$1,540,000
$1,680,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
7,217 Sqft Lot
SOLD DATE : 11/01/2023
Key Details
Sold Price $1,540,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR23117211
Sold Date 11/01/23
HOA Y/N No
Year Built 1988
Lot Size 7,217 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. Don’t 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 601 - Alhambra
Zoning ALRPD*
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 9.0
Garage Description 9.0
Pool None
Community Features Sidewalks
Total Parking Spaces 9
Private Pool No
Building
Story 1
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 5337018010
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Yuqing Wang • Re/Max Premier Prop Arcadia