225 Palmetto Drive Alhambra, CA 91801

205655131 34.08761 -118.12644 124 /listing/205655131-150106919/225-palmetto-drive-alhambra-ca-91801 False 0 4500000.0 105 TR18097517 False
  • $4,500,000
  • 0.38 lot
  • Est payment $24156.97/mo

Property & Neighborhood Info

Courtesy Of Jared Leung, MacroReal Inv Grp Inc.

Multi-Family in Alhambra

We are pleased to present the rare opportunity to acquire a 15-unit multi-family investment in Alhambra, California. The property is located at 225 Palmetto Drive, Alhambra, one of the most desirable city in Los Angeles County. This medium-sized multi-family Asset located in a market with solid demographics and unique accessibility to major employment hubs, providing access to a growing number of retail and restaurant amenities. The spacious unit mix consists of 7 one-bedroom/ one-bath units, 7 two-bedroom/one-bath units, and 1 three-bedroom/ two-bedroom unit. This property offers upscale for investors to invest an asset with well-maintained condition. New remote gate for parking and new painting. Five units have been renovated with new wood floor, new appliances, new painting.

Courtesy Of Jared Leung, MacroReal Inv Grp Inc.
  1. 0.38 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1963
  • Floors: 2
  • County: Los Angeles
  • Units: 15
  • Zoning: ALRPD*
  • MLS Number:TR18097517

Additional Features

  • Laundry:
    • Community
  • Common Walls:
    • 2+ common walls
  • Levels:
    • Two
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • Land Size Source:
    • Assessor
  • Lot Features:
    • Lot 10000-19999 Sqft
  • Pool Features:
    • None
  • Parking:
    • Assigned
  • Parking Spaces:
    • 0.00
  • Sewer:
    • Public Sewer
  • Community Features:
    • Urban
  • Number of Buildings:
    • 1
  • Gross Income:
    • 277430.00
  • Net Operating Income:
    • 180477.00
  • CDOM:
    • 259
  • Special Conditions:
    • Standard
  • Tenant Pays:
    • Electricity
    • Gas
  • Fuel Exp:
    • 1440.00
  • Gross Operating Income:
    • 277430.00
  • Insurance Expense:
    • 3950.00
  • Land Value:
    • 1840750
  • Lot Size Acres:
    • 0.3800
  • Lot Size Area:
    • 0.3800
  • Lot Size Square Feet:
    • 16552.80
  • Maintenance Exp:
    • 9000.00
  • Operating Expense:
    • 96953.00
  • Price Per SQFT:
    • 405.04
  • Tax ID:
    • 5347004016
  • Total Expenses:
    • 96953.00
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Carl Feldstein
Carl Feldstein

request more info.

225 Palmetto Drive Alhambra, CA 91801

205655131 34.08761 -118.12644 124 /listing/205655131-150106919/225-palmetto-drive-alhambra-ca-91801 False 0 4500000.0 105 TR18097517 False
  • $4,500,000
  • 0.38 lot
  • Est payment $24156.97/mo