Contact Xavier Gomez
Schedule A Showing
920 1st Street, Alhambra, CA 91801
Priced at Only: $5,650,000
For more Information Call
Mobile: 714.478.6676
Address: 920 1st Street, Alhambra, CA 91801
Property Photos
Property Location and Similar Properties
- MLS#: PW24067638 ( Apartment )
- Street Address: 920 1st Street
- Viewed: 6
- Price: $5,650,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1959
- Bldg sqft: 0
- Days On Market: 264
- Additional Information
- County: LOS ANGELES
- City: Alhambra
- Zipcode: 91801
- Provided by: Triqor Group
- Contact: Ryan Ryan
- DMCA Notice
-
DescriptionWe are pleased to present First Street Apartments, a 16 unit apartment complex in the desirable city of Alhambra, CA. The property is located near Downtown Alhambra and borders the affluent communities of South Pasadena and San Marino. The property features an ideal unit mix consisting of one and two bedroom units, gated entry, covered parking, owned laundry facility, individual gas and electric meters, and partial copper plumbing. The asset has been meticulously maintained and professionally managed with upgrades including a new Roof (2016), exterior paint on building and railings, new washers and dryers, and upgraded exterior lighting. Recently renovated units have laminate wood flooring, granite countertops, stainless steel appliances, and new A/C and heating. In place rents generate a current cap rate of 4.3%, 5.6% with market rents offering an investor approx. 20% rental upside. This is a rare and unique opportunity for an investor to acquire a well maintained asset, in a highly sought after location.
Features
Building Area Total
- 10911.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Country
- US
Days On Market
- 184
Electric Expense
- 0.00
Fuel Expense
- 0.00
Garage Spaces
- 0.00
Insurance Expense
- 0.00
Laundry Features
- Community
Levels
- Two
Lot Features
- Rectangular Lot
Netoperatingincome
- 241407.00
Number Of Separate Electric Meters
- 16
Number Of Separate Gas Meters
- 16
Parcel Number
- 5321020021
Pool Features
- None
Postalcodeplus4
- 1365
Professionalmanagementexpense
- 0.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 412114239:CRM
Totalexpenses
- 128634.00
Trash Expense
- 0.00
Water Sewer Expense
- 0.00
Water Source
- Public
Year Built
- 1959
Year Built Source
- Public Records
Zoning
- ALRPD*
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com