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Alhambra, CA 91801 500 560&590 W Main Street

$13,500,000

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Presented By: CHIA-CHIEH LIN with Chia-Chieh Lin, Broker; 424-386-9219
  • MLS# WS23193523
  • 10/17/2023
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  • FootageSQFT • 20,620

Home Details

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)**
Presented By: CHIA-CHIEH LIN with Chia-Chieh Lin, Broker; 424-386-9219

Interior Features for 500 560&590 W Main Street

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixStreet
Total Stories6

Other Rooms

Entry Level1

General for 500 560&590 W Main Street

Additional Parcels Description5344011045
Additional Parcels Y/NYes
AppliancesDryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Building NameAlhambra Regency Plaza
Carport Y/NNo
CityAlhambra
CountyLos Angeles
Days on Market136
DirectionsOn Main St, between 5th St & 6th St
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet92090.0
MLS Area601 - Alhambra
MobileHomeRemainsYNNo
New ConstructionNo
Number of Units Leased7
Occupancy TypeTenant
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameMain
Tax Annual Amount85549.0
View Y/NNo
Waterfront Y/NNo
Year Built2004
ZoningALCPD

Exterior for 500 560&590 W Main Street

Building Area Total20620.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions335 X 287
Lot FeaturesCornerLot, Garden, LotOver40000Sqft, Landscaped, NearPublicTransit, SprinklerSystem
Lot Size Acres2.1141
Lot Size Area92090.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
LotDimensionsSourceAssessor
Number of Buildings1
Open Parking Y/NNo
SpaNo
Total Parking120.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $13,500,000
MLS#WS23193523
List Date 10/17/2023
Property Type Commercial
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors