2306 W Alhambra Road

Alhambra, CA 91801

  • 4 Bed(s)
  • 4 Bath(s)
  • 3,060 Sqft
  • 10966
    Sqft(Lot)
$1,990,000

Description

Four units: capture the chance for a prime investment opportunity with this pair of meticulously renovated art deco spanish duplexes, promising immediate cash flow, low maintenance and long-term appreciation. these meticulously renovated units, nestled in the vibrant heart of northwest alhambra present an unparalleled opportunity for astute investors to acquire a high-performing, low-risk multi-unit asset, without the need for renovations. each of the four units has been thoughtfully updated to blend historic charm with contemporary amenities, ensuring a high-quality living experience. the comprehensive renovation in 2001 encompassed all aspects of the property, including updated kitchens and baths, open floor plans, in-unit laundry, and modernized systems (hvac, plumbing, electrical). the property also features seismic retrofitting for enhanced earthquake safety. three private garages and two locking storage rooms provide additional amenities. on the exterior, fresh paint, completely redone concrete surfaces, including driveways and walkways, enhance curb appeal and reduce future maintenance costs. stable tenant base: all units are fully occupied by long-term, reliable tenants on month-to-month leases, with low market rents, offering flexibility for rent increases to optimize the rental income, in addition to organic growth from market appreciation.



prime location, situated on a corner lot in northwest alhambra, offering easy access to local amenities, schools, and south pasadena's vibrant dining and shopping scene.

this property offers a unique opportunity for investors seeking passive income and significant upside potential. with its blend of historic charm, modern updates, and prime location, it stands out in today’s competitive market. ideal for seasoned investors and first-time buyers looking to house-hack, this low-risk, high-reward asset is poised for appreciation in one of alhambra's most desirable neighborhoods.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Spanish

  • AD ID

    47035408

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Flat,Spanish Tile
    • Interior Features: Tile Counters,All Bedrooms Down,Bedroom on Main Level
    • Fireplace: None
    • Flooring: Carpet,Wood

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Forced Air
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1924
    • Building Area Total: 3,060
    • Construction: Drywall,Stucco,Copper Plumbing
    • Roof: Flat,Spanish Tile

    Foundation

    • Tie Down

    Pool Features

    • None

    Laundry Features

    • Inside

    Fencing

    • Stucco Wall

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2517
    • Lot Size Source: Public Records
    • Lot Size Square Feet: 10966

  • Listing Price Information

    • Original List Price: 1,990,000
    • Listing Contract Date: 2024-09-26

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5339014007

  • Garage and Parking

    • Garage Description: Assigned,Concrete,Driveway,Garage,On Site

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 601 - Alhambra
    • Postal Code Plus 4: 1704
    • Directions: South of Huntington between Fremont and Marengo
    • Zoning: ALRPD*
    • Source Property Type: Residential Income
    • Area: 601 - Alhambra
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 100
    • Common Walls: 1 Common Wall
    • Property Condition: Updated/Remodeled
    • Structure Type: Quadruplex
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: Front
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 12/18/2024 @ 08:04

  • MLS: AR24197902
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 4 bedrooms which is for sale, it has 3,060 sqft, 10,966 sized lot, and 3 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 91801, this Los Angeles County Home are nearby neighborhoods.