428 N Garfield Ave - Apartments FOR SALE
Alhambra, CA 91801 |
428 N Garfield Ave
Alhambra, CA 91801
HIGHLIGHTS
- One of the Best Location in Alhambra, north Alhambra, adjacent to both San Marino and South Pasadena
- Close to 7% Proforma CAP Rate, Approximately ±65% rental upside potential; NO LOCAL Rent Control (only CA 1482)
- First Time for sale for ±34 years! Most tenants are month to month tenants.
- Prime Value-add 5-unit in an excellent location several blocks from Downtown Alhambra (Garfield & Main)
- The first unit is a large 2bed+1bath+den (±1100 SF - ±1200SF – buyer to verify).
- Excellent unit mix, Large building (±4226SF) averaging about ±845 SF/unit; Ample parking with 8 parking spaces
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY NAME
5-unit north Alhambra, Owner for ±34years
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
4226
STORIES
2
YEAR BUILT
1963
PARKING SPACES
8
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5337-007-005
