120 Grand Avenue, Alhambra, CA 91801
  • MLS#: AR25081428 ( Apartment )
  • Street Address: 120 Grand Avenue
  • Viewed: 3
  • Price: $6,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1971
  • Bldg sqft: 0
  • Days On Market: 11
  • Additional Information
  • County: LOS ANGELES
  • City: Alhambra
  • Zipcode: 91801
  • Provided by: Coldwell Banker Realty
  • Contact: Matt Cuong Matt Cuong
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Discover an exceptional investment opportunity in North Alhambra, CA, with this 18 unit apartment complex plus an approved, ready to build 1 unit ADU, just two blocks from vibrant Downtown Alhambra. Featuring spacious units with large balconies, 38 subterranean parking spaces, central air, updated plumbing, and an elevator, this secured building offers modern comfort and significant upside potential. Perfectly situated within walking distance to City Hall, shopping, restaurants, and parks, this property combines prime location with convenience, making it an ideal choice for savvy investors or developers looking to capitalize on Alhambras thriving market.
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Features
Association Fee
  1. 0.00
Building Area Total
  1. 23237.00
Carport Spaces
  1. 38.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
Country
  1. US
Direction Faces
  1. North
Door Features
  1. Atrium Doors
Electric Expense
  1. 2400.00
Entry Location
  1. Front
Fencing
  1. None
Fireplace Features
  1. None
Fuel Expense
  1. 6000.00
Garage Rental Rate
  1. 0.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 1300.00
Heating
  1. Central
Insurance Expense
  1. 8344.00
Interior Features
  1. Balcony
Laundry Equipment Own Lease
  1. Lease
Laundry Features
  1. Common Area
Laundry Income
  1. 5000.00
Levels
  1. One
Lot Features
  1. 16-20 Units/Acre
Netoperatingincome
  1. 287778.00
Newtaxesexpense
  1. 75000.00
Number Of Separate Electric Meters
  1. 19
Otherexpense
  1. 3561.00
Otherexpensedescription
  1. Elevator
Parcel Number
  1. 5337012020
Parking Features
  1. Assigned
Pest Control Expense
  1. 1300.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 5628.00
Property Type
  1. Apartment
Roof
  1. Composition
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 436351268:CRM
Tenant Pays
  1. Electricity
Totalactualrent
  1. 33801.00
Totalexpenses
  1. 135146.00
Trash Expense
  1. 4400.00
Vacancyallowance
  1. 12888
View
  1. Mountain(s)
Water Sewer Expense
  1. 4400.00
Water Source
  1. Public
Year Built
  1. 1971
Year Built Source
  1. Assessor
Zoning
  1. ALRPD*