$2,100,000
Est. payment /mo
0.35 Acres Lot
New
320 N Garfield AVE Alhambra, CA 91801
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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 ±15,193 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 property features a vacant ±7643' square foot parcel along with a contiguous parcel that is situated on a ±7460' parcel and has a ±2787' office building that was built in 1961 offering prime potential for redevelopment or repositioning.
This high-visibility site benefits from excellent street frontage, strong vehicular traffic, and immediate access to the heart of the city's commercial district. The generous lot size and configuration may accommodate a variety of uses or entitlement scenarios, subject to local review and planning requirements. Preliminary investigations suggest the potential for a density bonus under applicable California land use provisions. Any and all interested parties must satisfy themselves with regard to all property details and questions regarding development or uses.
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, with no contingencies, credits, or price reductions of any kind. Buyer must complete all due diligence during an approximate 30-day marketing period prior to submitting a sealed bid with a deadline and location TBD in approximately 30 ±days.
This is a rare infill opportunity in a tightly held area with strong fundamentals and long-term growth potential. Please do not access the premises without prior authorization.
An extraordinary opportunity to acquire two contiguous parcels totaling ±15,193 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 property features a vacant ±7643' square foot parcel along with a contiguous parcel that is situated on a ±7460' parcel and has a ±2787' office building that was built in 1961 offering prime potential for redevelopment or repositioning.
This high-visibility site benefits from excellent street frontage, strong vehicular traffic, and immediate access to the heart of the city's commercial district. The generous lot size and configuration may accommodate a variety of uses or entitlement scenarios, subject to local review and planning requirements. Preliminary investigations suggest the potential for a density bonus under applicable California land use provisions. Any and all interested parties must satisfy themselves with regard to all property details and questions regarding development or uses.
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, with no contingencies, credits, or price reductions of any kind. Buyer must complete all due diligence during an approximate 30-day marketing period prior to submitting a sealed bid with a deadline and location TBD in approximately 30 ±days.
This is a rare infill opportunity in a tightly held area with strong fundamentals and long-term growth potential. Please do not access the premises without prior authorization.
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 5337008004
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard, Trust
Listed by Tom Berge, Jr. • BERGE COMPANY • tombergejr@gmail.com
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