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    1605 S Atlantic Boulevard

    Alhambra, CA 91803
    • $3,995,000
    • STATUS: Active
    • ON SITE: 120 days
    • ID#: OC21002757
    $3,995,000
    • 0
      BEDS
    • 0.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,131
      SQFT
    • $652
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    Rare 22,978 sq foot property in the heart of Alhambra. Possibilities are endless. Currently a beautifully maintained 8 unit multi family open gardenproperty. This could be an investor/developers dream come true, so many options here! 5 Buildings spaced throughout the property to create aquiet and peaceful setting with mature fruit trees in the courtyard areas, open spaces, and green landscaping. A mix of units including a studio,1bed/1bath duplexes, and detached homes including a 3bed/1bath SFR with a basement and fenced yard. All units have laundry hookups insideexcept studio and upstairs unit has a laundry room downstairs. Parking on site includes 5 single car garages, a two car garage, a carport, and aparking space. Street parking is located nearby. Buildings range in age, being built between 1946-1954. All tenants are month to month, most havebeen at the property long term. All units are currently rented and this property rarely has vacancies. Situated in a prime location with close freewayaccess, public transportation, restaurants, entertainment, retail shops, parks, and more.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-08T00:33:37.393. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.
    www.sandiegohomesdirect.com/homes/113071603
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    1605 S Atlantic Boulevard Alhambra, CA 91803

    • Price: $3,995,000
    • Status: Active
    • ID#: OC21002757
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.52
    Acres
    6,131
    SQFT
    $652
    $/SQFT
    1947
    Built
    Neighborhood:
    601 - Alhambra
    County:
    Los Angeles
    Area:
    601 - Alhambra
    Property Description
    Rare 22,978 sq foot property in the heart of Alhambra. Possibilities are endless. Currently a beautifully maintained 8 unit multi family open gardenproperty. This could be an investor/developers dream come true, so many options here! 5 Buildings spaced throughout the property to create aquiet and peaceful setting with mature fruit trees in the courtyard areas, open spaces, and green landscaping. A mix of units including a studio,1bed/1bath duplexes, and detached homes including a 3bed/1bath SFR with a basement and fenced yard. All units have laundry hookups insideexcept studio and upstairs unit has a laundry room downstairs. Parking on site includes 5 single car garages, a two car garage, a carport, and aparking space. Street parking is located nearby. Buildings range in age, being built between 1946-1954. All tenants are month to month, most havebeen at the property long term. All units are currently rented and this property rarely has vacancies. Situated in a prime location with close freewayaccess, public transportation, restaurants, entertainment, retail shops, parks, and more.
    Exterior Features

    Carport Spaces 1 Carport YN Yes Lot Features Sprinklers TimerSprinkler System Number Of Separate Electric Meters 7 Open Parking Spaces 1 Parking Features Attached CarportGarage Parking Total 9 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 1 Common Wall

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Storm Drain(S)Sidewalks Electric Expense 400 Fuel Expense 0 Garage YN Yes Gross Income 123132 Gross Scheduled Income 135132 Insurance Expense 2628 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Net Operating Income 123132 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 2 Number Of Units Leased 8 Operating Expense 12000 Possession Close Of Escrow Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 135132 Trash Expense 1000 Water Sewer Expense 1000 Water Source Public Zoning Alrpd*

    Listing provided courtesy of Andrew Homs of Allison James Estates & Homes


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-08T00:33:37.393. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.
     
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    Encinitas CA, 92024