Alhambra, CA 91801,405 N Marguerita AVE

$1,175,000

$1,280,000

8.2%
Est.Price: ?

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Est. payment /mo

4,950 SqFt


SOLD DATE : 05/15/2013

Key Details

Sold Price $1,175,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,950 sqft

Price per Sqft $237

MLS Listing ID AR13010471

Sold Date 05/15/13

HOA Y/N No

Year Built 1971

Lot Size 7,927 Sqft

Acres 0.182

Property Description

True pride of ownership! Well-maintained 5-Unit income property in desirable North Alhambra neighborhood; close proximity to bus stops, restaurants, movie theater, Costco,markets, city park,etc. Located on a wide street w/lush front yard & great curb appeal. It has good unit mix of: one 3-bdrm & 1.75-bath newly updated unit w/balcony & fireplace, three 2-bdrm & 2-bath units (1 unit w/balcony), and one 1-bdrm & 1-bath unit with balcony & walk-in closet. All occupants are stable long-term tenants with very low vacancy rate. Property is equipped with: automatic lawn sprinkler system, laundry room with one coin-op washer & dryer (landlord owned for additional income), central water heater system for the building, and wall-mount air-conditioner & gas space heater in each unit. Ample on-site parking: four tuck-under parking spaces, two detached carport, & three open air parking spaces. Building exterior painted in Feb. 2009 and carport roof replaced in June 2009. 2-year new building roof. Good investment opportunity!

Location

State CA

County Los Angeles

Area 601 - Alhambra

Rooms

Ensuite Laundry Common Area, Laundry Room

Interior

Laundry Location Common Area,Laundry Room

Heating Space Heater, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Tile

Fireplaces Type Living Room, Primary Bedroom

Fireplace Yes

Laundry Common Area, Laundry Room

Exterior

Garage Attached Carport, Detached Carport, On Site, One Space

Carport Spaces 6

Pool None

Community Features Curbs, Sidewalks

Utilities Available Sewer Connected

Roof Type Composition,Flat,Mansard

Parking Type Attached Carport, Detached Carport, On Site, One Space

Total Parking Spaces 9

Private Pool No

Building

Lot Description Lawn, Sprinkler System

Story Two

Entry Level Two

Foundation Slab

Water Public

Architectural Style Traditional

Level or Stories Two

Others

Senior Community No

Tax ID 5338010003

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Hai Phu Luong • Tendwell Realty & Invest.
Bought with Benjamin J. Hsiang • Re/Max Commercial
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