1609 Atlantic Boulevard, Alhambra, CA 91803
  • MLS#: OC24025079 ( Single Family Residence )
  • Street Address: 1609 Atlantic Boulevard
  • Viewed: 1
  • Price: $3,600,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 0
  • Days On Market: 286
  • Additional Information
  • County: LOS ANGELES
  • City: Alhambra
  • Zipcode: 91803
  • Provided by: H & M Realty Group
  • Contact: Andrew Andrew
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Rare offering of two side by side lots with a combined 22,978 sq ft, featuring 8 units totaling 6,415 sq ft of living area. The properties are located in a prime location within the Residential High Density (RH) zone in the City of Alhambra, allowing for 43 units per acre, a maximum building height of 45 feet, and a maximum of 5 stories. There is also the possibility for ADUs and Junior ADUs (Buyer to Verify). Currently set up with a mix of units including a studio, 1 bed/1 bath duplexes, and two detached SFR homesone is a 3 bed with a basement and fenced yard. All units have laundry hookups inside, except for the studio and the upstairs unit, which has a laundry room downstairs. On site parking includes 5 single car garages (standalone building with nothing above), a two car garage (with a studio attached and a unit above), a carport, and a parking space off the alley. There is also an attached owner's unit/shed with a bathroom and separate access. Additionally, plenty of street parking is located nearby. Buildings range in age, being built between 1947 1954. All units are currently rented with no back rent owed; this property rarely has vacancies. Situated in a prime location close to Pasadena, San Marino, and San Gabriel, with easy freeway access, public transportation, highly rated restaurants, entertainment, Dodger Stadium, Hollywood, golf courses, Downtown LA, Santa Anita, The Rose Bowl, retail shops, parks, Cal State LA, USC, UCLA, and more. Private propertydo not enter without written permission.
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Features
Additional Parcels Description
  1. 5356016043
Assessments
  1. Buyer to Verify
Association Fee
  1. 0.00
Building Area Total
  1. 6415.00
Carport Spaces
  1. 1.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
Country
  1. US
Days On Market
  1. 198
Electric Expense
  1. 760.29
Entry Location
  1. Front
Fuel Expense
  1. 0.00
Garage Spaces
  1. 7.00
Gardner Expense
  1. 2200.00
Insurance Expense
  1. 2967.00
Laundry Features
  1. Inside
Lockboxtype
  1. None
Lot Features
  1. Back Yard
  2. Front Yard
  3. Landscaped
  4. Lot 20000-39999 Sqft
  5. Sprinkler System
  6. Yard
Netoperatingincome
  1. 128460.00
Newtaxesexpense
  1. 37500.00
Parcel Number
  1. 5356016044
Parking Features
  1. Carport
  2. Garage
  3. On Site
Pool Features
  1. None
Postalcodeplus4
  1. 3114
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Single Family Residence
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 408791136:CRM
Spa Features
  1. None
Totalactualrent
  1. 14788.00
Totalexpenses
  1. 48876.00
Trash Expense
  1. 2474.00
Uncovered Spaces
  1. 1.00
Virtual Tour Url
  1. https://video214.com/play/ovn43SmewyaCLi6Y6CLO8A/s/dark
Water Sewer Expense
  1. 2785.00
Water Source
  1. Public
Year Built
  1. 1947
Year Built Source
  1. Assessor
Zoning
  1. ALRPD*