225 Palmetto Drive, Alhambra, CA 91801
  • MLS#: OC23107462 ( Multi Family )
  • Street Address: 225 Palmetto Drive
  • Viewed: 1
  • Price: $4,999,988
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 516
  • Additional Information
  • County: LOS ANGELES
  • City: Alhambra
  • Zipcode: 91801
  • Provided by: Cindy Chin Realty
  • Contact: Cindy Cindy
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Cindy Chin Realty Intl is proud to exclusively present an exceptional commercial investment opportunity at 225 Palmetto Drive, Alhambra, CA. This multi family property is a 15 unit residential building that stands as a testament to prime real estate for savvy investors. Comprising a diverse array of meticulously designed units, including 1 bedroom, 2 bedroom, and 3 bedroom layouts, this property offers a comprehensive range of housing options. Each unit ensures tenant satisfaction and consistent occupancy rates. Currently operating at full capacity with a 100% occupancy rate, this investment boasts a robust cash flow potential that promises substantial returns. Priced at an attractive $333,333 per unit, this investment represents an unparalleled opportunity to tap into the real estate market. The combination of its prime location, diverse unit offerings, full occupancy, and meticulous renovation makes it a strong contender for those seeking stable, long term income. Positioned in the heart of Alhambra, this investment promises not only immediate returns but also capital appreciation over time. With a strategic focus on cash flow, 225 Palmetto Drive offers an exceptional prospect for investors who recognize the potential in this remarkable property. Don't miss out on the chance to capitalize on this commercial investment gem. Secure your stake in a future of steady returns and lasting value. Contact us today to seize this lucrative investment opportunity.
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Features
Assetclass
  1. Multi-Family
Building Area Total
  1. 11110.00
Commoninterest
  1. None
Country
  1. US
Land Use
  1. Multi-Family
Laundry Features
  1. Community
  2. Individual Room
Laundry Income
  1. 6000.00
Netoperatingincome
  1. 320000.00
Otherincome1
  1. 13200.00
Parcel Number
  1. 5347004016
Postalcodeplus4
  1. 4363
Property Type
  1. Multi Family
Water Source
  1. Public
Year Built
  1. 1963
Year Built Source
  1. Assessor