Description
A rare opportunity in alhambra, ca! this 8-unit apartment property, on the market for the first time since 1959, offers a prime corner location with parking on both bushnell ave and commonwealth ave. the unit mix includes six 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, with four units to be delivered vacant, presenting immediate market rent potential. this low-maintenance property features separate gas and electric meters for each unit, a master water meter, and 7 garage parking spaces plus 1 open space. on-site washer and dryer units, owned by the landlord and included in the sale, provide additional income opportunities. conveniently located within walking distance of costco wholesale (0.5 miles) and with easy access to the 710 and 10 freeways, this property is perfect for investors seeking a solid, long-term asset with very low vacancy.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48248438
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1951
- Building Area Total: 6,392
Pool Features
- None
Laundry Features
- Laundry Room
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1646
- Lot Size Source: Assessor
- Lot Size Square Feet: 7168
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Listing Information
Listing Price Information
- Original List Price: 2,875,000
- Listing Contract Date: 2025-01-06
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5343006001
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 601 - Alhambra
- Postal Code Plus 4: 1606
- Directions: 1515 W Commonwealth Avenue, Alhambra CA
- Zoning: ALRPD*
- Source Property Type: Residential Income
- Area: 601 - Alhambra
- Property SubType: Apartment
Building and Construction
- Property Age: 74
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: Front
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 01/30/2025 @ 03:17
- MLS: WS25000910
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 6,392 sqft, 7,168 sized lot, and 7 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Alhambra , in zip code 91803, this Los Angeles County Home are nearby neighborhoods.