1420 S 2nd Street A, Alhambra, 91801

Residential Income For Sale

$2,050,000

Beds
Baths
5,796Sqft
.2Acres
3Garages
1965Built
11DOM
MLS® #: PW19260547
Active, 11 Days on Market

The 2nd Street Apartments is a 6-unit investment property in the desirable city of Alhambra, CA. The apartments have a preferable unit mix of (1) 2-story, 3-bedroom 1 & 1/2-bath unit, (4) 2-bedroom 1-bath units, and (1) 1-bedroom 1-bath unit. Each unit is very spacious and the property provides a shared laundry facility with plenty of parking. This investment property has been well maintained by the same owner for over 20 years and is located in non-rent controlled Los Angeles County. The 2nd Street Apartments are a 5% Cap Rate on market and have 25% upside in rents. Positioned to be a great value add property in a strong rental market less than one block from Valley Boulevard, one of the major throughfares in Alhambra.

Essential Information

MLS® #: PW19260547
Price: $2,050,000
Bathrooms: 0.00
Square Footage: 5,796
Acres: 0.20
Year Built: 1965
Type: Residential Income
Status: Active

Community Information

Address: 1420 S 2nd Street A
Area: Wrigley Area (5)
City: Alhambra
County: Los Angeles
State: CA
Zip Code: 91801

Amenities

Parking Spaces: 3
# of Garages: 3

Exterior

Lot Description: Landscaped

Additional Information

Date Listed: November 7th, 2019
Days on Market: 11
Zoning: ALP*

Listing Details

Listing Agent: Gary Tolfa(00955403)
Listing Office: Triqor Group

Financials

$/SqFt: $354

Properties for Sale Similar to 1420 S 2nd Street A, Alhambra, CA

Incredible Opportunity To Own A Unique Apartmen...

Photo of Listing #TR19236811

$2,380,000 Active

  • 0.17 Acres
  • 5,548 ft²

Residential Income

213 S Atlantic Boulevard, Alhambra, CA

MLS® #TR19236811

Incredible Opportunity To Own A Unique Apartment In An Exclusive Alhambra Neighborhood. This Highly-functional Apartment Comes With 16 Units. The Original Layout Of 4 Units Has Been Partitioned Into 16 Units For More Units To Lease Out To Tenants On A Month...

Century 21 Care

Very Well Maintained 5 Units Multifamily In Mos...

Photo of Listing #WS19237768

$2,000,000 Active

  • 0.17 Acres
  • 4,609 ft²

Residential Income

117 S Granada Avenue 1, Alhambra, CA

MLS® #WS19237768

Very Well Maintained 5 Units Multifamily In Most Desirable Prime Location Of Alhambra City , Front Unit Has 3 Bedrooms 2 Baths Include A Master Suite, Other 4 Units All Are 2 Bedrooms , 1 Bath, All With Gracious Living Area And Lots Of Upgrades In 2005 , T...

RE/MAX ELITE REALTY

Current Property Has Excellent Rental Income. T...

Photo of Listing #AR19221360

$1,688,000 Active

  • 0.16 Acres
  • 2,997 ft²

Residential Income

820 822 N Garfield Avenue, Alhambra, CA

MLS® #AR19221360

Current Property Has Excellent Rental Income. This Is A Great Opportunity. Duplex Just Finished In January 2018 Per Seller! Each Unit Has 3bd, 3bth, And 3 Car Garage. Front Unit Is 1499sqft And Back Unit Is 1498sqft Per Seller. Located In The Beautiful Neig...

Coldwell Banker George Realty

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS®, Inc.

Listing information last updated on November 19th, 2019 at 3:17pm PST.

Based on information from California Regional Multiple Listing Service, Inc. as of November 19th, 2019 at 3:16pm PST. 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.