CA > Alhambra
Alhambra, CA 91801,101 E Alhambra Road
Alhambra, CA 91801,101 E Alhambra Road
Alhambra, CA 91801,101 E Alhambra Road
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Listed by Han Chen • Growth Investment Group Pasade
$2,800,000
Est. payment /mo
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8,015 SqFt
New

101 E Alhambra Road Alhambra, CA 91801

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Max Manatt

Max Manatt

Keller Williams Realty

+1(925) 980-3375

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,015 sqft

Price per Sqft $349

MLS Listing ID CRAR25134597

HOA Y/N No

Year Built 1964

Lot Size 9,603 Sqft

Property Sub-Type Other

Source Datashare California Regional

Property Description

Prime Value-add 8-unit in north Alhambra – walk to Downtown Alhambra, First Time for Sale Since 1972, Corner Lot with Superb Curb Appeal, Excellent unit Mix and Cash Flow. A pride-of-ownership well-maintained 8-unit value add deal located in north Alhambra and just steps away from downtown Alhambra on Garfield Ave & Main St. This is the first time this property is being offered for sale since 1972! It is situated on a corner lot and adjacent to both San Marino and South Pasadena; yet it provides convenience to tenants due to its strategic location just within minutes to many area amenities like shopping (Costco, Target), Alhambra Park, schools, churches, downtown Alhambra on Main Street, and easy access to FWY 10 and FWY 110 via Fremont Ave. This property offers investors an opportunity to buy a pride-of-ownership apartment that is very easy to manage and rent in the best location of Alhambra. It is located next to several new townhouses subdivisions providing a home-ownership atmosphere for the property. All tenants are on month-to-month rental agreement providing immediate upside on rent increases. The area does not have any local rent control (under California AB1482 rent control). The property is offered at a very attractive CAP Rate of close to 5%! The property is a two-st

Location

State CA

County Los Angeles

Interior

Heating Radiant

Cooling Wall/Window Unit(s)

Flooring Vinyl, Wood

Fireplace No

Laundry Common Area, Other

Exterior

View None

Building

Lot Description Corner Lot, Level, Other

Bay East AOR and Contra Costa AOR
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Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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