Residential Income Details
SUPER HIGH CAP RATE & No Rent Control! Great income property in very good condition with lots of recent remodeling work done. Recent upgrades include hardwood floors, newly renovated kitchens, new bathrooms, new dual-pane windows, and so much more. Annual rental income is about $123,000 with potentials of $144,000 with rental adjustments to market rate. This is a 4-units property on title but seller has make some partitions to get rents from 8 separate tenants. Great cash flow and rental income property in all of Alhambra. This property has a total of 12 bedrooms and 12 bathrooms, 4 covered parking spaces plus 4 additional assigned parking area within property limits. Conveniently located with walking distant to Main Street Downtown Alhambra, shops, restaurants, movie theater, banks, car dealerships, bus stops, parks, school, and just minutes to Freeway 10 and 710. Long-term tenants, spacious units with high ceilings, and possibly the best investment property in all San Gabriel Valley.
|Number of Units||8|
|Listing Brokerage||Berkshire Hathaway Home Srvcs|
|Listing Agent||Ashley LuTran|
|Listing Agent BRE #||01478038|
Based on information from California Regional Multiple Listing Service, Inc. as of Wednesday, September 5, 2018.
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