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Key Details
Sold Price $1,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P0-819005211
Year Built 2011
Lot Size 7,405 Sqft
Property Description
The income property you've been waiting for! 200-202 S. Almansor Street is an incredibly rare find & an ideal location just blocks away from Alhambra's thriving downtown. This property features a front house, a back house, an ADU/ ''Tiny House'' (unpermitted but removable if desired) in the far rear, & plenty of parketing. On the main level of the front house, find a comfortable living room with a handsome fireplace, an open kitchen that flows to the dining area, a bedroom, & a -3/4 bathroom. Upstairs, find the spacious and elegant master bedroom ensuite along with two additional bedrooms sharing a full bathroom. An attached 2-car garage with laundry completes the front house. The back house has a open concept floorplan on the main level, including a powder room. Upstairs, find 2 bedrooms with a shared bathroom. The back house also offers an attached 2-car garage. Behind the back house, find a functional and private ''Tiny House.'' Per the owners, this Tiny House is the most sought-after Airbnb rental in the area and generates $70/day of rental income with a very high occupancy rate. The owners have been generating $7,800 of monthly rental income! This cash flow positive property with an incredible 5% cap rate will not be available for long! Don't miss out
Location
State CA
County Los Angeles
Area 601 - Alhambra
Zoning ALRPD*
Rooms
Other Rooms Greenhouse, Two On A Lot
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type Gas, Living Room
Laundry In Garage
Exterior
Parking Features Direct Access, Driveway, Garage
Garage Spaces 4.0
Garage Description 4.0
View Y/N No
Building
Story 2
Foundation Slab
Others
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
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Bought with LIANGYING XU • RE/MAX CHAMPIONS
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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