312 N 4th Street

    Alhambra, CA 91801
    • $1,998,000
    • STATUS: Active
    • ON SITE: 91 days
    • ID#: WS18196933
    UPDATED: 36 min ago
    $1,998,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,432
      SQFT
    • $368
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    Location! Location! Location!Turn Key Investment! No delayed Maintenance, easy managed!Upscale apartment complex. easy access to I-10, I-710. South of Huntington Blvd and North of Main. Quiet environment with closed by Alhambra Downtown restaurants, entertainments and Excellent school district.5 of the 6 units have been renovated in recent years. Owner pays water, hot water, sewage, gardening and garbage. Property is well maintained. stable tenants. Brand new Laundry room with new coin operated Washer & Dryer (no contract and owned by the landlord) for additional income.New carport roofing(completed in July2018), existing roof less than 10 years per previous owner. Upside rent potential.Property to be sold together with 316 N. 4th Street due to common driveway. Total of 6 units in one building: 2/ one bedroom units; 3/two bedrooms units, 1/ Three bedroom unitPlease do not disturb tenants. showing upon acceptance.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T19:34:15.84. 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/86534805

    312 N 4th Street Alhambra, CA 91801

    • Price: $1,998,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: WS18196933
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    5,432
    SQFT
    $368
    $/SQFT
    1961
    Built
    Neighborhood:
    601 - Alhambra
    County:
    Los Angeles
    Area:
    601 - Alhambra
    Property Description
    Location! Location! Location!Turn Key Investment! No delayed Maintenance, easy managed!Upscale apartment complex. easy access to I-10, I-710. South of Huntington Blvd and North of Main. Quiet environment with closed by Alhambra Downtown restaurants, entertainments and Excellent school district.5 of the 6 units have been renovated in recent years. Owner pays water, hot water, sewage, gardening and garbage. Property is well maintained. stable tenants. Brand new Laundry room with new coin operated Washer & Dryer (no contract and owned by the landlord) for additional income.New carport roofing(completed in July2018), existing roof less than 10 years per previous owner. Upside rent potential.Property to be sold together with 316 N. 4th Street due to common driveway. Total of 6 units in one building: 2/ one bedroom units; 3/two bedrooms units, 1/ Three bedroom unitPlease do not disturb tenants. showing upon acceptance.
    Exterior Features

    Architectural Style Contemporary Carport Spaces 5.00 Fence YN Yes Fencing Average ConditionWood Garage Spaces 1.00 Lot Features 6-10 Units/AcreLandscapedLevel With Street Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedCarport DetachedCovered Parking Parking Total 6.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition

    Interior Features

    Appliances Built In RangeGas & Electric Range Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area 650 Average1 Bed Area Units Square Feet Average2 Bed Area 830 Average2 Bed Area Units Square Feet Average3 Bed Area 980 Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Fireplace Features Bath Fireplace YN Yes Flooring CarpetLaminate Heating Wall Heater Heating YN Yes Interior Features Balcony Laundry Features OutsideSee Remarks Levels Two

    Property Features

    Additional Parcels Description 5338028005 Additional Parcels YN Yes Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Electric 220V In Laundry Elevation Units Feet Gross Income 3000.00 Gross Operating Income 100320.00 Gross Scheduled Income 100320.00 Insurance Expense 2718.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 3000.00 Laundry YN Yes Net Operating Income 58915.00 New Construction YN No New Taxes Expense 26160.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 6 Number Wall AC 6 Number With Carpet 2 Number With Dishwasher 0 Number With Disposal 6 Number With Drapes 0 Number With Patio 0 Number With Range 6 Number With Refrigerator 0 Operating Expense 41405.00 Professional Management Expense 7290.00 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTelephone Total Actual Rent 97320.00 Total Expenses 41405.00 Trash Expense 2508.00 Utilities Electricity AvailableNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance Rate 0.50 Water Sewer Expense 2729.00 Water Source Public Year Built Source Assessor Zoning Alrpd*

    Listing provided courtesy of Sylvia Chan of Stc Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T19:34:15.84. 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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