Bought with Ryan Loria • Triqor Group
$1,100,000
$1,100,000
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612 S 6th Street Alhambra, CA 91801
1,952 SqFt
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,952 sqft
Price per Sqft $563
MLS Listing ID CRPW24082190
Sold Date 06/21/24
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1937
Lot Size 0.270 Acres
Property Description
We are pleased to present the 6th Street Apartments, a fourplex in Alhambra, CA. This unique property features cottage-style, single-story, 1-bedroom units and has not been on the market for over 30 years. Priced at $275,000 per unit, each apartment includes individual gas and electric meters, washer and dryer hookups, and garage parking. Situated on a spacious lot of nearly 12,000 sq. ft. and boasting an approximate 6% cap rate on market rents, this property offers a solid investment opportunity in a prime location near Alhambra Golf Course. This property is ideal for investors seeking a well-priced, value-add opportunity in a sought after area.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Gas Dryer Hookup, Other
Building
Lot Description Other
Water Public
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