213 S Atlantic Boulevard

    Alhambra, CA 91801
    • $2,380,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: TR19236811
    UPDATED: 22 min ago
    $2,380,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,548
      SQFT
    • $429
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Incredible opportunity to own a unique apartment in an exclusive Alhambra neighborhood. This highly-functional apartment comes with 16 units. The original layout of 4 units has been partitioned into 16 units for more units to lease out to tenants on a month to month basis. Easy access to the parking lot; all units are fully occupied with paying tenants. The property is ideally located near many Chinese Supermarkets, Restaurants, Medical Centers, as well as a Movie Theater, Cal State L.A, Alhambra High School, a Library, a Shopping Mall, and outdoor lifestyle amenities such as the Alhambra Golf Course, Alhambra Old Town, Parks, and the Nature Reserve. Conveniently located near freeways 10 and 710. Seller is highly motivated, so don't miss this opportunity!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-21T12:34:34.237. 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 | Compass. Licensed in the State of California, USA.
    www.themarellygroup.com/homes/99700436

    213 S Atlantic Boulevard Alhambra, CA 91801

    • Price: $2,380,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: TR19236811
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    5,548
    SQFT
    $429
    $/SQFT
    1924
    Built
    Neighborhood:
    601 - Alhambra
    County:
    Los Angeles
    Area:
    601 - Alhambra
    Property Description
    Incredible opportunity to own a unique apartment in an exclusive Alhambra neighborhood. This highly-functional apartment comes with 16 units. The original layout of 4 units has been partitioned into 16 units for more units to lease out to tenants on a month to month basis. Easy access to the parking lot; all units are fully occupied with paying tenants. The property is ideally located near many Chinese Supermarkets, Restaurants, Medical Centers, as well as a Movie Theater, Cal State L.A, Alhambra High School, a Library, a Shopping Mall, and outdoor lifestyle amenities such as the Alhambra Golf Course, Alhambra Old Town, Parks, and the Nature Reserve. Conveniently located near freeways 10 and 710. Seller is highly motivated, so don't miss this opportunity!
    Exterior Features

    Carport Spaces 6.00 Garage Spaces 4.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 12.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Dryer IncludedWasher Included

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 8.28 Community Features Sidewalks Country Us Electric Expense 3360.00 Elevation Units Feet Fuel Expense 1320.00 Gross Income 223200.00 Gross Scheduled Income 223200.00 Insurance Expense 1850.00 Land Lease YN No Laundry YN Yes Net Operating Income 197200.00 New Construction YN No New Taxes Expense 9500.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 26000.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 26000.00 Trash Expense 1200.00 Water Sewer Expense 2500.00 Water Source Public Year Built Source Public Records Zoning Alrpd*

    Listing provided courtesy of Jing Yang of Century 21 Care


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-21T12:34:34.237. 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 | Compass. Licensed in the State of California, USA.
     
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    Bonsall CA, 92003