$2,100,000
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9,361 Sqft Lot
SOLD DATE : 05/20/2022
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-9073
Sold Date 05/20/22
HOA Y/N No
Year Built 1950
Lot Size 9,361 Sqft
Property Sub-Type Apartment
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.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range, Refrigerator
Laundry Common Area
Exterior
Parking Features Garage
Garage Spaces 7.0
Garage Description 7.0
Fence None
Pool None
Community Features Sidewalks
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 7
Private Pool No
Building
Lot Description Sprinklers None
Faces West
Story 2
Entry Level Two
Sewer Sewer Tap Paid
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 5339014001
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Financing Cash
Special Listing Condition Standard
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Bought with KEN HUYNH REMAX MY HOME