$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
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 along with a contiguous parcel that is situated on a ±7460' and has a ±2787' office building built in 1961 offering prime potential for redevelopment or repositioning.
Zoned for mixed use use, according to the City, 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.
Both parcels are being marketed and sold together as a single offering. The seller will not consider separating the parcels. Offered strictly as-is, with no contingencies, credits, or price reductions of any kind. Buyer to complete all due diligence during an approximate 30-day marketing period prior to sealed bid deadline and location TBD.
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 along with a contiguous parcel that is situated on a ±7460' and has a ±2787' office building built in 1961 offering prime potential for redevelopment or repositioning.
Zoned for mixed use use, according to the City, 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.
Both parcels are being marketed and sold together as a single offering. The seller will not consider separating the parcels. Offered strictly as-is, with no contingencies, credits, or price reductions of any kind. Buyer to complete all due diligence during an approximate 30-day marketing period prior to sealed bid deadline and location TBD.
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