Alhambra, CA 91801,304 S Chapel AVE
$2,275,000
Est. payment /mo
Est.Price: ?

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0.45 Acres Lot
SOLD DATE : 12/10/2018

Key Details

Sold Price $2,275,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P0-818003394

Year Built 1954

Lot Size 0.450 Acres

Property Description

PRICED TO SELL - $175K PRICE REDUCTION! AGGREGATE INVESTMENT PARTNERS of KW Commercial is pleased to present the opportunity to purchase this non-rent control 9 units multifamily apartment complex located at 304-306 S. Chapel Avenue in the city of Alhambra, California. It is a rare opportunity for an investor to own in this highly desirable area of Alhambra. The property consists of five bungalow style single-story apartments with huge upside in rental potential. Building size is +/-5,400 square feet, sitting on a large +/-19,792 square feet lot. Furthermore, the unit mix consists of one 2 Bed + 1.5 Bath, and eight 1 Bed + 1 Bath. There are open parking on the side and back of the property along with garage spaces. The property is conveniently located with close proximity to 99 Ranch Market, LA Fitness, Almansor Park, Main Street movie theater and restaurants, with easy access to the 10 and 710 freeways. The large lot presents development potential for additional units (buyer to verify with City of Alhambra).Please download the OM from MLS or LoopNet for rent roll and details.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Zoning ALRPD*

Interior

Flooring Laminate

Exterior

Parking Features Garage, OneSpace, OnStreet

Garage Spaces 6.0

Garage Description 6.0

Roof Type Shingle

Building

Story 1

Others

Acceptable Financing Cash, CashtoNewLoan

Listing Terms Cash, CashtoNewLoan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tzu-ning Chang • Keller Williams Realty
Bought with YUJIA ZHANG • KW Executive

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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