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856 Alameda Street, Altadena, CA 91001
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856 Alameda Street
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Virtual Tour
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  • MLS#: CV24237527 ( Commercial/Residential )
  • Street Address: 856 Alameda Street
  • Viewed: 19
  • Price: $4,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1987
  • Bldg sqft: 0
  • Days On Market: 59
  • Additional Information
  • County: LOS ANGELES
  • City: Altadena
  • Zipcode: 91001
  • Provided by: EXP REALTY OF CALIFORNIA INC
  • Contact: Alexis Alexis
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Discover an exceptional residential income property in a highly sought after Altadena neighborhood. This versatile investment features four separate buildings with a total of nine income generating units, including one single family residence, two duplexes, and one four plex. Unit numbers include 1, 1A, 2, 3, 3A, 4, 5, 5B, and 6. The property offers a mix of layouts to cater to diverse tenant needs, with highlights such as 8 covered carport spaces, 2 uncovered spaces, and a shared laundry area, while Units #1, #2, and #4 enjoy the added convenience of interior laundry. Designed for ease of management, this low maintenance property includes 6 gas meters and 7 electric meters, ensuring efficient operation. Select units feature private enclosed yards, and all are equipped with wall A/C and heaters. There are also two storage units on the property. The buildings are thoughtfully laid out, with Unit #6 as a standalone home, Units #5 and #5B forming a duplex, Units #2 and #4 featuring an upper/lower duplex design, and Units #1, 1A, 3, and 3A comprising a four plex. The property has been meticulously maintained, with roofs in great condition at just 15 years old, freshly landscaped grounds, and recently remodeled interiors. This is a prime investment opportunity offering stable rental income and significant upside potential in a fantastic location. Contact us today and be sure to check out our video tour!
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Features
Association Fee
  1. 0.00
Building Area Total
  1. 6812.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
Country
  1. US
Days On Market
  1. 13
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 18650.00
Laundry Features
  1. Common Area
  2. Inside
  3. See Remarks
Levels
  1. One
  2. Two
Lockboxtype
  1. None
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 272029.00
Otherexpense
  1. 21561.00
Otherexpensedescription
  1. Taxes
Parcel Number
  1. 5845024025
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 427629975:CRM
Tenant Pays
  1. Electricity
Totalactualrent
  1. 23050.00
Totalexpenses
  1. 44771.00
Trash Expense
  1. 2400.00
Views
  1. 19
Virtual Tour Url
  1. https://www.youtube.com/watch?v=XOxdI4wheCA
Water Sewer Expense
  1. 2160.00
Water Source
  1. Public
Year Built
  1. 1987
Year Built Source
  1. Assessor
Zoning
  1. LCR2YY