101 E Alhambra Rd | Alhambra, CA 91801
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101 E Alhambra Rd
Alhambra, CA 91801
8-u north Alhambra, Owner since 1972 · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Prime Value-add 8-unit in north Alhambra – walk to Downtown Alhambra, First Time for Sale Since 1972, Corner Lot with Superb Curb Appeal
- NO LOCAL Rent Control (only CA 1482); Offered close to 5% CAP Rate in Class A Location! Cash Flow from Day-1
- Excellent unit mix with large 3bed, 2bed, and 1 bed units; Large building size averaging about ±1001 SF/unit; 4 units have private patio/balcony
- One of the Best Location in Alhambra, north Alhambra, adjacent to both San Marino and South Pasadena
- Next to brand new townhomes subdivisions; Mid-century modern architecture; Electrical subpanels upgraded, SBA721 Inspection completed and passed
- Overparked with 16 parking spaces; NEW ROOF, Electrical subpanels upgraded, New Exterior paint, SB721 (balcony) Inspection completed
PROPERTY FACTS
| No. Units | 8 | Building Size | 8,015 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 2/1,000 SF |
| Lot Size | 0.22 AC | ||
| Zoning | RPD | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 8,015 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 2/1,000 SF |
| Zoning | RPD |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Disposal
- Fireplace
- Storage Space
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- Tub/Shower
- Family Room
- Linen Closet
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | - | 1,200 - 1,400 |
| 2+2 | 1 | - | 1,200 - 1,400 |
| 2+1.5 | 1 | - | 1,100 - 1,300 |
| 2+1 | 1 | - | 1,100 - 1,300 |
| 1+1 | 4 | - | 750 - 850 |
PROPERTY TAXES
| Parcel Number | 5322-031-006 | Improvements Assessment | $516,102 |
| Land Assessment | $1,011,056 | Total Assessment | $1,527,158 |
PROPERTY TAXES
Parcel Number
5322-031-006
Land Assessment
$1,011,056
Improvements Assessment
$516,102
Total Assessment
$1,527,158
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