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Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR24195625
Sold Date 10/23/24
Bedrooms 6
HOA Y/N No
Lot Size 7,928 Sqft
Property Description
Located in the heart of Alhambra, this exceptional 5-unit property presents an ideal investment with great potential for appreciation. 4 of the 5 units are leased, ensuring immediate cash flow for the new owner. The 5th unit available to be leased out in a 2 bedroom / 2bathroom. Situated in a highly convenient location, tenants enjoy close proximity to shopping, dining, entertainment, and major transportation routes, making it a highly desirable area for renters. Whether youre a seasoned investor or looking to expand your portfolio, this property offers both stability and long-term growth potential with long-time established tenants. Dont miss out on this rare opportunity in one of Alhambras most sought-after locations!
Located in the heart of Alhambra, this exceptional 5-unit property presents an ideal investment with great potential for appreciation. 4 of the 5 units are leased, ensuring immediate cash flow for the new owner. The 5th unit available to be leased out in a 2 bedroom / 2bathroom. Situated in a highly convenient location, tenants enjoy close proximity to shopping, dining, entertainment, and major transportation routes, making it a highly desirable area for renters. Whether youre a seasoned investor or looking to expand your portfolio, this property offers both stability and long-term growth potential with long-time established tenants. Dont miss out on this rare opportunity in one of Alhambras most sought-after locations!
Location
State CA
County Los Angeles
Area Alhambra (91801)
Zoning Assessor
Exterior
Parking Features Unit1:Assigned
Building
Lot Description Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Monthly Total Fees $176
Acceptable Financing Cash
Space Rent $992
Listing Terms Cash
Financing Cash
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Bought with Yuqing Wang • Re/Max Premier Prop Arcadia