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2204 Orange Grove Avenue

Alhambra, CA 91803

$1,590,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1980

calendar_month Built

Property Description

Outstanding opportunity to purchase this triplex at 2204 Orange Grove Ave, Alhambra. The Orange Grove Triplex is in southwest Alhambra close by Fremont Ave, bordering the city of Monterey Park. This rare 1980-built triplex is in a quietand scenic residential neighborhood comprised of mostly single-family homes, great for an owner user or investor. The location provides easy access to the 10 freeway, within minutes' drive to Cal State LA, downtown LA, and the surrounding West San Gabriel Valley cities. Furthermore, the investor may be able to add (3) additional ADUs, which may allow the buyer/investor to add tremendous value by improving this property to a 6 units multifamily property and potentially achieve a higher proforma cap rate. Buyer to consult with his/her own architect/general contractor and verify with the City of Alhambra.The property has a great unit mix of (1) 3 Bed / 2 Bath downstairs, and (2) 2 Bed / 1 Bath upstairs. In the back of the building accessible from the alley way Each unit has 1 or 2 garage parking, with additional parking spaces on the large driveway in the rear. The onsite laundry room generates additional income. Buyer to verify all information herein. Broker/Agent and Seller does not guarantee its accuracy.The property is conveniently located with easy access to the 10, 60, and 710 freeways, with minutes' drive to Cal State LA and Downtown LA. The property is near 99 Ranch Market, Ralphs, The Alhambra shopping center, Fremont Elementary School, Alhambra High School (8 out of 10), and Granada Park.

Listing Information

List Price $1,590,000
Status Active
MLS P1-19362
HOA $0
Type Residential Income
Subtype Triplex
Year Built 1980
Lot Size 7,481
Structure Size N/A
DOM 4
Courtesy Of Keller Williams Realty
Listing Agent Tzu-ning Chang DRE#02028509

Interior Features

Laundry Information
Location(s) Common Area, In Garage
Total Bedroom
Bedrooms N/A

Exterior Information

Maps

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Listing information courtesy of: Tzu-ning Chang, Keller Williams Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 26th, 2024 at 12:07 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.