500 Atlantic Blvd, Alhambra, CA 91801

3.87 Acres of Residential Land in Alhambra, CA 91801

Sale Condition
Deferred Maintenance
Property Type
Land
Square Feet
168,577 SF

Listing Contacts

Jim Abbott
Jim Abbott

Property Overview

Incredible Location in the West most San Gabriel Valley at the intersection of Atlantic Blvd and Mission Road
The two sites total 3.868 Acres or 168,476 SF of land made up of a total of 7 parcels. The Dealership Portion (400 South Atlantic Blvd.) and the Mission Corner (500 South (title labels it North) Atlantic Blvd) are separated by Beacon Street.
Dealership Portion (400 S Atlantic Blvd - 5 parcels): +2.97 Acres or 129,486 Square Feet
Mission Corner (500 South (title labels it North) Atlantic Blvd - 2 parcels): +0.895 Acres or 38,990 Square Feet
Zoning: Commercial Mixed-Use (CMU). The CMU Zone is intended to provide areas for a broad range of retail and service commercial activities, as well as office and residential uses that support retail and commercial uses. This Zone provides for developments that include a mix of residential and/or office and commercial development or single use commercial or retail development. The CMU Zone implements the General Commercial General Plan land use designation (Please refer to the City’s zoning link below).
Maximum Residential Density up to 48 Units per Acre (with bonuses)
Auto Dealerships are Permitted by Right. The property is located 0.33 miles south of Main Street’s Auto Row, which starts at the intersection of South Atlantic Boulevard & West Main Street. Auto Row is home to several dealerships - Acura, BMW, Jeep, Honda, Kia, Mazda, Nissan, Tesla, and Toyota. Mazda recently (2023 / 24) joined Auto Row. Within 12 months’ time the City approved a temporary Mazda dealership operation, and the construction of a new dealership facility.
Zoning Code Link: https://codelibrary.amlegal.com/codes/alhambra/latest/alhambra_ca/0-0-136031#JD_Chapter23.05
Video Link: https://vimeo.com/flyingrobotproductions/400-s-atlantic
Alhambra’s Population is 80,000+
4 Fire Stations
85 Sworn Police Officers
Frontage
650' on South Atlantic Blvd (with 3 curb cuts)
140' on West Mission Road (with 1 curb cut)
430' on West Beacon Street (with 3 curb cuts)
Fantastic Opportunity to Purchase a Total of 3.868 Acres with roughly 650 feet of South Atlantic Boulevard Frontage
On the Market for Sale and Lease with Adjacent Property 500 South Atlantic Blvd, which Totals 0.895 Acres (title labels it North Atlantic)
Fantastic Residential Mixed Use Development Opportunity
Car Dealership Currently Permitted by Right
Private Ownership for Decades and First Time on the Market
Once in a Generation Opportunity for Sale or Lease

Property Details

Property Subtype
Residential/Multifamily

Highlights

  • Fantastic Opportunity to Purchase a Total of 3.868 Acres with 650'+ of Atlantic Boulevard Frontage
  • On the Market for Sale and Lease with Property 500 South Atlantic Blvd, Totals 0.895 Acres
  • Fantastic Residential Mixed Use Development Opportunity
  • Car Dealership Currently Permitted By Right
  • Private Ownership for Decades and First Time on the Market
  • Once in a Generation Opportunity for Sale or Lease

All available spaces

Space
Lot 1
Size
168,577 SF

FAQ

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