225 Palmetto Dr, Alhambra

$4,380,000

0 Beds
0 Baths
11,110 Sqft
0 Garages

We're pleased to present the rare opportunity to acquire a 15-unit multi-family investment in Alhambra, California. The property is located at 225 Palmetto Drive, Alhambra, one of the most desirable city in Los Angeles County. This medium-sized multi-family Asset located in a market with solid demographics and unique accessibility to major employment hubs, providing access to a growing number of retail and restaurant amenities. The spacious unit mix consists of 7 one-bedroom/ one-bath units, 7 two-bedroom/one-bath units, and 1 three-bedroom/ two-bedroom unit. This property offers upscale for investors to invest an asset with well-maintained condition. Seven units have been fully renovated. Ideal for 1031 exchange with potential upside. 4.47% IN PLACE CAP RATE IN ALHAMBRA.

Essential Information
MLS® #TR19087505
Price$4,380,000
Square Footage11,110
Acres0.38
Year Built1963
TypeResidential Income
StatusActive
Community Information
Address225 Palmetto Dr
AreaAlhambra (601)
CityAlhambra
CountyLos Angeles
StateCA
Zip Code91801
Exterior
Lot Description11-15 Units/Acre
Additional Information
Date ListedApril 17th, 2019
Days on Market93
Listing Details
AgentJared Leung(01985447)
OfficeMacroReal Inv Grp Inc.
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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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