Residential Income – 117 S Granada Ave, Alhambra, CA 91801, USA -001-11-30T00:00:00-08:00
Very well maintained 5 units multifamily in most desirable prime location of Alhambra City, Front unit has 3 bedrooms 2 baths include a Master Suite, other 4 units all are 2 bedrooms, 1 bath, all with gracious living area and lots of upgrades in 2005, Total
117 S Granada Ave, Alhambra, CA 91801, USA
$2,000,000 USD
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Address117 South Granada Avenue, Alhambra
Price$2,000,000
Year Built1963
Bedrooms Total0
Living Area4,609 ft2
Lot Size (Sq.Ft.)7,265
Listing IDWS19237768
StatusActive
Parcel Number5346002005
ZoningALRPD
Special ConditionsStandard
Days on Market178

Detailed Description: Very well maintained 5 units multifamily in most desirable prime location of Alhambra City, Front unit has 3 bedrooms 2 baths include a Master Suite, other 4 units all are 2 bedrooms, 1 bath, all with gracious living area and lots of upgrades in 2005, Total building size of 4,609 sq.ft. On a 7,265 sq.ft. Lot, Newly paved alley access to on site 9 parking spaces, Long term tenants, low rent, upside potential to increase, Near schools, shopping, restaurants convenient to all! Don’t miss the great investment opportunity or to live in one unit and make extra rental incomes!

Association
Laundry
Pool Private
Rent Control
Senior Community
Property Attached
Land Lease

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Address Information
Address117 South Granada Avenue, Alhambra
Street PrefixSouth
Street SuffixAvenue
CityAlhambra
Location (MLS Area)601 – Alhambra
County Or ParishLos Angeles
State or ProvinceCA
Postal Code91801
Postal Code Plus44024
CountryUS
Financial Information
Price per Square Foot$433.93
Price per Lot Square Foot$275.29
Tenant PaysElectricity, Gas
Special ConditionsStandard
Total Expenses$32,465
Operating Expense$32,465
Insurance Expense$1,800
Electric Expense$300
Water Sewer Expense$3,000
Trash Expense$600
Fuel Expense$300
Gross Income$109,200
Gross Scheduled Income$109,200
Net Operating Income$76,735
Total Actual Rent$4,750
Gross Multiplier18.32%
Tax Year2000
Tax Lot5
New Taxes Expense$26,465
Full Descriptions
Parcel Number5346002005
Detailed DescriptionVery well maintained 5 units multifamily in most desirable prime location of Alhambra City, Front unit has 3 bedrooms 2 baths include a Master Suite, other 4 units all are 2 bedrooms, 1 bath, all with gracious living area and lots of upgrades in 2005, Total building size of 4,609 sq.ft. On a 7,265 sq.ft. Lot, Newly paved alley access to on site 9 parking spaces, Long term tenants, low rent, upside potential to increase, Near schools, shopping, restaurants convenient to all! Don’t miss the great investment opportunity or to live in one unit and make extra rental incomes!
Lot FeaturesFront Yard, Lot 6500-9999
Community FeaturesSidewalks, Urban
Water SourcePublic
Laundry FeaturesCommon Area, Individual Room
Sewer DescriptionPublic Sewer
Common Walls Description2
Pool FeaturesNone
Property parameters
Year Built1963
Living Area (Sq.Ft.)4,609 ft2
Lot Size (Sq.Ft.)7,265
Lot Size (Acres)0.167
Lot Size SourceAssessor
Number of Buildings1
Number of Units Leased4
Number of Units Total5
ZoningALRPD
Parking Spaces9
Uncovered Spaces5
Carport Spaces4
Water SourcePublic
Units Total5
Year Built SourceAssessor
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Cap Rate (For Cash Payment Only)3.8
Listed withLAN XIAO (RE/MAX ELITE REALTY)