20 W Grand Ave - Apartments FOR SALE


Alhambra, CA 91801
$2,400,000 USD
909-786-4300
20 W Grand Ave, Alhambra, CA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

20 W Grand Ave
Alhambra, CA 91801


HIGHLIGHTS

  • Eight-unit multifamily property with 100% occupancy, ensuring immediate income stability.
  • Recent capital improvements include a new roof, exterior paint, and resurfaced asphalt.
  • Situated on an 8,501-square-foot lot in a highly accessible Alhambra neighborhood.
  • Close to major cultural attractions, shopping, and dining, including Edwards Alhambra Renaissance and Gen Korean BBQ House.
  • Convenient access to I-10 and I-710, providing connectivity to Pasadena and Downtown Los Angeles.
  • Located in a strong rental market with a history of consistent occupancy.

OVERVIEW

Introducing an exceptional investment opportunity at 20 W Grand Ave, Alhambra, CA 91801. This 4,916 SF, 8-unit property, built in 1950, offers a prime location and a 100% occupancy rate. Recent upgrades include a new roof, new asphalt, and new exterior paint. It presents a lucrative prospect for the discerning Multifamily/Low-Rise/Garden investor. With its solid rental history, this property promises a compelling return on investment. Don't miss your chance to capitalize on this high-performing asset in the sought-after Alhambra area.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$284 USD /SF

# OF UNITS

8

PRICE/UNIT

$300,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,899 SF

ZONING

ALRPD*

APN/PARCEL ID

5337-008-028

ASK ABOUT THIS PROPERTY

Tony GuglielmoAllied Commercial Real EstateMore Info
909-786-4300

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

Tony GuglielmoAllied Commercial Real EstateMore Info
909-786-4300

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