Golf Course
Address
1609 S Atlantic Boulevard Alhambra, CA
Price
$ 3,695,000
Property Attributes
  • MLS#OC21248645
  • TypeIncome
  • CountyLOS ANGELES
  • CityAlhambra
  • AreaAlhambra
  • Zip91803
  • Style
  • Price$ 3,695,000
  • Bedrooms10
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage6131
  • Lot Size0.524495 Acres
Listing Provided Courtesy Of:
Andrew Homs with Allison James Estates & Homes - 949-229-2704
Data Source:
California Regional MLS (CRMLS)
Property Description

Rare 22,978 sq foot property in the heart of Alhambra. Possibilities are endless. Currently a beautifully maintained Large 8 unit multifamily open garden property. This could be an investor/developers dream come true, so many options here! 5 Buildings spaced throughout the property to create a quiet and peaceful setting with mature fruit trees in the courtyard areas, open spaces, and green landscaping. A mix of units including a studio, 1bed/1bath duplexes, and TWO detached SFR homes- one is a 3bed with basement and fenced yard. All units have laundry hookups inside except studio and upstairs unit has a laundry room downstairs. Contact City/County to explore possibilities of adding square footage and/or additional units. Parking on site includes 5 single car garages (standalone building with nothing above), a two-car garage (with studio attached and unit above), a carport, and a parking space off the alley. Plenty of street parking is located nearby. Buildings range in age, being built between 1947-1954. All tenants are month to month, most have been at the property long term. All units are currently rented with no back rent owed; this property rarely has vacancies. Situated in a prime location close to Pasadena, San Marino and the San Gabriel with close freeway access, public transportation, highly rated restaurants, entertainment, Dodger Stadium, Hollywood, Golf Courses, Downtown LA, Santa Anita, The Rose bowl retail shops, parks, Cal State LA, USC, UCLA and more. Private Property - do not enter without written permission.

Price History
11/15/2021 Listed $3,695,000

General Features

Additional Parcels Description 5356016043
Additional Parcels Y/N Yes
Carport Spaces 1
Carport Y/N Yes
Community Features Storm Drain(s), Sidewalks
Garage Spaces 7
Garage Y/N Yes
Listing Agent Andrew Homs - BRE#01893992
Listing Agent State License 01893992
Lot Size Square Feet 22847
MLS Area 601 - Alhambra
Open Parking Spaces 1
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Total Actual Rent 155100
Total Units 8
Water Sewer Expense 1000
Zoning ALRPD*

Interior Features

Common Walls 1 Common Wall
Laundry Features Inside

Exterior Features

Lot Features Sprinklers Timer, Sprinkler System
Lot Size Acres 0.52
Lot Size Area 22847
Lot Size Source See Remarks
Lot Size Units Square Feet
Number of Buildings 6
Number of Separate Electric Meters 7
Number of Separate Gas Meters 7
Number of Separate Water Meters 2
Parking Features Attached Carport, Garage
Total Parking 9
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 91803

Price
AVG $1.9M
$3.7M
Visits
AVG 15
34
Year Built
AVG 1954
1947
Walkscore
AVG 79
84
Data Provided by Walkscore ® not using MLS data

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