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425 AVENUE ALHAMBRA, EL GRANADA, CA 94018

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$1,100,000

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  • 0 Beds
  • 0.0 Baths
  • 0 Sqft
  • Commercial
  • Active
  • MLS# ML81652633

Property Details for 425 Avenue Alhambra

Currently leased to a successful multi-unit restaurant operator with just under six years remaining on the lease. A great opportunity for a 1031 exchange buyer or passive investor looking for an easy to manage property. Approximately $62,000 a year in gross income. 3% annual rent increases. The property has tremendous ocean and harbor views. Strong food service demand from the millions of visitors as well as an affluent local population makes this restaurant property an excellent investment opportunity. Additional details can be provided by the listing broker. Do not disturb tenant.

Listing courtesy of: Randy Kinghorn, Kinghorn Commercial Properties

INTERESTED IN THIS PROPERTY

PROPERTY DETAILS

  • Property Type: Commercial
  • List Price: $1,100,000
  • Sqft: 
  • Acres: 0
  • Beds: 0
  • Baths: 0.0
  • City: El Granada
  • State: CA
  • Zip: 94018
  • Special Features: : Other
  • Area: : Lower El Granada
  • Acres: : 0.257
  • Additional Listing Info: : Not Applicable / Not Disclosed
  • Age: : 54
  • Parking Spaces: : 15
  • Year Built: : 1963
  • Garage Space: : 0
  • Number of Stories: : 1
  • Zoning: : C-1/S-3/DR/CD
  • Business Type: : Restaurant
  • Cooling: : Central Forced Air
  • Facilities: : Kitchen,Refrigeration,Restroom(s),Signage,Front Sign
  • Foundation: : Concrete Slab
  • Garage Parking Features: : Off-Street Parking
  • Heating: : Central Forced Air
  • Maximum Lot Size: : 11196.00
  • Minimum Lot Size: : 11196.00
  • Parcel Number: : 047-123-330
  • Roof: : Flat/Low Pitch
  • Water: : Public
  • Branded Virtual Tour: 
  • Additional Remarks: 

LISTING HISTORY

  • Previous Price: 1200000
  • Price Change: $100,000
  • Price Change Date: 2017-12-04T11:40:59.060
  • Previous Status: 
  • Status Change Date: 

Mortgage Information


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Monthly insurance: 
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Monthly taxes: 
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Total monthly payment: 
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AREA OVERVIEW


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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Legacy Real Estate & Associates are marked with the MLSListings IDX icon and detailed information about them includes the names of the listing brokers and listing agents.

Copyright 2018 MLSListings Inc. All rights reserved.

Based on information from MLSListings MLS as of 12/15/2017 All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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