$1,162,500
$1,275,000
8.8%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/24/2016
Key Details
Sold Price $1,162,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW16093169
Sold Date 08/24/16
Construction Status Turnkey
HOA Y/N No
Year Built 1929
Property Description
This is an excellent opportunity to acquire a 4 unit apartment Spanish Style Building that boasts Pride of Ownership.
Located in the prime area of Alhambra and adjacent to South Pasadena, walking distance to Park elementary school, Parks, shopping, public transportation, 20 minutes to Downtown Los Angeles, 40 minutes to the beaches. USC Medical School within short distance.
- All the 4 units have identical floor plans with lots of windows, large living rooms, formal dining rooms, large bedrooms, spacious kitchens, counters are granite and ceramic tiles. laundry hookups in each unit (excellent feature), hardwood floors, ceramic tiles/linoleum,air conditioners, Central heating systems for each unit, detached garages with automatic garage doors.
This investment is a rare opportunity within a residential setting offered as a long-term investment to a savvy investor that wishes to increase their holdings in an established, high-demand community servicing the greater Los Angeles area with an property in excellent condition. All units are rented and all tenants are willing to stay.
-DO NOT DISTURB TENANTS, DRIVE BY ONLY, APPOINTMENT ONLY. Buyer to cooperate with seller's 1031 exchange.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Interior
Interior Features Granite Counters, Multiple Staircases, Storage
Heating Baseboard, Central
Cooling Heat Pump
Flooring Vinyl, Wood
Fireplace No
Appliance Gas Cooktop
Laundry Common Area, Gas Dryer Hookup, Laundry Room
Exterior
Garage Assigned, Covered, Detached Carport, Driveway, Garage Faces Rear, Uncovered
Garage Spaces 4.0
Garage Description 4.0
Fence Brick, Wood
Pool None
Community Features Storm Drain(s), Street Lights, Park
Utilities Available Electricity Available, Natural Gas Available, Sewer Available
Accessibility Accessible Doors
Total Parking Spaces 4
Private Pool No
Building
Lot Description Near Park, Sprinklers On Side
Faces West
Story 2
Entry Level Two
Foundation Concrete Perimeter
Water Public
Architectural Style Spanish
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 5338006021
Security Features Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, FHA, Submit, VA Loan
Listing Terms Cash, Cash to New Loan, FHA, Submit, VA Loan
Financing Trust Deed
Special Listing Condition Standard
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Bought with Anthony Granados • Re/Max Titanium