109 N Marguerita Ave - Apartments FOR SALE


Alhambra, CA 91801
$1,688,000 USD
626-264-4444
109 N Marguerita Ave, Alhambra, CA for Sale
$1,688,000 USD
Apartments - FOR SALE
1/6
null | 5.75% Cap Rate

109 N Marguerita Ave
Alhambra, CA 91801


HIGHLIGHTS

  • Central Alhambra Location
  • Fully Occupied
  • Healthy Upsides in Rental Income

OVERVIEW

Berkshire Hathaway HomeServices Golden Properties is proud to present a rare opportunity to acquire a 6-unit multifamily property located in the heart of Alhambra. Situated just north of Main Street, this well-positioned asset offers stability and long-term growth potential in one of San Gabriel Valley’s most desirable rental markets. The property consists of two buildings with a total of six well-maintained 1 bed/1 bath units, one of which is newly renovated. Gross Scheduled Rent totals $137,520. Each unit enjoys its own one-car garage and one additional driveway space. The building does not have gas, and each unit is separately metered for electric. There is a laundry unit in the rear building and a courtyard space between the two buildings. Lastly, the rear 3 units and their corresponding garages have alley access. With its central location, residents enjoy easy access to Downtown Alhambra’s vibrant dining, retail, and entertainment options, as well as close proximity to schools, parks, and major freeways (I-10, 710, and 210), ensuring convenient commutes throughout the Greater Los Angeles area. This property presents an exceptional opportunity for investors seeking steady income, long-term appreciation, and a foothold in a strong rental market.

FOR SALE DETAILS

PRICE

$1,688,000 USD

PRICE/SF

$530 USD /SF

# OF UNITS

6

PRICE/UNIT

$281,333

CAP RATE

5.75%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

109 - 111 N. Marguerita Ave, Alhambra

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,075 SF

ZONING

RH

APN/PARCEL ID

5338-011-003

ASK ABOUT THIS PROPERTY

Shant DimijianBerkshire Hathaway Home Services Golden PropertiesMore Info
626-264-4444

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Shant DimijianBerkshire Hathaway Home Services Golden PropertiesMore Info
626-264-4444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.