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1015 S Marguerita Avenue , #4

Alhambra, CA 91803
  • $1,859,000
  • STATUS: Pending
  • ON SITE: 14 Days
  • ID#: MB21247952
Pending
UPDATED: 37 min ago
$1,859,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1966
County:

School Ratings & Info

Listing Agent: Michael Choi of George Michael Realty


Description

It is our pleasure to present South Marguerita Avenue Apartments, a true investment that's been owned and operated for decades. This beautifully maintained multi-family asset provides an excellent mix of units. This four-unit investment property is located in the prime area of Alhambra, in a highly desirable neighborhood where there is tremendous rental potential! Tenants enjoy the ease and comfort of being conveniently located to many shopping centers, restaurants, universities, and public transportations with access to freeways and Downtowm Los Angeles. The property is well-maintained with many updates and upgrades in recent years, including new flooring, exterior paint, and major renovation to install copper piping in the entire building in 2020. All units are occupied. Laundry room on-site, private parking for all units, and additional street parking. Don't miss out on this excellent opportunity for investment! It wont last long!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T17:27:24.207. 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 The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123434809
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1015 S Marguerita Avenue , #4 Alhambra, CA 91803

  • Price: $1,859,000
  • Status: Pending
  • On Site: 14 Days
  • Updated: 37 min ago
  • ID#: MB21247952
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1966
Built
Neighborhood:
601 - Alhambra
County:
Los Angeles
Area:
601 - Alhambra
Property Description
It is our pleasure to present South Marguerita Avenue Apartments, a true investment that's been owned and operated for decades. This beautifully maintained multi-family asset provides an excellent mix of units. This four-unit investment property is located in the prime area of Alhambra, in a highly desirable neighborhood where there is tremendous rental potential! Tenants enjoy the ease and comfort of being conveniently located to many shopping centers, restaurants, universities, and public transportations with access to freeways and Downtowm Los Angeles. The property is well-maintained with many updates and upgrades in recent years, including new flooring, exterior paint, and major renovation to install copper piping in the entire building in 2020. All units are occupied. Laundry room on-site, private parking for all units, and additional street parking. Don't miss out on this excellent opportunity for investment! It wont last long!
Exterior Features

Lot Features 2-5 Units/AcreFront Yard Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No

Interior Features

Appliances Gas Oven Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street Lights Contingency Do Not Disturb Tenants. Drive By Only. Offer Subject To interior inspection. Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 7000 Gross Scheduled Income 84000 Insurance Expense 1498 Land Lease YN No Laundry Features Common AreaWasher HookupOutside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 73189 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 10811 Pest Control Expense 633 Possession Close Plus 1 Day Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1100 Utilities Electricity ConnectedNatural Gas ConnectedPhone Connected Water Sewer Expense 1100 Water Source Public Zoning Alrpd*



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T17:27:24.207. 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 The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: Michael Choi of George Michael Realty