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$ 2,500,000
Est. payment | /mo
0.3 Acres Lot
$ 2,500,000
Est. payment | /mo
0.3 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS25114083
HOA Y/N No
Year Built 1960
Lot Size 0.301 Acres
Property Sub-Type Apartment
Property Description
Presenting a rare opportunity to acquire a Spanish garden-style 8-unit multifamily property located in one of Alhambra's most desirable rental submarkets. This charming two-story building features excellent curb appeal and strong rental upside potential. Property Highlights: Unit Mix: (2) Two-bedroom, one-bath units; (6) One-bedroom, one-bath units, 8 gated carport spaces (one per unit) Select units offer private balconies or patios. Ideal for long-term rental income stability and appreciation. Strategically positioned north of Main Street and south of Huntington Drive, the property is close to Downtown Alhambra's shops, dining, and entertainment. The area continues to see strong tenant demand due to its central location and easy access to major freeways and public transit. With consistent income, value-add potential, and a sought-after location, this asset represents a solid addition to any investor's portfolio.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Zoning ALRPD*
Interior
Interior Features Balcony
Fireplace No
Laundry Inside
Exterior
Parking Features Carport
Carport Spaces 8
Pool None
Community Features Urban
Total Parking Spaces 8
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5338027011
Energy Description 200.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by JENNY WU eXp Realty of California Inc 626-840-7958