2121 El Paseo - Apartments FOR SALE


Alhambra, CA 91803
$3,280,000 USD
626-408-0888
2121 El Paseo, Alhambra, CA for Sale
$3,280,000 USD
Apartments - FOR SALE
1/15
null | 3.95% Cap Rate

2121 El Paseo
Alhambra, CA 91803


OVERVIEW

Rare find with high income potential, a unique opportunity to acquire the 8 unit apartment building located in Alhambra, CA. 2121 El Paseo is close to key amenities including shopping, restaurants and coveted beaches, this building will attract high-income tenants looking for a vibrant downtown lifestyle. At present, this property, fully leased to tenants all current with their leases, is in a unique position because of its outstanding location, its potential for increased income, to be a significant & unique addition to one’s real estate investment portfolio and/or a great 1031 Exchange.

FOR SALE DETAILS

PRICE

$3,280,000 USD

PRICE/SF

$444 USD /SF

# OF UNITS

8

PRICE/UNIT

$410,000

CAP RATE

3.95%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,718 SF

ZONING

RPD, Alhambra

APN/PARCEL ID

5352-025-024

ASK ABOUT THIS PROPERTY

Qing HuangBoulder Goup, Inc.More Info
626-408-0888

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Qing HuangBoulder Goup, Inc.More Info
626-408-0888

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