309 N Palm Avenue

Alhambra, CA 91801

PRICE REDUCED

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-$332,000 (-18.44%)

$1,468,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1931

calendar_month Built

Property Description

Great potential investment in this stunning 4-unit Spanish Revival property located in one of the premier locations in north Alhambra directly across from Alhambra Park and north of Main Street! All 4 units have views of Alhambra Park and its manicured greenbelt. With almost 4,400 square feet of living space, each unit averages about 1100 square feet. Beautiful high-arched ceilings in the upstairs units make it feel even more expansive. The building mix is (1) 2 bedroom 1 bath unit and (3) 1 bedroom one bath units. Each unit boasts a large living room, separate formal dining room, spacious bedrooms, updated bathrooms, and kitchens with either granite or tile. Each unit has its own private laundry room with washer and dryer hookups. There are 5 separate garages on the property and convenient off-site parking as well. The building also has a new roof! As a bonus, the adjacent public park offers extensive walking paths, a swimming pool, basketball and tennis courts. It's also easy to keep 100% rented!The hallmarks of this wonderful property are it's expansive living space at almost 4,400 square ft and it's excellent north Alhambra location. right across from Alhambra Park. Financial details are based upon projected rent. Additionally, 3 units could be reconfigured from 1 to 2 bedrooms for future additional rent potential.

Listing Information

List Price $1,468,000
Status Active
MLS P1-16860
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 1931
Lot Size 7,604
Structure Size N/A
DOM 197
Courtesy Of Bryant Companies
Listing Agent Matthew Bryant DRE#00893221

Interior Features

Laundry Information
Location(s) Inside, Laundry Room
Total Bedroom
Bedrooms N/A
Flooring Information
Material Carpet, Vinyl, Wood
Fireplace Information
Features None
Additional Information
Additional Features Ceiling Fan(s), Granite Counters, High Ceilings
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Matthew Bryant, Bryant Companies . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 27th, 2024 at 6:06 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.