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716 Chapel Avenue, Alhambra, CA 91801
Priced at Only: $2,160,000
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Address: 716 Chapel Avenue, Alhambra, CA 91801
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  • MLS#: WS25282115 ( Apartment )
  • Street Address: 716 Chapel Avenue
  • Viewed: 1
  • Price: $2,160,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1965
  • Bldg sqft: 0
  • Days On Market: 49
  • Additional Information
  • County: LOS ANGELES
  • City: Alhambra
  • Zipcode: 91801
  • Provided by: Pinnacle Real Estate Group
  • Contact: DORESA DORESA
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Appealing investment opportunity in the City of Alhambra, located in a prime location! First time on the market in 30 years. High rental demand desirable 6 Units, all units are two story of 2 bedrooms and 1.5 bathrooms. Living area is 5,394 sqft, lot size is 9,000 sqft, each unit has 900 sqft. Current rent is $11,740/month. It has 6 carports and 6 outdoor parking spaces, so each unit has 2 parking spaces. On site laundry room with leased machines, individual electric & gas meters, and individual water heaters. Per sellers info, all units have been changed to double pane windows, the roof condition is good, and some units have updates. Rents can be increased. Stable tenants and easy manage. Just two blocks away to Alhambra Golf Course, and Almansor Park with Tennis Courts, Soccer Fields, baseball Field, Playground, Gym, etc. It has easy access to Freeways 10 & 710, just 4 miles to Cal State LA University, 6.5 miles to USC Health Sciences Campus, 9 miles to Downtown LA. City of Alhambra is vibrant and convenient to supermarkets, banks, schools, various restaurants, sports, entertainments, strip malls, and many more. Alhambra is adjacent to Pasadena, South Pasadena, San Marino, San Gabriel, and Monterey Park, these Cities come together as a prosperous region. This property is such a great real estate asset to own! Drive by only please, do not talk to any tenants. Interior inspection only provide to the buyer after his/her offer has been accepted.
Features
Building Area Total
  1. 5394.00
Carport Spaces
  1. 6.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
  2. No One Above
  3. No One Below
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 25
Electric Expense
  1. 456.00
Entry Location
  1. front door
Fuel Expense
  1. 192.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 8000.00
Laundry Equipment Own Lease
  1. Lease
Laundry Features
  1. Common Area
Laundry Income
  1. 600.00
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. Rectangular Lot
Netoperatingincome
  1. 98230.00
Newtaxesexpense
  1. 25200.00
Parcel Number
  1. 5347021014
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Unknown
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 453884337:CRM
Totalactualrent
  1. 11740.00
Totalexpenses
  1. 43250.00
Trash Expense
  1. 2675.00
Uncovered Spaces
  1. 6.00
Water Sewer Expense
  1. 4327.00
Water Source
  1. Public
Year Built
  1. 1965
Year Built Source
  1. Public Records
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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