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308 S Almansor 308 S Almansor St 4 Unit Apartment Building $1,588,800 ($397,200/Unit) 4.78% Cap Rate Alhambra, CA 91801
INVESTMENT HIGHLIGHTS
- Highly desirable rental area
- A vacant unit is available for buyers looking for a primary residence with a rental income
- Newly updated Units with new kitchen, bathroom, floors, and windows in 3 units
EXECUTIVE SUMMARY
Buyer to cooperate with Seller's 1031 Exchange. Property to be sold AS IS. DRIVE BY ONLY-DO NOT ENTER PROPERTY, DO NOT CONTACT OCCUPANTS-TENANTS ARE NOT AWARE OF THE SALE. INSPECTION WOULD BE SCHEDULED AFTER OFFER HAS BEEN ACCEPTED.
DRIVE BY ONLY. DO NOT DISTURB TENANTS. Contact Listing Agents for more information. Please contact Robert Choi 562-330-2000
DRIVE BY ONLY. DO NOT DISTURB TENANTS. Contact Listing Agents for more information. Please contact Robert Choi 562-330-2000
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,588,800 | Apartment Style | Single-Family Home |
| Price Per Unit | $397,200 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 4.78% | Building Size | 2,430 SF |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| No. Units | 4 | Year Built/Renovated | 1923/2023 |
| Property Type | Multifamily | Parking Ratio | 1.65/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R2 - Limited Multiple Family Residential | ||
| Price | $1,588,800 |
| Price Per Unit | $397,200 |
| Sale Type | Investment |
| Cap Rate | 4.78% |
| Sale Condition | 1031 Exchange |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,430 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1923/2023 |
| Parking Ratio | 1.65/1,000 SF |
| Zoning | R2 - Limited Multiple Family Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $2,600 | 929 |
| 1+1 | 2 | $4,200 | 576 - 1,152 |
| Studios | 1 | $1,650 | 349 |
1 1
Walk Score®
Very Walkable (80)
1 of 5
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308 S Almansor | 308 S Almansor St
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