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Key Details
Sold Price $2,265,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-9073
Sold Date 05/20/22
Bedrooms 4
HOA Y/N No
Lot Size 9,359 Sqft
Property Description
Rare opportunity to own this excellent 7-unit two story apartment building in North Alhambra, south of Alhambra Road and north of Main Street in a quiet residential neighborhood. Built in 1950, this well-maintained building has been under the care of the same family for decades. There are six-1 bedroom/1 bathroom units and one-2 bedroom/1 bathroom unit. All units are meter separately for gas and electric. There are 7 garages and a community laundry on-site. All units are occupied with stable tenants. The current owner has recently put in attractive water-wise landscaping. Super convenient to Costco, Home Depot and Target. Just minutes away from CSULA and downtown LA. This investment provides an investor the opportunity to acquire a well-established rental property in a strong rental market of West San Gabriel Valley. It is in close proximity of the 710, 5 and 10 freeways. Drive by only. Do not disturb tenants. Offers subject to inspection. Detailed property information available upon request.
Rare opportunity to own this excellent 7-unit two story apartment building in North Alhambra, south of Alhambra Road and north of Main Street in a quiet residential neighborhood. Built in 1950, this well-maintained building has been under the care of the same family for decades. There are six-1 bedroom/1 bathroom units and one-2 bedroom/1 bathroom unit. All units are meter separately for gas and electric. There are 7 garages and a community laundry on-site. All units are occupied with stable tenants. The current owner has recently put in attractive water-wise landscaping. Super convenient to Costco, Home Depot and Target. Just minutes away from CSULA and downtown LA. This investment provides an investor the opportunity to acquire a well-established rental property in a strong rental market of West San Gabriel Valley. It is in close proximity of the 710, 5 and 10 freeways. Drive by only. Do not disturb tenants. Offers subject to inspection. Detailed property information available upon request.
Location
State CA
County Los Angeles
Area Alhambra (91801)
Zoning Assessor
Interior
Heating Natural Gas
Cooling Wall/Window
Exterior
Exterior Feature Other/Remarks
Roof Type Composition
Building
Lot Description Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Sewer Sewer Connected
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $1,460
Listing Terms Cash, Conventional
Financing Cash
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Bought with KEN HUYNH • REMAX MY HOME