N. Tustin - John Lewis
1/4
Listed By: Longo Realty, Inc., 626-628-4463, ALEX LAI
Local Realty Services Provided By: KW Executive
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$12,900,000
400 S Alhambra Avenue, Monterey Park, CA 91755
.87 ac
$12,900,000

400 S Alhambra Avenue, Monterey Park, CA 91755

Estimation provided by Keller Williams Realty Inc.
.87 ac
Active Under Contract
For Sale

Property 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

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Overview
Property Type
Land
Days on Site
103 Days
Parking
No
Keller Williams N Tustin
Keller Williams N Tustin
01998787

Activity History

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Data provided by Keller Williams Realty, Inc.
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Purchase Price: $12,900,000
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Price & Tax History

Date
Event
Price
12/09/2024
Listed
$12,900,000
(+268.57%)
$14,913,295/ac
03/09/2015
Sold
$3,500,000
$4,046,243/ac
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$55,919
(+4.69%)
$4,043,127
Land 3,003,468 + Additions 1,039,659
2022
$53,413
(+0.46%)
$3,886,130
Land 2,886,841 + Additions 999,289
2021
$53,168
(+3.84%)
$3,886,130
Land 2,886,841 + Additions 999,289
2019
$51,201
(+130,348.1%)
$3,846,283
Land 2,857,240 + Additions 989,043
2017
$39.25
$3,696,929
Land 2,692,443 + Additions 931,999
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Keller Williams N Tustin
Keller Williams N Tustin
01998787

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