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Key Details
Sold Price $1,790,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,043 sqft
Price per Sqft $442
MLS Listing ID CL23330295
Sold Date 03/08/24
HOA Y/N No
Year Built 1967
Lot Size 7,654 Sqft
Acres 0.18
Property Description
$149,000 PRICE REDUCTION!!! We are pleased to present 501 S. Chapel Avenue, a charming six-unit apartment complex in the heart of Alhambra. Situated on a 7,652 square foot lot, the property features an ideal unit mix consisting of a two-bedroom, one-and-a-half-bath + den two-story townhouse-style owner's unit, two two-bedroom, one-bath units, two one-bedroom, one-bath units, and one non-conforming studio with one bath (delivered vacant). One of the one-bedroom units received a complete renovation in 2023, and the non-conforming studio was remodeled in 2021. Newer windows enhance the property's overall appeal. This is the first time in over 45 years that this property has come to market, offering 13 generous parking spaces, individual gas and electricity meters and an on-site laundry room. The property is ideally located minutes from Almansor Park, the Alhambra Golf Course, Alhambra Place, and the vibrant shops and restaurants lining Main Street in downtown Alhambra. Don't miss out on this outstanding investment opportunity!
Location
State CA
County Los Angeles
Area Listing
Zoning ALRP
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Type Other
Building
New Construction No
Others
Tax ID 5345011023
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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 Out OfArea