2121 El Paseo, Alhambra, CA 91803

$2,980,000

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List Price
$2,980,000
Price Change
▼ $300,000 1774961061
Status
ACTIVE
MLS#
AR25183409
Year Built
1989
Lot Size
12,162
Acres
0.28
Lot Location
6-10 Units/Acre, Sprinkler System
Days on Market
348
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Three Or More Levels

Property Description

Rare find with high income potential, a unique opportunity to acquire the 8 unit apartment building located in Alhambra, CA. 2121 El Paseo is close to key amenities including shopping, restaurants and coveted beaches, this building will attract high-income tenants looking for a vibrant downtown lifestyle. At present, this property, fully leased to tenants all current with their leases, is in a unique position because of its outstanding location, its potential for increased income, to be a significant & unique addition to one’s real estate investment portfolio and/or a great 1031 Exchange.

Additional Information

Pool Description
None
Fireplace Description
Family Room, Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
Garage Spaces Total
8
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
8
Gross Scheduled Income
$197,280
Operating Expense
69062

Listing courtesy of Listing Agent: Qing Song Huang (qing@boulderfg.com) from Listing Office: Boulder Realty Inc.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.