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Key Details
Sold Price $920,000
Property Type Commercial
Sub Type Duet
Listing Status Sold
Purchase Type For Sale
Square Footage 1,652 sqft
Price per Sqft $556
MLS Listing ID CRWS23118046
Sold Date 10/23/23
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1949
Lot Size 7,874 Sqft
Acres 0.1808
Property Description
Attention investors and buyers! We are delighted to present a highly convenient location duplex with exceptional features. Each unit consists of 1 bedroom and 1 bathroom. The seller recently completed renovations in 2021, ensuring a fresh and updated appeal. Both units boast excellent tenants, making this investment even more appealing. The front unit (2617) has recently signed a one-year lease starting on 02/15/2023. The back unit (2619) is currently under contract and their lease is set to expire on 10/13/2023. Each unit is leased for $2000 per month, resulting in a total monthly income of $4000. Not only are the tenants cooperative and pleasant to communicate with, but they also consistently pay their rents on time, adding to the desirability of this property. Furthermore, the seller has obtained permits and designed a project approved by the city. The project includes two significant aspects: 1. Converting the existing 629 sqft garage into a spacious 982 sqft unit. 2. Rebuilding a 456 sqft 2-car garage. To provide you with a comprehensive overview, the project design drawings are included in the sales package. This investment opportunity offers both immediate rental income and the potential to further enhance the property's value through the approved project!
Location
State CA
County Los Angeles
Area Alhambra
Zoning ALR1
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Spaces 2.0
Pool None
View Y/N false
View None
Parking Type Detached
Total Parking Spaces 2
Private Pool false
Building
Lot Description Street Light(s)
Story 1
Sewer Public Sewer
Water Public
Level or Stories One Story
New Construction No
Schools
School District Alhambra Unified
Others
Tax ID 5351010014
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with StevenJiang