$4,999,988
225 Palmetto Drive Alhambra, CA 91801
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$4,999,988
Est. payment /mo
11,110 SqFt
UPDATED:
06/10/2024 05:44 AM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 11,110 sqft
Price per Sqft $450
MLS Listing ID CROC23107462
HOA Y/N No
Year Built 1963
Lot Size 0.380 Acres
Acres 0.38
Property Description
Cindy Chin Realty Int’l is proud to exclusively present an exceptional commercial investment opportunity at 225 Palmetto Drive, Alhambra, CA. This multi-family property is a 15-unit residential building that stands as a testament to prime real estate for savvy investors. Comprising a diverse array of meticulously designed units, including 1-bedroom, 2-bedroom, and 3-bedroom layouts, this property offers a comprehensive range of housing options. Each unit ensures tenant satisfaction and consistent occupancy rates. Currently operating at full capacity with a 100% occupancy rate, this investment boasts a robust cash flow potential that promises substantial returns. Priced at an attractive $333,333 per unit, this investment represents an unparalleled opportunity to tap into the real estate market. The combination of its prime location, diverse unit offerings, full occupancy, and meticulous renovation makes it a strong contender for those seeking stable, long-term income. Positioned in the heart of Alhambra, this investment promises not only immediate returns but also capital appreciation over time. With a strategic focus on cash flow, 225 Palmetto Drive offers an exceptional prospect for investors who recognize the potential in this remarkable property. Don't miss out on the chance
Location
State CA
County Los Angeles
Area Listing
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5347004016
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Listed by Cindy Chin • Cindy Chin Realty
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