Burke Apartments Multi-Family FOR SALE


Alhambra, CA
$7,250,000 USD
626-391-2149
, Alhambra, CA for Sale
$7,250,000 USD
Multi-Family - FOR SALE
1/43
null | 5% Cap Rate

Burke Apartments
Alhambra, CA


HIGHLIGHTS

  • Recent upgrades, including roof repairs, parking lot resurfacing, and interior renovations.
  • Convenient connectivity to Downtown Los Angeles, Pasadena, and major employment hubs via the I-10 and I-710 freeways.
  • Immediate access to Downtown Alhambra’s retail and dining.

OVERVIEW

The asset benefits from recent upgrades, including roof repairs, parking lot resurfacing, and interior renovations, reducing near-term capital expenditure requirements and enhancing long-term operational efficiency. Located along N 1st Street, the property offers immediate access to Downtown Alhambra’s retail and dining corridor, as well as convenient connectivity to Downtown Los Angeles, Pasadena, and major employment hubs via the I-10 and I-710 freeways. The surrounding area is supported by a diverse employment base, including healthcare institutions, universities, and regional employers, ensuring long-term stability in demand. This opportunity offers investors a rare combination of in-place cash flow, demonstrated operational upside, and long-term rent growth potential in a highly desirable infill Southern California location.

ASK ABOUT THIS PROPERTY

Lisa PimentelInteroMore Info
626-391-2149

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Lisa PimentelInteroMore Info
626-391-2149

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