612 S 6th Street, Alhambra, CA 91801
- $1,100,000
- List Price
- $1,100,000
- Status
- PENDING
- MLS#
- PW24082190
- Year Built
- 1937
- Lot Size
- 11,761
- Acres
- 0.27
- Lot Location
- Rectangular Lot
- Days on Market
- 2
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
Property Description
We are pleased to present the 6th Street Apartments, a fourplex in Alhambra, CA. This unique property features cottage-style, single-story, 1-bedroom units and has not been on the market for over 30 years. Priced at $275,000 per unit, each apartment includes individual gas and electric meters, washer and dryer hookups, and garage parking. Situated on a spacious lot of nearly 12,000 sq. ft. and boasting an approximate 6% cap rate on market rents, this property offers a solid investment opportunity in a prime location near Alhambra Golf Course. This property is ideal for investors seeking a well-priced, value-add opportunity in a sought after area.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $67,248
- Operating Expense
- 25748
Listing courtesy of Listing Agent: Ryan Loria (Ryan.Loria@TriqorGroup.com) from Listing Office: Triqor Group.
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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.