1002 S Campbell Avenue

    Alhambra, CA 91803
    • $2,395,000
    • STATUS: Active
    • ON SITE: 114 days
    • ID#: AR18170132
    UPDATED: 84 min ago
    $2,395,000
    • 0
      BEDS
    • 0.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,925
      SQFT
    • $486
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    This listing is for 4 houses & a duplex on two parcels (APN: 5350-032-001 & 002) on a combined lot size of 16,078 sq./ft.. Both properties are to be sold together and needs to close concurrently. The properties are located in the heart of of Alhambra just within blocks of Valley Blvd & Main St. and in a residential neighborhood. The unit mix are as follows: 2 -2bed + 1 Bath (duplex facing Front St., approx. 750 sq./ft.), 1 - 2Bed/1.25Bath main house w/yard (approx. 1,000 sq./ft.), 1 - 2Bed/1Bath house w/yard (approx. 825 sq./ft.), 1 - 2Bed/1.25Bath loft house w/yard (approx. 800 sq./ft.), and 1 2Bd/1Ba loft house w/yard (approx. 800 sq./ft.). Unit sizes are estimated and buyer to verify actual sizes. With separate parcels, there is a possibility of single family financing. Zoning is R2. Buyer to cooperate with seller on a 1031 exchange.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T00:29:41.7. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/85887603

    1002 S Campbell Avenue Alhambra, CA 91803

    • Price: $2,395,000
    • Status: Active
    • Updated: 84 min ago
    • ID#: AR18170132
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.37
    Acres
    4,925
    SQFT
    $486
    $/SQFT
    1947
    Built
    Neighborhood:
    601 - Alhambra
    County:
    Los Angeles
    Area:
    601 - Alhambra
    Property Description
    This listing is for 4 houses & a duplex on two parcels (APN: 5350-032-001 & 002) on a combined lot size of 16,078 sq./ft.. Both properties are to be sold together and needs to close concurrently. The properties are located in the heart of of Alhambra just within blocks of Valley Blvd & Main St. and in a residential neighborhood. The unit mix are as follows: 2 -2bed + 1 Bath (duplex facing Front St., approx. 750 sq./ft.), 1 - 2Bed/1.25Bath main house w/yard (approx. 1,000 sq./ft.), 1 - 2Bed/1Bath house w/yard (approx. 825 sq./ft.), 1 - 2Bed/1.25Bath loft house w/yard (approx. 800 sq./ft.), and 1 2Bd/1Ba loft house w/yard (approx. 800 sq./ft.). Unit sizes are estimated and buyer to verify actual sizes. With separate parcels, there is a possibility of single family financing. Zoning is R2. Buyer to cooperate with seller on a 1031 exchange.
    Exterior Features

    Carport Spaces 2.00 Garage Spaces 6.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 10.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features Washer Hookup Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 2.76 Community Features Urban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 960.00 Gross Income 0.00 Gross Multiplier 21.45 Gross Operating Income 108310.00 Gross Scheduled Income 111660.00 Insurance Expense 1525.00 Land Lease YN No Laundry YN Yes Maintenance Expense 6000.00 Net Operating Income 66101.00 New Construction YN No New Taxes Expense 29938.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 42209.00 Operating Expense Percent 38.00 Other Expense 1200.00 Other Expense Description Reserves Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Actual Rent 9305.00 Total Expenses 42209.00 Trash Expense 1293.00 Vacancy Allowance 3350 Vacancy Allowance Rate 3.00 Water Sewer Expense 1293.00 Water Source Public Year Built Source Appraiser Zoning Alrpd*

    Listing provided courtesy of Matt Cuong Ly of Coldwell Banker Arcadia.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T00:29:41.7. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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