1342 Edgewood, Alhambra, CA 91803
1342 Edgewood, Alhambra, CA 91803
1342 Edgewood, Alhambra, CA 91803
1342 Edgewood, Alhambra, CA 91803
1342 Edgewood, Alhambra, CA 91803
1342 Edgewood, Alhambra, CA 91803
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Gloria Shepard

Gloria Shepard

+1(619) 889-8498
$ 1,799,000
Est. payment | /mo

8 Beds

8 Baths

6,615 Sqft Lot

Save
$ 1,799,000
Est. payment | /mo
Save

8 Beds

8 Baths

6,615 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25241240

Bedrooms 8

Lot Size 6,615 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

OUTSTANDING POTENTIAL!!!! Large lot of 6,615! With bus connectivity and access to nearby Metro and Metrolink lines, Edgewood sits within the type of transit-connected location increasingly sought after by multifamily and redevelopment investors. This is the property you've been waiiting for! Prime 5-Unit Investment Opportunity to add extra value to any investment portfolio! An exceptional opportunity for the savvy investor this 5-unit income property is ideally located north of the 10 freeway in one of Alhambras most desirable and stable rental markets. All units are occupied with month to month tenants. Positioned in a high-demand neighborhood, the complex is conveniently close to Cal State LA, local schools, shopping, dining, and major employment hubs in Downtown Alhambra, Pasadena, and Downtown Los Angeles. Proforma reflects current market value at the time of the listing. All tenants have assigned parking, water and trash are included in the rent. This is a FANTASTIC opportunity and a great start for the new investor looking at multi-unit opportunities. Positioned in a fabulous neighborhood and set on a 6,615 sq. ft. lot, this property offers 4,422 sq. ft. of total living space with 9 bedrooms and 9 bathrooms across five units. There are four * 2 bed/2 bath units* and one *1 bed/1 bath*. All are spaciously appointed with large living rooms and each unit enjoys on-site assigned parking, a very valuable amenity for tenants in this area. Potential for additional units must be verified with the city. The property also features an **on-site laundry room** with owner-operate

Location

State CA

County Los Angeles

Zoning Assessor

Direction E. Fremont, South of Mission, W. Marengo

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5355004011

Acceptable Financing Cash, Land Contract

Listing Terms Cash, Land Contract

MLS Router / San Diego MLS
Listed by Stacy Dover, DRE#01768476 KALEO REAL ESTATE COMPANY 

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Gloria Shepard

Gloria Shepard

CA DRE #01040966

+1(619) 889-8498

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Gloria Shepard, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1342 Edgewood

QUICK SEARCH