$12,900,000
For Sale

400 S Alhambra Avenue

Monterey Park, CA 91755
0.87 acres | #WS24246557
Listing OfficeLongo Realty, Inc.
Browse 4 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Calling all Developers, Investors, This Fully Entitled 64 Condominium Development is Ready to Breakground. This project features a semi-subterranean podium + 3 level - 57 unit condo development and 7 townhomes (up to 2,070) sf in the front for a total count of 64 units. This project features a mix of 1,2, and 3 bedrooms. Amenities include 12,600 square feet of open central garden space, in addition to a gym, community room, roof deck with trellis, walking path in the community. There is a total mix of 57 units as market rate, and 7 affordable housing units. This project has been subdivided for sale or for rent.
PRIME LOCATION - within close proximity to Downtown Monterey Park on Garvey and Garfield and Monterey Park Market Place Featuring Costco, Home Depot, In N Out, Starbucks, Guitar Center
LISTED UNDER COMMERCIAL LISTING ID WS24242507

  • Property Details
      • Lot DescriptionThirtySixToFortyUnitsAcre, SlopedDown, LotOver40000Sqft
      • CountyLos Angeles
      • Original List Price$12,900,000
      • Utility SourceSeeRemarks
      • MLS #WS24246557
      • MLS #WS24246557
      • ViewMountains
      • Property TypePurchase
      • Cost12900000
      • Acres0.865
      • Property SubtypeLand

Location

Anthony ElminoufiReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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