Alhambra, CA 91801,212 N Olive AVE

$1,300,000

$1,280,000

1.6%
Est.Price: ?

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Est. payment /mo

8,001 Sqft Lot


SOLD DATE : 12/23/2021

Key Details

Sold Price $1,300,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS21169852

Sold Date 12/23/21

HOA Y/N No

Year Built 1948

Lot Size 8,001 Sqft

Lot Dimensions Assessor

Property Sub-Type Quadruplex

Property Description

Great opportunity to own a multi-unit apartment in north Alhambra. Low vacancy rate and is fully occupied. This incredible opportunity offers a great upside of rent increase to market value. Each unit has its own small private front yard. Coin-operated washer and dryer owned and run by a laundry company. Profit is shared between the laundry company and the owner. The owner can decide to use his/her own machines and pocket 100% of income. Driveway is shared with adjacent property. Owner pays gardener, water, and gas for common water heater. Each unit has its own separate electric and gas meters.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Zoning ALRPD*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Free-Standing Range, Gas Range

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 4.0

Garage Description 4.0

Fence Chain Link

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Shingle

Accessibility No Stairs

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre, Front Yard, Sprinklers In Front

Faces South

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5338023008

Energy Description 517.0

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by CHRISTINE LEONG • IRN REALTY
Bought with KITTY LEE • K & D CONSULTANT INC.
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+1(714) 743-9882

info@gatehouseproperties.com

Costa Mesa, CA, 92626, United States

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