Alhambra, CA 90801,312 N 3rd ST

$4,028,000

$3,998,000

0.8%
Est.Price: ?

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Est. payment /mo

15,752 SqFt


SOLD DATE : 11/14/2014

Key Details

Sold Price $4,028,000

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Sold

Purchase Type For Sale

Square Footage 15,752 sqft

Price per Sqft $255

MLS Listing ID PV14192577

Sold Date 11/14/14

HOA Y/N No

Year Built 1986

Lot Size 0.429 Acres

Acres 0.429

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

Rooms

Ensuite Laundry LaundryCloset

Interior

Laundry Location LaundryCloset

Fireplace No

Laundry LaundryCloset

Exterior

Total Parking Spaces 17

Building

Lot Description Item1115UnitsAcre

Water Public

Others

Tax ID 5337014019

Acceptable Financing CashtoExistingLoan

Listing Terms CashtoExistingLoan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jackie Wang-Dojiri • RE/MAX Estate Properties
Bought with Benjamin J. Hsiang • Remax Commercial and Investmen
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