$2,275,000
$2,325,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
0.45 Acres Lot
SOLD DATE : 12/10/2018
Key Details
Sold Price $2,275,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P0-818003394
Sold Date 12/10/18
HOA Y/N No
Year Built 1954
Lot Size 0.450 Acres
Property Description
PRICED TO SELL - $175K PRICE REDUCTION! AGGREGATE INVESTMENT PARTNERS of KW Commercial is pleased to present the opportunity to purchase this non-rent control 9 units multifamily apartment complex located at 304-306 S. Chapel Avenue in the city of Alhambra, California. It is a rare opportunity for an investor to own in this highly desirable area of Alhambra. The property consists of five bungalow style single-story apartments with huge upside in rental potential. Building size is +/-5,400 square feet, sitting on a large +/-19,792 square feet lot. Furthermore, the unit mix consists of one 2 Bed + 1.5 Bath, and eight 1 Bed + 1 Bath. There are open parking on the side and back of the property along with garage spaces. The property is conveniently located with close proximity to 99 Ranch Market, LA Fitness, Almansor Park, Main Street movie theater and restaurants, with easy access to the 10 and 710 freeways. The large lot presents development potential for additional units (buyer to verify with City of Alhambra).Please download the OM from MLS or LoopNet for rent roll and details.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Zoning ALRPD*
Interior
Flooring Laminate
Fireplace No
Appliance Range
Exterior
Garage Garage, OneSpace, OnStreet
Garage Spaces 6.0
Garage Description 6.0
Roof Type Shingle
Parking Type Garage, OneSpace, OnStreet
Total Parking Spaces 6
Building
Story 1
Entry Level One
Architectural Style Bungalow
Level or Stories One
Others
Senior Community No
Tax ID 5345014015
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Special Listing Condition Standard
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Bought with YUJIA ZHANG • KW Executive
Real Estate Agent & Loan Officer | License ID: 02076931
+1(949) 226-1789 | realestateaminzarif@gmail.com