MLS® ID: ML81753267
425 Avenue Alhambra
EL GRANADA, California, 94018 $1,200,000
Currently leased to a successful multi-unit restaurant operator with four years remaining on the lease. A great opportunity for a 1031 exchange buyer or passive investor looking for an easy to manage property. Approximately $65,922 a year in gross income. 3% annual rent increases. The property has tremendous ocean and harbor views. Strong food service demand from the millions of visitors as well as an affluent local population makes this restaurant property an excellent investment opportunity. Additional details can be provided by the listing broker. Do not disturb tenant.