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104 N Atlantic Blvd
Alhambra, CA 91801
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Delivered 100% vacant
- 4 Off-Street Parking Spaces
- Tudor style & Charming Curb Appeal
Executive Summary
Delivered 100% vacant, this Tudor-style four-unit property in the heart of Alhambra offers immediate flexibility and strong upside potential. Situated on an almost 7,600 sq ft lot, the property features a well-balanced unit mix, including one (1) 3-bedroom, 3-bath townhome-style unit, two (2) 2-bedroom, 2-bath units, and one (1) 1-bedroom, 1-bath unit, providing flexibility for both investors and owner-users. Each unit offers spacious, functional layouts with ample natural light, creating an ideal foundation for thoughtful updates and the potential to achieve market rents. Classic Tudor architectural details, including steep gables and charming curb appeal, give the property a distinctive presence rarely found in multifamily offerings. A gated driveway leads to a covered carport offering four off-street parking spaces. Ideally positioned along Atlantic Boulevard, just moments from Alhambra's Main Street, the property offers convenient access to dining, shopping, and everyday amenities, as well as major transportation corridors. A compelling opportunity to renovate, reposition, or customize a vacant fourplex in a highly desirable San Gabriel Valley location.
Property Facts
| Price Per Unit | $400,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 5.62% | Lot Size | 0.17 AC |
| Gross Rent Multiplier | 12.6 | Building Size | 4,286 SF |
| No. Units | 4 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1979 |
| Zoning | ALRPD | ||
| Price Per Unit | $400,000 |
| Sale Type | Investment |
| Cap Rate | 5.62% |
| Gross Rent Multiplier | 12.6 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 4,286 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1979 |
| Zoning | ALRPD |
Amenities
Unit Amenities
- Dishwasher
- Heating
- Kitchen
- Oven
- Tub/Shower
- Walk-In Closets
- Yard
- Built-In Bookshelves
- Dining Room
- Patio
- Large Bedrooms
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 1 | $3,750 | - |
| 2+2 | 2 | $2,600 | - |
| 1+1 | 1 | $1,600 | - |
Property Taxes
| Parcel Number | 5338-032-008 | Improvements Assessment | $697,197 |
| Land Assessment | $1,288,423 | Total Assessment | $1,985,620 |
Property Taxes
Parcel Number
5338-032-008
Land Assessment
$1,288,423
Improvements Assessment
$697,197
Total Assessment
$1,985,620
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