2204 Orange Grove Avenue, Alhambra, CA 91803
  • MLS#: P1-19362 ( Triplex )
  • Street Address: 2204 Orange Grove Avenue
  • Viewed: 1
  • Price: $1,590,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1980
  • Bldg sqft: 0
  • Days On Market: 57
  • Additional Information
  • County: LOS ANGELES
  • City: Alhambra
  • Zipcode: 91803
  • Subdivision: Not Applicable
  • Provided by: Keller Williams Realty
  • Contact: Tzu-ning Tzu-ning
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Outstanding opportunity to purchase this triplex at 2204 Orange Grove Ave, Alhambra. The Orange Grove Triplex is in southwest Alhambra close by Fremont Ave, bordering the city of Monterey Park. This rare 1980 built triplex is in a quietand scenic residential neighborhood comprised of mostly single family homes, great for an owner user or investor. The location provides easy access to the 10 freeway, within minutes' drive to Cal State LA, downtown LA, and the surrounding West San Gabriel Valley cities. Furthermore, the investor may be able to add (3) additional ADUs, which may allow the buyer/investor to add tremendous value by improving this property to a 6 units multifamily property and potentially achieve a higher proforma cap rate. Buyer to consult with his/her own architect/general contractor and verify with the City of Alhambra.The property has a great unit mix of (1) 3 Bed / 2 Bath downstairs, and (2) 2 Bed / 1 Bath upstairs. In the back of the building accessible from the alley way Each unit has 1 or 2 garage parking, with additional parking spaces on the large driveway in the rear. The onsite laundry room generates additional income. Buyer to verify all information herein. Broker/Agent and Seller does not guarantee its accuracy.The property is conveniently located with easy access to the 10, 60, and 710 freeways, with minutes' drive to Cal State LA and Downtown LA. The property is near 99 Ranch Market, Ralphs, The Alhambra shopping center, Fremont Elementary School, Alhambra High School (8 out of 10), and Granada Park.
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Features
Appliances
  1. None
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 3074.00
Common Walls
  1. No Common Walls
Construction Materials
  1. Drywall Walls
Days On Market
  1. 428
Electric Expense
  1. 300.00
Fencing
  1. Wrought Iron
Fuel Expense
  1. 1080.00
Garage Spaces
  1. 4.00
Gardner Expense
  1. 1440.00
Insurance Expense
  1. 2300.00
Laundry Features
  1. Community
  2. In Garage
Levels
  1. Two
Lockboxtype
  1. None
Netoperatingincome
  1. 58170.00
Newtaxesexpense
  1. 19715.00
Parcel Number
  1. 5352020007
Parking Features
  1. Garage
  2. Driveway
Pool Features
  1. None
Property Type
  1. Triplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. 2024092303563710793300...
Sourcesystemkey
  1. 20240923035637107933000000:CRF
Spa Features
  1. None
Subdivision Name Other
  1. Not Applicable
Totalactualrent
  1. 7521.00
Totalexpenses
  1. 28255.00
Trash Expense
  1. 500.00
Uncovered Spaces
  1. 8.00
View
  1. None
Water Sewer Expense
  1. 1920.00
Water Source
  1. Public
Year Built
  1. 1980
Year Built Source
  1. Public Records