Skip To Content
    Return to Previous Page

    111 N Atlantic Blvd

    Alhambra, CA 91801
    • $2,100,000
    • STATUS: Active
    • ON SITE: 69 days
    • ID#: 20-604584
    UPDATED: 45 min ago
    $2,100,000
    • 10
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,452
      SQFT
    • $385
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:
    Area:

    School Ratings & Info

    Description

    Pacific Partners of Colliers International is pleased to present for sale the multi-family investment property located at 111 North Atlantic Boulevard in Alhambra, California. The property consists of two, 2-bedroom/1-bathroom, and six, 1-bedroom/1-bathroom units. The building totaling 5,452 sqft. is comprised of eight units. All units have long-term tenants paying below market rents which give investors opportunity to renovate and realize huge upside on the property. Conveniently located near Alhambra Main Street, this property is easily accessible for tenants. This area of Alhambra is packed with residential amenities including schools, parks, shopping centers, restaurants, and access to transportation. This neighborhood of Alhambra is home to a multitude of residential buildings, including single family homes as well as multi-family apartment buildings meaning residential services are abundant in this area. Drive-by only.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-23T17:42:46.51. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/107879526
    Print Image

    111 N Atlantic Blvd Alhambra, CA 91801

    • Price: $2,100,000
    • Status: Active
    • Updated: 45 min ago
    • ID#: 20-604584
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    5,452
    SQFT
    $385
    $/SQFT
    1949
    Built
    Neighborhood:
    Alhambra
    County:
    Los Angeles
    Area:
    Alhambra
    Property Description
    Pacific Partners of Colliers International is pleased to present for sale the multi-family investment property located at 111 North Atlantic Boulevard in Alhambra, California. The property consists of two, 2-bedroom/1-bathroom, and six, 1-bedroom/1-bathroom units. The building totaling 5,452 sqft. is comprised of eight units. All units have long-term tenants paying below market rents which give investors opportunity to renovate and realize huge upside on the property. Conveniently located near Alhambra Main Street, this property is easily accessible for tenants. This area of Alhambra is packed with residential amenities including schools, parks, shopping centers, restaurants, and access to transportation. This neighborhood of Alhambra is home to a multitude of residential buildings, including single family homes as well as multi-family apartment buildings meaning residential services are abundant in this area. Drive-by only.
    Exterior Features

    Carport Spaces Total 8 Levels Two Lot Size Area 12022 Other Structures None Parking Garage CarportParking Space Style Low Rise Total Parking 12

    Interior Features

    Baths Total 8.00 Cooling Wall Unit(S) Equipment Range/OvenRefrigerator Heating Forced Air

    Property Features

    Gross Income 101558 Gross Operating Income 98540 Like Units1 2 Like Units2 6 Net Operating Income 59253.00 Number Of Buildings 1 Number Of Units 8 Owner Pays Water Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 39288 Type Of Units Aparmtent Water Public Water Heaters YN Yes Year Built Source Assessor Zoning Alrpd*

    Listing provided courtesy of Edward Pan DRE#01894476 of Colliers International Greater Los Angel.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-23T17:42:46.51. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-604584-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-604584-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-604584-2.jpg
    Logo
    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355