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111 S Chapel Avenue

Alhambra, CA 91801
  • $2,595,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: AR21245207
UPDATED: 21 min ago
$2,595,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Listing Agent: Matt Cuong Ly of Coldwell Banker Realty


Description

We are pleased to present an 8 unit apartment listing located in heart of Downtown Alhambra in the midst of a new developments. This 8 Unit consist seven 1 bedroom/1 bathroom & one 2 bedroom/1 bathroom w/ central air. All units have hardwood floors and individual gas water heaters with most of the windows updated. Seller has an existing $1,000,000 loan that can be assumed.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T18:26:39.427. 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/123345023
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111 S Chapel Avenue Alhambra, CA 91801

  • Price: $2,595,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 21 min ago
  • ID#: AR21245207
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1958
Built
Neighborhood:
601 - Alhambra
County:
Los Angeles
Area:
601 - Alhambra
Property Description
We are pleased to present an 8 unit apartment listing located in heart of Downtown Alhambra in the midst of a new developments. This 8 Unit consist seven 1 bedroom/1 bathroom & one 2 bedroom/1 bathroom w/ central air. All units have hardwood floors and individual gas water heaters with most of the windows updated. Seller has an existing $1,000,000 loan that can be assumed.
Exterior Features

Carport Spaces 4 Carport YN Yes Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 9 Open Parking Spaces 1 Parking Total 9 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 2.32 Common Interest None Community Features Urban Electric Expense 450 Fuel Expense 450 Garage YN Yes Gross Income 115800 Gross Scheduled Income 117000 Insurance Expense 3266 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 60188 New Construction YN No New Taxes Expense 32438 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Operating Expense 53339 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 2000 Vacancy Allowance 34474 Vacancy Allowance Rate 3 Water Sewer Expense 2000 Water Source Public Zoning Alcbd/Drd*



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T18:26:39.427. 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: Matt Cuong Ly of Coldwell Banker Realty