Alhambra, CA 91801,223 S 5th ST
Alhambra, CA 91801,223 S 5th ST
Alhambra, CA 91801,223 S 5th ST
$2,025,000
Est. payment /mo
Est.Price: ?

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7,405 Sqft Lot
SOLD DATE : 04/03/2020

Key Details

Sold Price $2,025,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR19217559

Year Built 1963

Lot Size 7,405 Sqft

Property Description

The Growth Investment Group is proud to present 223 S 5th Street, a 6-unit multifamily property located in the highly desirable city of Alhambra, California. This property consists of ±5,048 sqft of living space situated on a large ±7,600 sqft lot. It offers a superb unit mix consisting of (1) x 2bedroom + 1.75bathroom, (2) x 2bedroom + 1 bathroom, and (3) x 1bedroom + 1 bathroom units. The property was built in 1963 and this is the first time this property has been offered for sale since 1985 which is over 34 years! 223 S 5th Street rarely has any vacancies because of the of its superb location which makes it convenient to walk to supermarkets, restaurants, coffee/tea shops, retail shops, department stores, entertainment, parks, libraries, and schools. This offering provides an excellent value-add opportunity for investors by adjusting rents to market.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Interior

Laundry Common Area

Exterior

Pool None

Community Features Urban

Building

Lot Description 6-10 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 Donald La • GIG Real Estate Inc.
Bought with Amy Wang • Coldwell Banker George 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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