$1,540,000
$1,680,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
7,220 Sqft Lot
SOLD DATE : 11/01/2023
Key Details
Sold Price $1,540,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR23117211
Sold Date 11/01/23
Bedrooms 8
HOA Y/N No
Lot Size 7,220 Sqft
Property Description
Attention All Buyers and Investors! We are delighted to present an exceptional opportunity to acquire a charming 4-unit property located in the highly desirable city of Alhambra! First time on the market since 1993. This Unique asset, situated on a single lot, R-3 zoning and features (4) 2 bedrooms and 1.5 baths with shared on-site Laundry room and attached underneath 2-car garage. Pretty good layout for each unit, big open space for living and dining area. 2 bedrooms upstairs. 100% occupied most at below average market rents. All tenants are long term, and each is month-to-month. Inside the property needs some TLC. The property is conveniently located near Alhambra High School, Public Library, neighborhood restaurants, Starbucks, entertainment, shopping including Home Depot, Target, Costco, 99 Ranch Market and is also near public transportation. It's just minutes from the 10 Freeway for convenient access to the 710 and 5 Freeways offering an easy commute to downtown LA and to Pasadena. Kindly do not disturb the tenants and walk on the promise. Dont miss out on the chance to capitalize on this remarkable investment opportunity! Property Video with Drone: https://youtu.be/uAiqGzUFUxM
Attention All Buyers and Investors! We are delighted to present an exceptional opportunity to acquire a charming 4-unit property located in the highly desirable city of Alhambra! First time on the market since 1993. This Unique asset, situated on a single lot, R-3 zoning and features (4) 2 bedrooms and 1.5 baths with shared on-site Laundry room and attached underneath 2-car garage. Pretty good layout for each unit, big open space for living and dining area. 2 bedrooms upstairs. 100% occupied most at below average market rents. All tenants are long term, and each is month-to-month. Inside the property needs some TLC. The property is conveniently located near Alhambra High School, Public Library, neighborhood restaurants, Starbucks, entertainment, shopping including Home Depot, Target, Costco, 99 Ranch Market and is also near public transportation. It's just minutes from the 10 Freeway for convenient access to the 710 and 5 Freeways offering an easy commute to downtown LA and to Pasadena. Kindly do not disturb the tenants and walk on the promise. Dont miss out on the chance to capitalize on this remarkable investment opportunity! Property Video with Drone: https://youtu.be/uAiqGzUFUxM
Location
State CA
County Los Angeles
Area Alhambra (91801)
Zoning Public Rec
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 3 Story
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $1,610
Listing Terms Cash, Conventional, Exchange
Financing Cash
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Bought with Yuqing Wang • Re/Max Premier Prop Arcadia
8322 Clairemont Mesa Blvd Suite 206, Diego, California, 92111, United States