1111 W Alhambra Rd - Multi-Family FOR SALE


Alhambra, CA 91801
$1,599,500 USD
626-227-5994
1111 W Alhambra Rd, Alhambra, CA for Sale
$1,599,500 USD
Multi-Family - FOR SALE
1/9
null | 6.37% Cap Rate

1111 W Alhambra Rd
Alhambra, CA 91801


HIGHLIGHTS

  • Two units will be offered vacant at COE
  • Unique Unit Mix - Three (3) 2 BR / 1 BATH & One (1) Unit 4 BR / 2 BATH
  • Three (3) Car Garage and 3 Driveway Parking Spaces
  • Convenient access to 10, 210 and 710 freeways
  • Located in North Alhambra - close to Downtown Alhambra and San Marino
  • Extremely enticing cap rate with high rental upside

OVERVIEW

FIRST TIME ON MARKET IN 26 YEARS! IRN Realty is proud to present this beautifully maintained 4-unit multifamily residence in prime North Alhambra. Located two blocks from San Marino, this multifamily asset spans across two (2) buildings, totaling 3,929 square feet on a 8,036 square foot lot. The unit mix consists of three 2 BR / 1 BA units and one 4 BR / 2 BA unit. Some units are equipped with in-unit laundry hookups. Ideal for an owner-occupant or an investor seeking high rental upside for the long term. The property is centrally located with extremely convenient access to the 10, 210 and 710 freeways. Note: Cap Rate and GRM calculations are based off of current expenses and market rent for the two vacant units that will be available at Close of Escrow.

FOR SALE DETAILS

PRICE

$1,599,500 USD

PRICE/SF

$407 USD /SF

# OF UNITS

4

PRICE/UNIT

$399,875

CAP RATE

6.37%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

ALRPD

APN/PARCEL ID

5321-026-034

ASK ABOUT THIS PROPERTY

Filip AueyongIRN RealtyMore Info
626-227-5994

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Filip AueyongIRN RealtyMore Info
626-227-5994

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