$3,998,000
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312 N 3rd ST Alhambra, CA 90801
0.43 Acres Lot
Key Details
Property Type Commercial Sale
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PV14192577
Year Built 1986
Lot Size 0.429 Acres
Property Sub-Type Multi Family
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 INCOME. CURRENT 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 2-CAR GARAGES. VERY CONVENIENT LOACTION; 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
Laundry Laundry Closet
Building
Lot Description 11-15 Units/Acre
Water Public
Others
Acceptable Financing Cash to Existing Loan
Listing Terms Cash to Existing Loan
Special Listing Condition Standard
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Bought with Benjamin J. Hsiang • Remax Commercial and Investmen


