Alhambra, CA 91801,338 N Monterey Street

$1,600,000

Est. payment /mo

$1,398,000

14.4%
Est.Price: ?

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338 N Monterey Street Alhambra, CA 91801

5,532 SqFt

SOLD DATE : 10/23/2024

Key Details

Sold Price $1,600,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 5,532 sqft

Price per Sqft $289

MLS Listing ID CRTR24195625

Sold Date 10/23/24

HOA Y/N No

Year Built 1972

Lot Size 7,928 Sqft

Acres 0.18

Property Description

Located in the heart of Alhambra, this exceptional 5-unit property presents an ideal investment with great potential for appreciation. 4 of the 5 units are leased, ensuring immediate cash flow for the new owner. The 5th unit available to be leased out in a 2 bedroom / 2bathroom. Situated in a highly convenient location, tenants enjoy close proximity to shopping, dining, entertainment, and major transportation routes, making it a highly desirable area for renters. Whether you’re a seasoned investor or looking to expand your portfolio, this property offers both stability and long-term growth potential with long-time established tenants. Don’t miss out on this rare opportunity in one of Alhambra’s most sought-after locations!

Location

State CA

County Los Angeles

Area Listing

Zoning ALRP

Interior

Fireplace No

Laundry Community Facility

Exterior

View Y/N false

View None

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 5337004002

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Bridge MLS
Listed by Nancy Liu • ReMax 2000 Realty
Bought with YuqingWang

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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