Alhambra, CA 91801,212 N Olive Avenue

$1,300,000

$1,280,000

1.6%
Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

8,000 Sqft Lot


SOLD DATE : 12/23/2021

Key Details

Sold Price $1,300,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS21169852

Sold Date 12/23/21

Bedrooms 4

HOA Y/N No

Lot Size 8,000 Sqft

Lot Dimensions 8000

Property Description

Great opportunity to own a multi-unit apartment in north Alhambra. Low vacancy rate and is fully occupied. This incredible opportunity offers a great upside of rent increase to market value. Each unit has its own small private front yard. Coin-operated washer and dryer owned and run by a laundry company. Profit is shared between the laundry company and the owner. The owner can decide to use his/her own machines and pocket 100% of income. Driveway is shared with adjacent property. Owner pays gardener, water, and gas for common water heater. Each unit has its own separate electric and gas meters.
Great opportunity to own a multi-unit apartment in north Alhambra. Low vacancy rate and is fully occupied. This incredible opportunity offers a great upside of rent increase to market value. Each unit has its own small private front yard. Coin-operated washer and dryer owned and run by a laundry company. Profit is shared between the laundry company and the owner. The owner can decide to use his/her own machines and pocket 100% of income. Driveway is shared with adjacent property. Owner pays gardener, water, and gas for common water heater. Each unit has its own separate electric and gas meters.

Location

State CA

County Los Angeles

Area Alhambra (91801)

Zoning Assessor

Interior

Cooling Wall/Window

Exterior

Garage Unit1:Assigned

Building

Lot Description Curbs, Sidewalks

Story 1

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $1,150

Listing Terms Cash, Conventional

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by CHRISTINE LEONG • IRN REALTY
Bought with KITTY LEE • K & D CONSULTANT INC.
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