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Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,952 sqft
Price per Sqft $563
MLS Listing ID PW24082190
Sold Date 06/21/24
HOA Y/N No
Year Built 1937
Lot Size 0.270 Acres
Acres 0.27
Property Description
We are pleased to present the 6th Street Apartments, a fourplex in Alhambra, CA. This unique property features cottage-style, single-story, 1-bedroom units and has not been on the market for over 30 years. Priced at $275,000 per unit, each apartment includes individual gas and electric meters, washer and dryer hookups, and garage parking. Situated on a spacious lot of nearly 12,000 sq. ft. and boasting an approximate 6% cap rate on market rents, this property offers a solid investment opportunity in a prime location near Alhambra Golf Course. This property is ideal for investors seeking a well-priced, value-add opportunity in a sought after area.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Zoning ALRPD*
Rooms
Ensuite Laundry Washer Hookup, Gas Dryer Hookup
Interior
Laundry Location Washer Hookup,Gas Dryer Hookup
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description Rectangular Lot
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5347002018
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Ryan Loria • Triqor Group
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