109 N 5Th Street

  • Alhambra

  • $1,825,000
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Residential Income Details

Description
Bridge Investment Group is proud to present 109 N 5th St in Alhambra. Located in one of the most highly sought-after locations, the asset has been well maintained and is a rare opportunity for an investor to capitalize on one of the strongest rental markets in the San Gabriel Valley. The property is a 6-unit apartment built in 1988 comprised of three 1 bedroom/1 bathroom and three 2 bedroom/2 bathrooms units. The building is 4,137 square feet sitting on a large lot of approximately 10,741 square feet. The foundation is concrete slab and the roof is pitched composition shingle. The owner built this property in 1988 and is still owned by the same family. Each unit is individually metered for gas and electricity and comes with a two car parking garage. There is an additional 2 car tuck under parking for a total of fourteen spaces. There is central air conditioning and heat in each unit. There is one water heater as well as laundry on site for the tenants, one washer and one dryer on lease from “Wash”. The owner has not been aggressively pushing the rents and all of the tenants are on month to month leases so there is an opportunity for an investor to immediately capitalize on the rental potential.
Essential
MLS #WS17266711
Price$1,825,000
Number of Units6
Sale TypeStandard
StatusActive Under Contract
Listing BrokeragePASADENA MARKET CENTER
Listing AgentKEVIN LUTZ
Listing Agent BRE #00925595
Interior
CoolingCentral
Exterior
Garage Spaces12
PoolNone
Community
Area601 - Alhambra
CommunitySidewalks
Address109 N 5Th Street
CityAlhambra
CountyLos Angeles
StateCA
ZipCode91801
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Friday, December 8, 2017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.