See all 5 photos
$2,100,000
Est. payment /mo
8 Beds
8 Baths
9,003 Sqft Lot
New
716 S Chapel Alhambra, CA 91801
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26161615
Bedrooms 8
Lot Size 9,003 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Appealing investment opportunity in the City of Alhambra, located in a prime location! First time on the market in 30 years. High rental demand desirable 6-Units, all units are two-story of 2 bedrooms and 1.5 bathrooms. The first-floor has a living room, kitchen, and a half bathroom; second floor has two bedrooms and one bathroom. Total living area is 5,394 sqft, lot size is 9,000 sqft, so each unit has 900 sqft. Current rents are $11,740/month. It has 6 carports and 6 outdoor parking spaces, so each unit has 2 parking spaces. On-site laundry room with leased machines, individual electric & gas meters, and individual water heaters. Per sellers info, all units have been changed to double-pane windows, the roof condition is good, and some units have updates. Rents can be increased right after closing escrow. Stable tenants and easy to manage. Just two blocks away to Alhambra Golf Course, and Almansor Park which has Tennis Courts, Soccer Fields, baseball Field, Playground, Gym, etc. It has easy access to Freeways 10 & 710, just 4 miles to Cal State LA University, 6.5 miles to USC Health Sciences Campus, 9 miles to Downtown LA. It is very convenient to supermarkets, banks, schools, various restaurants, sports, entertainment, strip malls, and many more. City of Alhambra is adjacent to Pasadena, South Pasadena, San Marino, San Gabriel, and Monterey Park, these Cities come together as a prosperous region. This property is such a great real estate asset to own! Drive by only please; do not talk to any tenants. Interior inspection only provide to the buyer after his/her offer has
Location
State CA
County Los Angeles
Zoning Public Rec
Direction 716 S Chapel Ave, Alhambra, CA 91801
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5347021014
Acceptable Financing Cash
Listing Terms Cash

Listed by DORESA WANG, DRE#01523172 Pinnacle Real Estate Group
NEARBY SCHOOL & BUSINESS
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