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(626) 893-2817
Gilbert Garcia
1712 S 2nd Street, Alhambra, CA 91801
- $1,800,000
- List Price
- $1,800,000
- Status
- ACTIVE
- MLS#
- OC26227301
- Year Built
- 1949
- Lot Size
- 8,664
- Acres
- 0.20
- Lot Location
- 6-10 Units/Acre, Lawn
- Days on Market
- 2
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
Can be Sold Together or Separate from 1706 S 2nd St, Alhambra (10 Units). Contiguous building. We are pleased to present the opportunity to acquire this 7 unit multifamily property located at 1712 S 2nd St in Alhambra, California. Built in 1949, the property consists of approximately 3,290 square feet situated on an 8,661-square-foot lot, featuring Two 2-Bed 1-Bath, Two 1-Bed 1-Bath, and Three Studio units. Located in the desirable San Gabriel Valley submarket of Los Angeles County, the property benefits from its proximity to established residential neighborhoods, retail amenities, and major employment centers. The property has 5 carports, plus street parking available. The property is home to approximately 53,381 residents with an average household income of $113,426. With approximately 62.6% of occupied housing units renter-occupied, the surrounding area demonstrates an established rental housing market. Residents benefit from convenient access to Valley Boulevard, Garfield Avenue, nearby schools, shopping, dining, and surrounding communities including Monterey Park, San Gabriel, and Pasadena. 1712 S 2nd St offers investors an opportunity to acquire an established multifamily asset in a supply-constrained Southern California market, supported by strong surrounding demographics, an established renter base, and a desirable San Gabriel Valley location.
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Additional Information
- Appliances
- Disposal, Gas Oven, Gas Range, Range Hood
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Roof
- Composition, Shingle
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 7
- Gross Scheduled Income
- $116,446
- Operating Expense
- 41902
Listing courtesy of Listing Agent: Mark Bridge (Mark.Bridge@matthews.com) from Listing Office: Mark Bridge, Broker.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.