CA > Alhambra
Alhambra, CA 91801,338 N Monterey ST

$1,600,000

$1,398,000

14.4%
Est.Price: ?

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Est. payment /mo

7,927 Sqft Lot

SOLD DATE : 10/23/2024

Key Details

Sold Price $1,600,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID TR24195625

Sold Date 10/23/24

HOA Y/N No

Year Built 1972

Lot Size 7,927 Sqft

Property Description

Located in the heart of Alhambra, this exceptional 5-unit property presents an ideal investment with great potential for appreciation. 4 of the 5 units are leased, ensuring immediate cash flow for the new owner. The 5th unit available to be leased out in a 2 bedroom / 2bathroom. Situated in a highly convenient location, tenants enjoy close proximity to shopping, dining, entertainment, and major transportation routes, making it a highly desirable area for renters.

Whether you’re a seasoned investor or looking to expand your portfolio, this property offers both stability and long-term growth potential with long-time established tenants. Don’t miss out on this rare opportunity in one of Alhambra’s most sought-after locations!

Location

State CA

County Los Angeles

Area 601 - Alhambra

Zoning ALRPD*

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Assigned, Carport

Carport Spaces 2

Pool None

Community Features Sidewalks

View Y/N No

View None

Total Parking Spaces 10

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5337004002

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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The Warburton Team Brokered By EXp

+1(626) 630-2141

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California Regional MLS (CRMLS)
Listed by Nancy Liu • ReMax 2000 Realty • 626-688-9181
Bought with Yuqing Wang • Re/Max Premier Prop Arcadia
agent-avatar

+1(626) 630-2141

andreww@gowpnow.com

43620 Ridge Park Dr, Temecula, CA, 92590, United States

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