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    1605 S Atlantic Boulevard

    Alhambra, CA 91803
    • $3,995,000
    • STATUS: ACTIVE
    • ON SITE: 19 days
    • ID#: 302994589
    $3,995,000
    • 4
      BEDS
    • 0.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Rare 22,978 sq foot property in the heart of Alhambra. Possibilities are endless. Currently a beautifully maintained 8 unit multi family open garden property. This could be an investor/developers dream come true, so many options here! 5 Buildings spaced throughout the property to create a quiet and peaceful setting with mature fruit trees in the courtyard areas, open spaces, and green landscaping. A mix of units including a studio, 1bed/1bath duplexes, and detached homes including a 3bed/1bath SFR with a Rare 22,978 sq foot property in the heart of Alhambra. Possibilities are endless. Currently a beautifully maintained 8 unit multi family open garden property. This could be an investor/developers dream come true, so many options here! 5 Buildings spaced throughout the property to create a quiet and peaceful setting with mature fruit trees in the courtyard areas, open spaces, and green landscaping. A mix of units including a studio, 1bed/1bath duplexes, and detached homes including a 3bed/1bath SFR with a basement and fenced yard. All units have laundry hookups inside except studio and upstairs unit has a laundry room downstairs. Parking on site includes 5 single car garages, a two car garage, a carport, and a parking space. Street parking is located nearby. Buildings range in age, being built between 1946-1954. All tenants are month to month, most have been at the property long term. All units are currently rented and this property rarely has vacancies. Situated in a prime location with close freeway access, public transportation, restaurants, entertainment, retail shops, parks, and more.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sandiegoareahomesforsale.co/homes/113074722
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    1605 S Atlantic Boulevard Alhambra, CA 91803

    • Price: $3,995,000
    • Status: ACTIVE
    • ID#: 302994589
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.52
    Acres
    Neighborhood:
    Alhambra (91803)
    County:
    Los Angeles
    Area:
    Alhambra (91803)
    Property Description
    Rare 22,978 sq foot property in the heart of Alhambra. Possibilities are endless. Currently a beautifully maintained 8 unit multi family open garden property. This could be an investor/developers dream come true, so many options here! 5 Buildings spaced throughout the property to create a quiet and peaceful setting with mature fruit trees in the courtyard areas, open spaces, and green landscaping. A mix of units including a studio, 1bed/1bath duplexes, and detached homes including a 3bed/1bath SFR with a Rare 22,978 sq foot property in the heart of Alhambra. Possibilities are endless. Currently a beautifully maintained 8 unit multi family open garden property. This could be an investor/developers dream come true, so many options here! 5 Buildings spaced throughout the property to create a quiet and peaceful setting with mature fruit trees in the courtyard areas, open spaces, and green landscaping. A mix of units including a studio, 1bed/1bath duplexes, and detached homes including a 3bed/1bath SFR with a basement and fenced yard. All units have laundry hookups inside except studio and upstairs unit has a laundry room downstairs. Parking on site includes 5 single car garages, a two car garage, a carport, and a parking space. Street parking is located nearby. Buildings range in age, being built between 1946-1954. All tenants are month to month, most have been at the property long term. All units are currently rented and this property rarely has vacancies. Situated in a prime location with close freeway access, public transportation, restaurants, entertainment, retail shops, parks, and more.
    Exterior Features

    Irrigation AutomaticSprinklers Pool N/K Site Sidewalks

    Interior Features

    Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

    Property Features

    Annual Expense Actual 12000 Buildings 6 Gross Scheduled Income Actual 118800 Home Owners Fees 0.0 Possession Close Of Escrow Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1450.0 Unit2 Rent Actual 1200.0 Unit3 Rent Actual 1150.0 Unit4 Rent Actual 1250.0 Zoning See Remark

    Listing provided courtesy of Allison James Estates & Homes. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Steven G. Fraioli & Associates
    13176 Midbluff Ave
    San Diego CA, 92128