$1,665,000
$1,650,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
621 N Stoneman AVE Alhambra, CA 91801
7,405 Sqft Lot
Key Details
Sold Price $1,665,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR20257579
Sold Date 01/11/21
HOA Y/N No
Year Built 1965
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Coldwell Banker is pleased to present a 5 unit apartment listing located in the ABSOLUTE best location North Alhambra. This 5 Unit consist 1 – 1 bedroom/1 bathroom, 2 – 2 bedroom/1 bathroom, 1 - 3 bedroom/1.75 & 1 - 3 bedroom/1.75 Townhouse. This property is has been in the family for over 40 years. Three of the units are occupied by long term tenants with extremely low rents and the other 2 units are currently vacant. A similar type of apartment building next door is renting out 2bedroom +2bathroom units for $2,095. There is also a 60+ Townhome new development across the street. All units are expected to be dated and will require some tender loving care. Due to the low rents and low cashflow, all offers will require a very high down payment or all cash and with no loan or appraisal contingencies.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Zoning ALRPD*
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Garage Assigned
Carport Spaces 7
Pool None
Community Features Urban
Parking Type Assigned
Total Parking Spaces 7
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5322032018
Energy Description 1090.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Xiao Cash Li • Keller Williams Realty