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2016 S Meridian AVE Alhambra, CA 91801
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Key Details
Sold Price $1,725,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV15254937
Sold Date 04/28/16
HOA Y/N No
Year Built 1931
Lot Size 9,321 Sqft
Property Description
Highlights:
Property was reconditioned after the current owner purchased in 2003.
*New Roof
*Upgrade of Water Lines
*New Electrical Including Boxes
*Upgraded Flooring in All Units
*New Windows
*Sand Blasted and New Stucco
The subject property is down the street from Califorina State University, Los Angeles, and within walking distance from Fremont Elementary School, and several business and retail companies.
The subject property is a two story, six-unit, multi-family building constructed in 1931 on a 9,336 square foot lot. The units are spacious and bright, individually metered for gas and electricity, and have their own water heaters. The property has been very carefully maintained making it easy to manage. New roof, stucco, electrical and plumbing in 2003-2005.
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.
DO NOT CONTACT TENANTS. DRIVE BY ONLY. INSPECTION BY APPOINTMENT ONLY AFTER ACCEPTED OFFER.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Interior
Fireplace No
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs, Gutter(s), Street Lights, Sidewalks
Utilities Available Sewer Connected
Total Parking Spaces 7
Private Pool No
Building
Lot Description Corner Lot, Front Yard, Level
Water Public
Others
Tax ID 5352023009
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with DUKE TRINH • LA VINCI INV. & FINANCIAL