$820,000
$799,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
5,277 SqFt
SOLD DATE : 08/22/2014
Key Details
Sold Price $820,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,277 sqft
Price per Sqft $155
MLS Listing ID WS14138285
Sold Date 08/22/14
HOA Y/N No
Tax Year 2013
Lot Size 8,363 Sqft
Acres 0.192
Property Description
Absolutely Diamond in the Rough! This is a great opportunity for investors or handy buyers to own this 3 units property. It contains total two buildings. The main house is a classic cottage-style craftsman bungalow with 2 levels. Huge living room and dining room on 1st floor, and each room is very specious too. Owner occupies the 1st floor, estimate monthly rent at lease could be $1600 for the first floor ; 2nd floor with it's own entrance, the tenant pays $900 per month now. This building is an old charming but needs some cosmetic repairs and updating throughout; the 2nd building is 2 units which was been built in 1978 with alley access, each unit has 2 car garage with fair condition inside, one unit rents for $1350 and the other one rents for $1450 now. extra space for laundry & permitted recreation room along with 2nd building. Total living is 5277sqft on assessor data.
It has tons of potential in the nice Alhambra neighborhood. Convenient location easy access to freeways and down town LA, walking distance to markets, restaurants, and bus stations. Alhambra school district. Substantial upside rental income potential. The possibilities of this property are endless for the right buyer. A truly great deal. Offer subject to inspection, motivated seller.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Rooms
Ensuite Laundry LaundryRoom
Interior
Laundry Location LaundryRoom
Fireplaces Type LivingRoom
Fireplace Yes
Laundry LaundryRoom
Exterior
Garage Spaces 4.0
Carport Spaces 2
Garage Description 4.0
Pool None
Community Features Valley
Utilities Available SewerConnected
Total Parking Spaces 6
Private Pool No
Building
Lot Description Item01UnitAcre
Sewer SewerAppliedforPermit
Water Public
Others
Senior Community No
Tax ID 5357025002
Acceptable Financing CashtoNewLoan
Listing Terms CashtoNewLoan
Financing Cash
Special Listing Condition Standard
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Bought with Crystal Zheng • Coldwell Banker George
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "