2306 W Alhambra Road Active

Alhambra,CA 91801

$ 1990000

- Bed

- Bath

3060 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,060 sqft

Price per Sqft $650

MLS Listing ID CRAR24197902

Year Built 1924

Lot Size 0.252 Acres

Property Description

FOUR UNITS: Capture the chance for a prime investment opportunity with this pair of meticulously renovated Art Deco Spanish Duplexes, promising immediate cash flow, low maintenance and long-term appreciation. These meticulously renovated units, nestled in the vibrant heart of Northwest Alhambra present an unparalleled opportunity for astute investors to acquire a high-performing, low-risk multi-unit asset, without the need for renovations. Each of the four units has been thoughtfully updated to blend historic charm with contemporary amenities, ensuring a high-quality living experience. The Comprehensive Renovation in 2001 encompassed all aspects of the property, including updated kitchens and baths, open floor plans, in-unit laundry, and modernized systems (HVAC, plumbing, electrical). The property also features seismic retrofitting for enhanced earthquake safety. Three private garages and two locking storage rooms provide additional amenities. On the exterior, fresh paint, completely redone concrete surfaces, including driveways and walkways, enhance curb appeal and reduce future maintenance costs. Stable Tenant Base: All units are fully occupied by long-term, reliable tenants on month-to-month leases, with low market rents, offering flexibility for rent increases to optimize th

Location

State CA

County Los Angeles

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet,Wood

Laundry Inside

Exterior

View Mountain(s),Other

Building

Lot Description Corner Lot,Other,Front Yard

Water Public

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