Alhambra, CA 91801,621 N Stoneman AVE
$1,665,000
Est. payment /mo
Est.Price: ?

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7,405 Sqft Lot
SOLD DATE : 01/11/2021

Key Details

Sold Price $1,665,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR20257579

Year Built 1965

Lot Size 7,405 Sqft

Property Description

Coldwell Banker is pleased to present a 5 unit apartment listing located in the ABSOLUTE best location North Alhambra. This 5 Unit consist 1 ? 1 bedroom/1 bathroom, 2 ? 2 bedroom/1 bathroom, 1 - 3 bedroom/1.75 & 1 - 3 bedroom/1.75 Townhouse. This property is has been in the family for over 40 years. Three of the units are occupied by long term tenants with extremely low rents and the other 2 units are currently vacant. A similar type of apartment building next door is renting out 2bedroom +2bathroom units for $2,095. There is also a 60+ Townhome new development across the street. All units are expected to be dated and will require some tender loving care. Due to the low rents and low cashflow, all offers will require a very high down payment or all cash and with no loan or appraisal contingencies.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Zoning ALRPD*

Interior

Cooling Wall/Window Unit(s)

Laundry Common Area

Exterior

Parking Features Assigned

Pool None

Community Features Urban

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Matt Cuong Ly • Coldwell Banker Realty
Bought with Xiao Cash Li • Keller Williams Realty

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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