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915 S Edith Avenue

Alhambra, CA 91803
  • $1,980,000
  • STATUS: ACTIVE
  • ON SITE: 107 Days
  • ID#: PF23096184
UPDATED: 29 min ago
$1,980,000
  • 7
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

We are delighted to present an exceptional opportunity to acquire a charming 5-unit property located in the highly desirable city of Alhambra. This well-maintained asset, situated on a single lot, R-3 zoning, consists of two buildings that offer a diverse range of living options to prospective residents. The property comprises thoughtfully designed units, including spacious (1) 3-bedroom, 2-bathroom units, (2) 2-bedroom, 1-bathroom units, and (2) 1-bedroom, 1-bathroom units. Two of the units feature the convenience of in-unit laundry facilities, providing tenants with added comfort and ease. The front house of this property boasts an enclosed front yard, creating a private outdoor space for residents to relax and enjoy. The back house, on the other hand, offers a fenced-in small yard and a generous driveway, complemented by a large attached garage. This configuration ensures ample parking space for all residents. Additionally, two of the units feature balconies, allowing occupants to appreciate the surrounding views and enhance their living experience. Each unit is accompanied by a designated parking space for one vehicle, ensuring convenience and accessibility. Moreover, residents can benefit from additional storage available in the carport area, providing a practical solution for their belongings. This asset presents an excellent opportunity for savvy investors or owners seeking to generate additional rental income. Its quality construction, combined with its prime location in Alhambra, offers significant renter appeal. Furthermore, the property holds considerable income We are delighted to present an exceptional opportunity to acquire a charming 5-unit property located in the highly desirable city of Alhambra. This well-maintained asset, situated on a single lot, R-3 zoning, consists of two buildings that offer a diverse range of living options to prospective residents. The property comprises thoughtfully designed units, including spacious (1) 3-bedroom, 2-bathroom units, (2) 2-bedroom, 1-bathroom units, and (2) 1-bedroom, 1-bathroom units. Two of the units feature the convenience of in-unit laundry facilities, providing tenants with added comfort and ease. The front house of this property boasts an enclosed front yard, creating a private outdoor space for residents to relax and enjoy. The back house, on the other hand, offers a fenced-in small yard and a generous driveway, complemented by a large attached garage. This configuration ensures ample parking space for all residents. Additionally, two of the units feature balconies, allowing occupants to appreciate the surrounding views and enhance their living experience. Each unit is accompanied by a designated parking space for one vehicle, ensuring convenience and accessibility. Moreover, residents can benefit from additional storage available in the carport area, providing a practical solution for their belongings. This asset presents an excellent opportunity for savvy investors or owners seeking to generate additional rental income. Its quality construction, combined with its prime location in Alhambra, offers significant renter appeal. Furthermore, the property holds considerable income upside potential, making it an enticing investment prospect. In summary, this charming 5-unit property in Alhambra offers an exceptional opportunity for investors or owners looking for a quality asset with significant potential. With its fantastic location, diverse unit configurations, ample parking, and storage options, it is sure to attract prospective residents. Do not miss out on the chance to capitalize on this remarkable investment opportunity in a thriving rental market.

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San Diego MLS logo 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/140390263
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915 S Edith Avenue Alhambra, CA 91803

  • Price: $1,980,000
  • Status: ACTIVE
  • On Site: 107 Days
  • Updated: 29 min ago
  • ID#: PF23096184
7
Beds
0
Baths
0
½ Baths
0.27
Acres
Neighborhood:
Alhambra (91803)
County:
Los Angeles
Area:
Alhambra (91803)
Property Description
We are delighted to present an exceptional opportunity to acquire a charming 5-unit property located in the highly desirable city of Alhambra. This well-maintained asset, situated on a single lot, R-3 zoning, consists of two buildings that offer a diverse range of living options to prospective residents. The property comprises thoughtfully designed units, including spacious (1) 3-bedroom, 2-bathroom units, (2) 2-bedroom, 1-bathroom units, and (2) 1-bedroom, 1-bathroom units. Two of the units feature the convenience of in-unit laundry facilities, providing tenants with added comfort and ease. The front house of this property boasts an enclosed front yard, creating a private outdoor space for residents to relax and enjoy. The back house, on the other hand, offers a fenced-in small yard and a generous driveway, complemented by a large attached garage. This configuration ensures ample parking space for all residents. Additionally, two of the units feature balconies, allowing occupants to appreciate the surrounding views and enhance their living experience. Each unit is accompanied by a designated parking space for one vehicle, ensuring convenience and accessibility. Moreover, residents can benefit from additional storage available in the carport area, providing a practical solution for their belongings. This asset presents an excellent opportunity for savvy investors or owners seeking to generate additional rental income. Its quality construction, combined with its prime location in Alhambra, offers significant renter appeal. Furthermore, the property holds considerable income We are delighted to present an exceptional opportunity to acquire a charming 5-unit property located in the highly desirable city of Alhambra. This well-maintained asset, situated on a single lot, R-3 zoning, consists of two buildings that offer a diverse range of living options to prospective residents. The property comprises thoughtfully designed units, including spacious (1) 3-bedroom, 2-bathroom units, (2) 2-bedroom, 1-bathroom units, and (2) 1-bedroom, 1-bathroom units. Two of the units feature the convenience of in-unit laundry facilities, providing tenants with added comfort and ease. The front house of this property boasts an enclosed front yard, creating a private outdoor space for residents to relax and enjoy. The back house, on the other hand, offers a fenced-in small yard and a generous driveway, complemented by a large attached garage. This configuration ensures ample parking space for all residents. Additionally, two of the units feature balconies, allowing occupants to appreciate the surrounding views and enhance their living experience. Each unit is accompanied by a designated parking space for one vehicle, ensuring convenience and accessibility. Moreover, residents can benefit from additional storage available in the carport area, providing a practical solution for their belongings. This asset presents an excellent opportunity for savvy investors or owners seeking to generate additional rental income. Its quality construction, combined with its prime location in Alhambra, offers significant renter appeal. Furthermore, the property holds considerable income upside potential, making it an enticing investment prospect. In summary, this charming 5-unit property in Alhambra offers an exceptional opportunity for investors or owners looking for a quality asset with significant potential. With its fantastic location, diverse unit configurations, ample parking, and storage options, it is sure to attract prospective residents. Do not miss out on the chance to capitalize on this remarkable investment opportunity in a thriving rental market.
Exterior Features

Fencing Other/Remarks Pool N/K Site Sidewalks Spa N/K Units With Patios 1

Interior Features

Cooling Central Forced AirWall/WindowN/K Heat Equipment Forced Air Unit Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Cooling 3

Property Features

Actual Cap Rate 4.49 Annual Expense Actual 40000 Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 183.0 Gross Scheduled Income Actual 130152 Home Owners Fees 0.0 Possession Other/Remarks Tenant Pays Cable TvElectricityGas/PropaneOther/Remarks Terms Conventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 3800.0 Unit2 Rent Actual 1620.0 Unit3 Rent Actual 1650.0 Unit4 Rent Actual 1400.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Sang Ur of Redfin Corporation: 213-925-6391. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo 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 © 2023 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