109 -111 N Marguerita AVE new Save Request In-Person Tour Request Virtual Tour
Alhambra,CA 91801
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PF25192757
HOA Y/N No
Year Built 1959
Lot Size 5,998 Sqft
Property Sub-Type Apartment
Property Description
Berkshire Hathaway HomeServices Golden Properties is proud to present a rare opportunity to acquire a 6-unit multifamily property located in the heart of Alhambra. Situated just north of Main Street, this well-positioned asset offers stability and long-term growth potential in one of San Gabriel Valley's most desirable rental markets. The property consists of two buildings with a total of six well-maintained 1 bed/1 bath units, one of which is newly renovated. Gross Scheduled Rent totals $137,520. Each unit enjoys its own one-car garage and one additional driveway space. The building does not have gas, and each unit is separately metered for electric. There is a laundry unit in the rear building and a courtyard space between the two buildings. Lastly, the rear 3 units and their corresponding garages have alley access. With its central location, residents enjoy easy access to Downtown Alhambra's vibrant dining, retail, and entertainment options, as well as close proximity to schools, parks, and major freeways (I-10, 710, and 210), ensuring convenient commutes throughout the Greater Los Angeles area. This property presents an exceptional opportunity for investors seeking steady income, long-term appreciation, and a foothold in a strong rental market.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Zoning ALRPD*
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Street Lights,Suburban,Sidewalks
Utilities Available Natural Gas Not Available
View Y/N No
View None
Total Parking Spaces 6
Private Pool No
Building
Lot Description Paved,Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5338011003
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard