2428 W Valley Boulevard, Alhambra, CA 91803
Commercial property
For sale now
2428 W Valley Boulevard is on the market at $1,850,000 (6,050 sqft). See the current listing →
Sold June 2022
Listing Agent: Fan Zhang (DRE #02027642) · Listing Office: RE/MAX Universal Realty · Contact: 626-250-9202 · Bought with: Chuqi Liu · RE/MAX Universal Realty · MLS #TR20231403 · Source: CRMLS
How this sale compares
2428 W Valley Boulevard sold for $1,510,000 in June 2022, 0.7% over its $1,500,000 list price, after 452 days on the market. It was first listed at $16,888,000.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
About this commercial property
RARE OPPORTUNITY, Retail/Office Building sits in the prime location in the city of Alhambra. The project is located right next to one of the busiest intersection in Alhambra. CPD Zoning (COMMERCIAL PLANNED DEVELOPMENT) that can accommodate most of the retail business, also with potential for alternation/residential use. The property is currently fully occupied with potential to increase its pro-forma cap rate to 6.5% based on current market rate during COVID. The project offers a great 66' width off valley blvd, with steady growth of population to sustain future demand. Don't miss this opportunity to own this project today.
Listing description from the June 2022 sale, as reported to CRMLS.
Sale history
Questions about 2428 W Valley Boulevard
When did 2428 W Valley Boulevard last sell?
2428 W Valley Boulevard last sold in June 2022 for $1,510,000, according to CRMLS-reported closed sales.
What did 2428 W Valley Boulevard sell for?
$1,510,000, 0.7% above the $1,500,000 list price, after 452 days on the market.
Is 2428 W Valley Boulevard for sale now?
Yes — 2428 W Valley Boulevard is currently on the market at $1,850,000. Open the current listing on Nalren for photos, details and the listing agent.