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.

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

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.

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.

Alhambra Residential Income 5 Units $1,125,000

Units:

5

Bldngs:

1

Yr Built: 1960
Lot SqFt: 7,597

Description: Built in 1960, the property situates on a 0.17 acre lot and has approximately 4,466 rentable SF. The property consists of one 2 story building with a pitched composition roof. The 2nd Street Apartments consist of one 1 bedroom / 1 bathroom unit that is approximately 690 SF, three 2 bedroom / 1 bathroom units that are approximately 875 SF, and one 3 bedroom / 1.75 bathroom unit that is approximately 1,150 SF. Each unit offers its tenants the following amenities: a wall heating unit, garbage disposals, gas stoves and wall to wall carpeting. In addition, each unit is individually metered for gas and electricity. The common area offers its tenants one laundry room, one central water heater, mature landscaping and 5 tuck-under gated parking spaces.

Sprte Elctrc Mtrs: 5

Gas Meters:

5

Water Meters: 5

No

Bed

Bath

F/UP

Act Rent

Total Rent

1

1

1.00

$950

$950

3

2

1.00

$1,150

$3,400

1

3

1.75

$1,600

$1,600

Alhambra Residential Income 3 Units $838,888

Units:

3

Bldngs:

2

Yr Built: 1934
SqFt: 2,590
Lot SqFt: 7,497

Description: Updated 3 Units Located in the Most Desirable North Alhambra Neighborhood. Front house has living rm, One Master suites and 2 Brs, 1.75 Bth, total 3 Bedrooms, 1.75 Bth. Newer Central A/C, Hardwood Floors Thru-Out, Newer Dual Pane Windows , Newer Kitchen w/Granite Counters and newer Cabinets, Inside Laundry Rm. 2nd Unit - Cozy 1 Br Suites on 2nd Level, Has Carpeted Living Rm & Formal Dinning Rm, Kitchen. Rear 2 Br - Hardwood Floors in Living Rm, 2Brs, 1 Bth, Solid Kitchen Counters and Cabinets, Dinning/Breakfast Rm, Newer Dual Pane Windows, Inside Laundry Rm; Grassy Back Yard w/ Fruit Trees. It is convenient to All. Buyer to verify w/City about future development potentials. Seller reserve all services. Do Not Disturb Tennants. Offers Subject to Inspection. All Offers Submit with Pr-Approved Letter from Lender, FICOR Report, Etc. One Seller is RE Licensee.

Sprte Elctrc Mtrs: 3
Gas Meters: 3
Water Meters: 1

Alhambra Residential Income 3 Units $670,000

Yr Built: 1938

SqFt: 1,999

Lot SqFt: 6,747

Description: Well Maintained 3 Units In The Heart Of Alhambra. Walk Distance To All Transportation, Bus, School...Property To Be Sold "As Is" Its Present Condition! The Lowest Sales Price In The Town For 3 Units. Dirve By Only, Please Don't Disturb Any Tenants. Offer Subject To Interior Inspection, Thanks. All Expenses Figure Are Approsimately Provided By Seller.

Gross Sched Income: $39,600
Net Oper Income: $27,720
Operating Expense$/%: $11,880

Sprte Elctrc Mtrs: 3 Gas Meters: 3 Water Meters: 1 Carpet: 3

Bed

Bath

F/UP

Total Rent

2

1.00

$1,500

1

1.00

$950

1

1.00

$850