Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

6

Building size

7,061 sqft

Lot size

9,600 sqft

Year built

1979

Stories

2

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

0

MLS #

247566844

About this property

Prime Alhambra 6-unit investment opportunity! Ideally located just half a block from the vibrant Valley Blvd. and Garfield Ave. Corridor, this well-maintained multifamily property offers an excellent combination of location, condition, and long-term investment potential. Most units have been extensively remodeled, with additional improvements including a roof replaced in 2018 and newer central A/C systems. The property is currently fully occupied with long-term tenants and consistent rental performance. Residents enjoy convenient access to restaurants, shopping, banking, public transportation, and nearby schools. Easy freeway access connects the property to Downtown Los Angeles, USC Health Sciences Campus, Cal State LA, and major employment centers. A rare opportunity to acquire a 6-unit property in a convenient and highly sought-after Alhambra location.

Location

1512 S 3rd Street

Alhambra, Los Angeles, CA, 91803