Address
1605 S Atlantic Boulevard Alhambra, CA
Price
$ 4,200,000
Property Attributes
  • MLS#OC20108874
  • TypeIncome
  • CountyLOS ANGELES
  • CityAlhambra
  • AreaAlhambra
  • Zip91803
  • Style
  • Price$ 4,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6131
  • Lot Size0.52 Acres
Listing Provided Courtesy Of:
Andrew Homs with Allison James Estates & Homes.
Property Description

1605-1611 South Atlantic Boulevard. Attention Developers and Investors: Unique and rare opportunity to own an 8 unit multifamily property which has been family owned and well maintained for decades. Maintenance requirements are low and desirability is consistently high. The property comprises two HUGE parcels with a combined 22,847 sqft. lot size! 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 detached homes including a 3bed/1bath SFR with a basement and fenced yard. All units have laundry hookups inside except studio and upstairs unit has a laundry room downstairs. Parking on site includes 5 single car garages, a two car garage, a carport, and a parking space. Street parking is located nearby. Buildings range in age, being built between 1946-1954. All tenants are month to month, most have been at the property long term. All units are currently rented and this property rarely has vacancies. Situated in a prime location with close freeway access, public transportation, restaurants, entertainment, retail shops, parks, and more.

Price History
6/16/2020 Listed $4,200,000

General Features

Assessments Unknown
Attached Structure Attached
Community Features Gutters, Sidewalks
Directions From I-10 exit Atlantic Blvd. traveling North. Property will be on left side just before reaching Norwood Pl.
HOA Fee 0.00
Listagentaor Orange County
Listing Agent Andrew Homs - BRE#01893992
Listing Agent State License 01893992
MLS Area 601 - Alhambra
Price Per Square Foot 685.04
Property Attached Y/N Yes
Source System CRMLS
Special Listing Conditions Standard
Total Units 8
Zoning ALRPD*

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 1 Common Wall
Laundry Features Inside, See Remarks
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 6131.00
Carport Spaces 1.00
Garage Spaces 7.00
Lot Features Lot 20000-39999 Sqft, Sprinkler System, Sprinklers Timer
Lot Size Acres 0.5245
Lot Size Area 22847.0000
Lot Size Source See Remarks
Lot Size Square Feet 22847.00
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 Carport, Garage, Public
Parking Y/N Yes
Pool Features None
Sewer Public Sewer
Total Parking 9.00
Uncovered Spaces 1.00
Water Source Public

Amenities

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

Property vs Zip Code Average in 91803

Price
AVG $1.44M
$4.2M
Visits
AVG 173
1021
Year Built
AVG 1942
1947
Walkscore
AVG 59
84
Data Provided by Walkscore ® not using MLS data

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