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701 S Almansor St
Alhambra, CA 91801
8-unit Value Add across Alhambra Golf Course · Multifamily Property For Sale
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8 Units
Investment Highlights
- First time for sale since 1971 (51 years ownership); Last rent increases were done several years ago (significant rental upside).
- Low price per unit compared to other apartments sold in the area in the past 12 months.
- Two (2) units are vacant and can be delivered vacant; Separately metered for electricity and gas, shared laundry room, master water heater.
- Excellent Location in Alhambra, right across the street from Almansor Court and Alhambra Golf Course (18-hole).
- Corner lot with excellent visibility and location; Well-maintained apartment with excellent curb appeal, easy to rent location and amenities.
- 10 parking spaces, no parking soft-story retrofit is required.
Property Facts
| No. Units | 8 | Building Size | 5,152 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Building Class | B | Parking Ratio | 1.94/1,000 SF |
| Lot Size | 0.22 AC | ||
| Zoning | RPD - Residential Planned Development | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.22 AC |
| Building Size | 5,152 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 1.94/1,000 SF |
| Zoning | RPD - Residential Planned Development |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Oven
- Range
- Tub/Shower
- Carpet
Site Amenities
- Walking/Biking Trails
- Public Transportation
Property Taxes
| Parcel Number | 5347-025-001 | Improvements Assessment | $1,061,208 |
| Land Assessment | $1,591,812 | Total Assessment | $2,653,020 |
Property Taxes
Parcel Number
5347-025-001
Land Assessment
$1,591,812
Improvements Assessment
$1,061,208
Total Assessment
$2,653,020
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