212 N Olive Avenue, Alhambra, CA 91801
- $1,300,000
- Sold Price
- $1,300,000
- List Price
- $1,280,000
- Closing Date
- Dec 23, 2021
- Status
- CLOSED
- MLS#
- WS21169852
- Year Built
- 1948
- Lot Size
- 8,000
- Acres
- 0.18
- Lot Location
- 2-5 Units/Acre, Front Yard, Sprinklers In Front
- Days on Market
- 0
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- One Level
Property Description
Great opportunity to own a multi-unit apartment in north Alhambra. Low vacancy rate and is fully occupied. This incredible opportunity offers a great upside of rent increase to market value. Each unit has its own small private front yard. Coin-operated washer and dryer owned and run by a laundry company. Profit is shared between the laundry company and the owner. The owner can decide to use his/her own machines and pocket 100% of income. Driveway is shared with adjacent property. Owner pays gardener, water, and gas for common water heater. Each unit has its own separate electric and gas meters.
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Additional Information
- Appliances
- Free-Standing Range, Gas Range
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Roof
- Shingle
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $4,630
- Operating Expense
- 1748
Listing courtesy of Listing Agent: CHRISTINE LEONG (cleong168@hotmail.com) from Listing Office: IRN REALTY.
Listing sold by KITTY LEE from K & D CONSULTANT INC.
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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.