1609 S Atlantic Boulevard, Alhambra, CA 91803

Alhambra, CA 91803,1609 S Atlantic Boulevard

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Glen Henderson

[email protected] +1(619) 889-7646

$3,600,000

Est. payment - /mo

4 Beds

4 Baths

0.52 Acres Lot

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UPDATED:

09/19/2024 11:49 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24025079

Bedrooms 4

HOA Y/N No

Lot Size 0.524 Acres

Type of Financing Cash,Conventional,Exchange

Property Description

Rare offering of two side-by-side lots with a combined 22,978 sq ft, featuring 8 units totaling 6,415 sq ft of living area. The properties are located in a prime location within the Residential High Density (RH) zone in the City of Alhambra, allowing for 43 units per acre, a maximum building height of 45 feet, and a maximum of 5 stories. There is also the possibility for ADUs and Junior ADUs (Buyer to Verify). Currently set up with a mix of units including a studio, 1-bed/1-bath duplexes, and two detached SFR homesone is a 3-bed with a basement and fenced yard. All units have laundry hookups inside, except for the studio and the upstairs unit, which has a laundry room downstairs. On-site parking includes 5 single-car garages (standalone building with nothing above), a two-car garage (with a studio attached and a unit above), a carport, and a parking space off the alley. There is also an attached owner's unit/shed with a bathroom and separate access. Additionally, plenty of street parking is located nearby. Buildings range in age, being built between 1947-1954. All units are currently rented with no back rent owed; this property rarely has vacancies. Situated in a prime location close to Pasadena, San Marino, and San Gabriel, with easy freeway access, public transportation, highly rated restaurants, entertainment, Dodger Stadium, Hollywood, golf courses, Downtown LA, Santa Anita, The Rose Bowl, retail shops, parks, Cal State LA, USC, UCLA, and more. Private propertydo not enter without written permission.
Rare offering of two side-by-side lots with a combined 22,978 sq ft, featuring 8 units totaling 6,415 sq ft of living area. The properties are located in a prime location within the Residential High Density (RH) zone in the City of Alhambra, allowing for 43 units per acre, a maximum building height of 45 feet, and a maximum of 5 stories. There is also the possibility for ADUs and Junior ADUs (Buyer to Verify). Currently set up with a mix of units including a studio, 1-bed/1-bath duplexes, and two detached SFR homesone is a 3-bed with a basement and fenced yard. All units have laundry hookups inside, except for the studio and the upstairs unit, which has a laundry room downstairs. On-site parking includes 5 single-car garages (standalone building with nothing above), a two-car garage (with a studio attached and a unit above), a carport, and a parking space off the alley. There is also an attached owner's unit/shed with a bathroom and separate access. Additionally, plenty of street parking is located nearby. Buildings range in age, being built between 1947-1954. All units are currently rented with no back rent owed; this property rarely has vacancies. Situated in a prime location close to Pasadena, San Marino, and San Gabriel, with easy freeway access, public transportation, highly rated restaurants, entertainment, Dodger Stadium, Hollywood, golf courses, Downtown LA, Santa Anita, The Rose Bowl, retail shops, parks, Cal State LA, USC, UCLA, and more. Private propertydo not enter without written permission.

Location

State CA

County Los Angeles

Area Alhambra (91803)

Zoning Assessor

Building

Lot Description Sidewalks

Story 2

Others

Acceptable Financing Cash, Conventional, Exchange

Space Rent $1,650

Listing Terms Cash, Conventional, Exchange

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Listed by Andrew Homs • H & M Realty Group

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

1609 S Atlantic Boulevard Alhambra, CA 91803

Glen Henderson

Glen Henderson

Key Details

Location

Building

Others

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