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1609 S Atlantic BoulevardAlhambra, CA 91803Price: $3,695,000

  • Price: $3,695,000
  • Est. Mortgage of $/month
  • 21 Days on Market
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Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,695,000List Price
  • 0.52Acreage

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Listed by Andrew Homs of Allison James Estates & Homes
Rare 22,978 sq foot property in the heart of Alhambra. Possibilities are endless. Currently a beautifully maintained Large 8 unit multifamily open garden property. This could be an investor/developers dream come true, so many options here! 5 Buildings spaced throughout the property to create a quiet and peaceful setting with mature fruit trees in the courtyard areas, open spaces, and green landscaping. A mix of units including a studio, 1bed/1bath duplexes, and TWO detached SFR homes- one is a 3bed with basement and fenced yard. All units have laundry hookups inside except studio and upstairs unit has a laundry room downstairs. Contact City/County to explore possibilities of adding square footage and/or additional units. Parking on site includes 5 single car garages (standalone building with nothing above), a two-car garage (with studio attached and unit above), a carport, and a parking space off the alley. Plenty of street parking is located nearby. Buildings range in age, being built between 1947-1954. All tenants are month to month, most have been at the property long term. All units are currently rented with no back rent owed; this property rarely has vacancies. Situated in a prime location close to Pasadena, San Marino and the San Gabriel with close freeway access, public transportation, highly rated restaurants, entertainment, Dodger Stadium, Hollywood, Golf Courses, Downtown LA, Santa Anita, The Rose bowl retail shops, parks, Cal State LA, USC, UCLA and more. Private Property - do not enter without written permission.

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 "Based on information submitted to CA_CRMLS as of December 4, 2021 10:52 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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