1420 S 2nd Street A, Alhambra

$2,050,000

0 Beds
0 Baths
5,796 Sqft
3 Garages

The 2nd Street Apartments is a 6-unit investment property in the desirable city of Alhambra, CA. The apartments have a preferable unit mix of (1) 2-story, 3-bedroom 1 & 1/2-bath unit, (4) 2-bedroom 1-bath units, and (1) 1-bedroom 1-bath unit. Each unit is very spacious and the property provides a shared laundry facility with plenty of parking. This investment property has been well maintained by the same owner for over 20 years and is located in non-rent controlled Los Angeles County. The 2nd Street Apartments are a 5% Cap Rate on market and have 25% upside in rents. Positioned to be a great value add property in a strong rental market less than one block from Valley Boulevard, one of the major throughfares in Alhambra.

Essential Information
MLS® #PW19260547
Price$2,050,000
Square Footage5,796
Acres0.20
Year Built1965
TypeResidential Income
StatusActive
Community Information
Address1420 S 2nd Street A
AreaWrigley Area (5)
CityAlhambra
CountyLos Angeles
StateCA
Zip Code91801
Amenities
Parking Spaces3
# of Garages3
Exterior
Lot DescriptionLandscaped
Additional Information
Date ListedNovember 7th, 2019
Days on Market3
ZoningALP*
Listing Details
AgentGary Tolfa(00955403)
OfficeTriqor Group
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Based on information from California Regional Multiple Listing Service, Inc. as of March 6th, 2019 at 5:36pm PST. 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.

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