Wednesday, June 25, 2008

Alhambra Land For Sale $498,000

SqFt: 7,362

Property Description: reat investor opportunity! R-3 Zone. Tear Down and build two separate house appx. 1850 SQFT each, plans submitted to city for review. Check with city of Alhambra for development potential. Property sold for land value only, no warranty, no termite on both the house and the garage.


Monday, June 16, 2008

Alhambra Residential Income 4 Units $1,100,000

Yr Built: 1923
Lot SqFt: 8,398
SqFt: 2,418
Bldngs: 1

Tenant Pays: Air Cond/Heat Maint,Cable TV,Electricity
Description: Incredibly charming multi-family 4Plex that has been completely remodeled. All new upgrades! New tile, floors, cabinets, fixtures, etc,... Each unit is 1bd/1bath. Great investment property! Live in one, rent the rest out! The opportunities are endless! Don't miss out on this great property! Property is shown on Tuesdays during "work hours." Call to schedule an appt. Please do not disturb tenants.

Financial Analysis:
Gross Sched Income: $50,400
Net Oper Income: $46,380
Operating Expense$/%: $4,020/
mprov$/%: $100,000

Sprte Elctrc Mtrs: 4
Gas Meters: 4





Tuesday, June 10, 2008

Alhambra Residential Income 5 Units $1,499,879

Yr Built: 1979

Lot SqFt: 7,950


SqFt: 6,222

Sprte Elctrc Mtrs: 6 Gas Meters: 6 Water Meters: 1

Monthly GSI:
$82,750
Annual Operating Expense $45000
Net Oper Income: $35,000


Description: clean & well-maintained building with 5 large units & 10 parking spaces. rents are low for the area due to long term tenancy. new owner will have plenty of room for rent increase. good location. quiet neighborhood. close to most amenities. front unit with 3 bedrooms, 2.5 bathrooms, & fireplace which is ideal for owner-occupied. newer carpet. drive by only. no sign. subject to interior inspection. to be sold in "as is" condition.




Friday, June 6, 2008

Alhambra Residential Incom 3 Units $886,000

Yr Built: 1930
Lot SqFt: 6,600
Sprte Elctrc Mtrs: 3
Gas Meters: 3
Water Meters: 3

Monthly GSI:
$4,500
Gross Sched Income: $54,000
Net Oper Income: $53,296

Description: 4 upgraded units. (3 legally permitted and one unpermitted studio) 2 bedrooms, 1 bath for each of 3 units. excellent condition. long term tenants with low rent. potential to increase. closet to shops, transportation and excellent redential area. please do not disturb tenants. drive by only. subject to inspection.