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Key Details
Sold Price $1,930,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,828 sqft
Price per Sqft $504
MLS Listing ID CRAR23191512
Sold Date 02/01/24
HOA Y/N No
Year Built 1965
Lot Size 0.272 Acres
Acres 0.27
Property Description
A very well located and maintained property in the City of Alhambra. The property has been in the same ownership since 1974 (49 years ownership – current owner is the heir); thus presents a rare opportunity for the right buyer to acquire this beautifully located property in Alhambra with attractive going in CAP Rate. The property is a block from Atlantic Blvd, and several blocks west from Alhambra Golf Course and Almansor Court, providing a rare and excellent amenity for tenants which makes it very easy to rent and operate property. It is located minutes away from Downtown Alhambra on Main Street, and Valley Blvd retail corridor. There is no local rent control which allows maximum rent increase under AB1482 (CPI + 5% = 10% maximum increase). The property consists of 3 buildings that were built in stages (buyer to verify with the city)– 915 Edith A&B was built in 1965, 913 Edith Ave unit A was built in 1935, 913 Edith Ave unit B was built in 1945, and 904 Curtis Ln was built in 1930. It has a total of ±3,828sf building and on a large R3 ±11,849sf lot. It has an excellent unit mix of one (1) x 3bed+2bed house, one (1) x 2bed+1bath house, one (1) x 2bed+1bath, and two (2) x 1bed+1bath units. It is unique because the front house is a large 3bedroom+2bathroom owner’s unit (wil
Location
State CA
County Los Angeles
Area Listing
Interior
Heating Wall Furnace, Other
Cooling Central Air, Wall/Window Unit(s)
Flooring Laminate, Vinyl, Wood
Fireplace No
Appliance Dryer
Laundry Dryer, Washer, Other
Exterior
View Y/N false
View None
Parking Type Assigned, Other
Building
Lot Description Level, Other
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5350021033
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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 DanielKim