101 E Alhambra Rd - Apartments FOR SALE
Alhambra, CA 91801 |
101 E Alhambra Rd
Alhambra, CA 91801
HIGHLIGHTS
- Prime Value-add 8-unit in north Alhambra – walk to Downtown Alhambra, First Time for Sale Since 1972, Corner Lot with Superb Curb Appeal
- One of the Best Location in Alhambra, north Alhambra, adjacent to both San Marino and South Pasadena
- NO LOCAL Rent Control (only CA 1482); Offered close to 5% CAP Rate in Class A Location! Cash Flow from Day-1
- Next to brand new townhomes subdivisions; Mid-century modern architecture; Electrical subpanels upgraded, SBA721 Inspection completed and passed
- Excellent unit mix with large 3bed, 2bed, and 1 bed units; Large building size averaging about ±1001 SF/unit; 4 units have private patio/balcony
- Overparked with 16 parking spaces; NEW ROOF, Electrical subpanels upgraded, New Exterior paint, SB721 (balcony) Inspection completed
FOR SALE DETAILS
PRICE
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# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY NAME
8-u north Alhambra, Owner since 1972
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
8015
STORIES
2
YEAR BUILT
1964
PARKING SPACES
16
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
5322-031-006
