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312 N 3rd ST Alhambra, CA 91801
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Key Details
Sold Price $4,028,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PV14192530
Sold Date 11/14/14
HOA Y/N No
Year Built 1986
Tax Year 2013
Lot Size 0.429 Acres
Property Description
RARE FIND 14-UNITS OPPORTUNITY IN NORTH ALHAMBRA. SIDE-BY-SIDE 2 BUILDINGS BUILT IN 1986. LOCATED IN A VERY DESIRABLE AREA WITH HIGH RENTAL DEMANDS. #312 & #318 ARE SELLING TOGETHER FOR $3,998,000. 7 UNITS IN EACH BUILDING. #312 IS 7876 SQFT ON A 9347 SQFT LOT, WHICH HAS ONE 4 BD/2.75 BA & SIX 2 BD+DEN/2 BA UNITS, CURRENT TOTAL MONTHLY INCOME IS $9990. #318 IS 7876 SQFT ON A 9336 SQFT LOT, WHICH HAS ONE 4 BD/2.5 BA AND SIX 2 BD+DEN/2 BA UNITS, CURRENT TOTAL MONTHLY INCOME IS $10,060 INCLUDING LAUNDRY. PLEASE NOTE THAT CERRENT INCOME ARE BELOW MARKET VALUE. OWNER HAS NOT INCREASED RENTS FOR SEVERAL YEARS. MOST OF THE UNITS ARE ON MONTH-TO-MONTH. ALL UNITS HAVE THEIR OWN 2-CAR GARAGES. VERY CONVENIENT LOCACTION; CLOSE TO MANY RESTAURANTS, SHOPPING PLAZAS, GROCERY STORES, EDWARDS MOVIE THEATER, COSTCO & HOME DEPOT...ETC. A RARE FIND OPPORTUNITY FOR INVESTORS! ONLY $254 PER SQFT WITH ASKING PRICE!
Location
State CA
County Los Angeles
Area 601 - Alhambra
Interior
Fireplace No
Exterior
Garage Assigned, Garage, Garage Door Opener
Garage Spaces 28.0
Carport Spaces 1
Garage Description 28.0
Pool None
Community Features Curbs, Street Lights
Utilities Available Sewer Connected
Parking Type Assigned, Garage, Garage Door Opener
Total Parking Spaces 31
Private Pool No
Building
Lot Description 11-15 Units/Acre
Water Public
Others
Tax ID 5337014019
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Non-member • Palos Verdes Peninsula Assoc.