$2,100,000

Apartment Alhambra

  • 4,046 Sqft
  • 8,922 Sqft lot
  • Updated: Yesterday
  • 1
  • MLS#P1-26525

About the Property

Opportunity to purchase a 7 units multifamily investment property situated in a highly desirable pocket of Alhambra, in the heart of the San Gabriel Valley. The property benefits from exceptional accessibility to major thoroughfares including Valley Blvd and the I-10, I-710 and SR-60 freeways, placing residents within minutes of premier dining, retail, Cal State LA, and employment hubs throughout
Opportunity to purchase a 7 units multifamily investment property situated in a highly desirable pocket of Alhambra, in the heart of the San Gabriel Valley. The property benefits from exceptional accessibility to major thoroughfares including Valley Blvd and the I-10, I-710 and SR-60 freeways, placing residents within minutes of premier dining, retail, Cal State LA, and employment hubs throughout Alhambra, Monterey Park, and Downtown Los Angeles. The property has demonstrated stable in-place income with long-term tenants, offering investors immediate cash flow with the opportunity to organically increase rents to market over time. Currently there are three (3) vacant units, allowing investors to upgrade the units and lease up at premium market rent. Additionally, the layout and lot configuration may present ADU potential (buyer to verify), providing a clear path to further increase income and overall asset value. With a total building size of +/-4,046 SF sitting on a +/-8,919 SF lot, the asset consists of 7 well-maintained units with an efficient unit mix of six (6) 1 Bed / 1 Bath, and one (1) 2 Bed / 1 Bath. Each unit is thoughtfully designed and benefits from two (2) dedicated parking spaces (garage + driveway)--a rare and highly desirable amenity that significantly enhances tenant appeal and retention. The buildings are well-maintained featuring: wood and tile flooring, copper plumbing, private storage units, private patio (for the 2-bedroom unit). The onsite laundry room generates additional income. With its combination of prime location, strong rental fundamentals, parking-rich configuration, and future upside, 2745 S Fremont Ave represents an ideal acquisition for both seasoned investors and those seeking a stable long-term hold in a high-demand rental market. Note: Buyer to verify all information herein. Broker/Agent and Seller do not guarantee its accuracy.
  • Property type

    Apartment

  • Year built

    1959

  • Price/sqft

    $519

Features

  • Garage
  • Equestrian
  • Laundry Room
  • Investment Property
  • Parking

Explore the Area

2745 S Fremont Avenue, Alhambra, CA 91803, California, United States View on Google Maps
Price per sqft
Low
High

View 57 more listings in Alhambra

Steve Chang

Joined 4 years ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Steve Chang
United States
View agency profile
1
Listings
2024
Joined

Book home tour with Steve Chang

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Pasadena, CA
Pasadena, CA
199 South Los Robles, Suite 130, 91101, Pasadena, United States
View agency profile
Last updated
Yesterday
First listed
Apr 2
Agent licence
#02028509
Listing reference
2100369703548220
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference 2100369703548220, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with