Property Listings
Re/Max 2000 Commercial
2375 Huntington Dr
San Marino, CA 91108-2642
(626) 660-1100

403 S Garfield Avenue

Alhambra, CA 91801 - Alhambra MF Submarket

Property Type:Multi-Family Number of Units:11 Status:Existing Year Built:1925
Stories:- Building Size:31,732 SF Land Area:.71 AC (30,745 SF)
For Sale Price:$3,850,000 Price/Unit:$350,000.00 Cap Rate:- GRM:-


Sale Notes:
Investment opportunity for proposed development, see Brochure for details.

Zoning: Professional Office. Three parcels of 403 S Garfield ave, 400 S 1st Ave and 404 S 1st Ave, the northeast block of Beacon & S Garfield, total $31,732 Sq ft will be sold together. Currently, 403 S Garfield ave is a 9 unit multifamily residence with current income of $11,000/month; 400 S 1st Ave ( $3000/month Projected income, Vacant) single family residence and 404 S 1st ave ( $3000/month) single family residence. The city of Alhambra allows a maximum floor area ration of 0.6 of professional office building development. Schematic design is available upon request.
Northwest block of S Garfield and Beacon St in Alhambra

403 S Garfield: Multifamily 9 units : Income $11,000/month
400 S 1st ave, SFR: $3000 / month
404 S 1st ave, SFR, $3400 / Month (currently vacant, projected income)

Re/Max 2000 Commercial
Sunyoung McDermott
(626) 660-1100

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