Bought with Yuqing Wang • Re/Max Premier Prop Arcadia
$1,600,000
$1,398,000
14.4%For more information regarding the value of a property, please contact us for a free consultation.
338 N Monterey Street Alhambra, CA 91801
5,532 SqFt
Key Details
Sold Price $1,600,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,532 sqft
Price per Sqft $289
MLS Listing ID CRTR24195625
Sold Date 10/23/24
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1972
Lot Size 7,928 Sqft
Property Description
Located in the heart of Alhambra, this exceptional 5-unit property presents an ideal investment with great potential for appreciation. 4 of the 5 units are leased, ensuring immediate cash flow for the new owner. The 5th unit available to be leased out in a 2 bedroom / 2bathroom. Situated in a highly convenient location, tenants enjoy close proximity to shopping, dining, entertainment, and major transportation routes, making it a highly desirable area for renters. Whether you’re a seasoned investor or looking to expand your portfolio, this property offers both stability and long-term growth potential with long-time established tenants. Don’t miss out on this rare opportunity in one of Alhambra’s most sought-after locations!
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Community Facility
Exterior
View None
Parking Type Assigned, Other
Building
Water Public
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