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Listed by Carol Bush • Seven Gables Real Estate
$ 1,990,000
Est. payment /mo
Active
2306 W Alhambra Road Alhambra, CA 91801
3,060 SqFt
UPDATED:
11/21/2024 01:41 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,060 sqft
Price per Sqft $650
MLS Listing ID CRAR24197902
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1924
Lot Size 0.252 Acres
Property 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 th
Location
State CA
County Los Angeles
Interior
Heating Forced Air
Cooling Central Air
Flooring Carpet, Wood
Fireplace No
Laundry Inside
Exterior
View Mountain(s), Other
Building
Lot Description Corner Lot, Other, Front Yard
Water Public
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