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1801 Garvey Ave
Alhambra, CA 91803
TROPHY ASSET - 109 UNITS IN ALHAMBRA · Multifamily Property For Sale
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109 Units
PROPERTY FACTS
| No. Units | 109 | Building Size | 78,180 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1972/2018 |
| Building Class | C | Parking Ratio | 2.62/1,000 SF |
| Lot Size | 2.87 AC | ||
| Zoning | ALRPD* | ||
| No. Units | 109 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.87 AC |
| Building Size | 78,180 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built/Renovated | 1972/2018 |
| Parking Ratio | 2.62/1,000 SF |
| Zoning | ALRPD* |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Heating
- Ceiling Fans
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Carpet
- Patio
- Vinyl Flooring
SITE AMENITIES
- Controlled Access
- Courtyard
- Fitness Center
- Laundry Facilities
- Pool
- Property Manager on Site
- Security System
- Gated
- Gameroom
- Grill
- Laundry Service
- Package Service
- Maintenance on site
- Pond
ABOUT 1801 GARVEY AVE , ALHAMBRA, CA 91803
Luxe 1801 boasts a strong unit mix of three studio units, five junior one-bedroom/one-bathroom units, eighty-seven one-bedroom/one-bathroom units, five two-bedroom/one-bathroom units, and nine three-bedroom/one-and-one-half bathroom units. All units except for one have been renovated and are well-appointed with new kitchen cabinet faces and drawers, quartz countertops, undermount sinks, upgraded stainless steel appliance packages (dishwasher, gas range, refrigerator, range hood), new bathroom vanities, new plumbing fixtures and hardware, recessed lights and new lighting fixtures, upgraded vinyl-plank flooring with carpet in bedrooms, designer paint palettes, and air conditioning in all bedrooms and living rooms. Units offer ample storage space, a fireplace, and a balcony or patio. Additional improvements at Luxe 1801 include a new roof and fresh exterior paint in 2015/2016, new railings, ponds, new signage, asphalt and concrete work, new boiler and water treatment systems, and a new drip irrigation system. The property is separately metered for electricity and a RUBS program is being implemented to recapture costs for water, sewer, and trash.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 3 | - | 385 |
| 1+1 | 92 | - | 650 |
| 2+1 | 5 | - | 950 |
| 3+2 | 9 | - | 1,400 |
PROPERTY TAXES
| Parcel Number | 5353-004-051 | Improvements Assessment | $14,003,423 |
| Land Assessment | $25,994,608 | Total Assessment | $39,998,031 |
PROPERTY TAXES
