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20 W Grand Ave 8 Unit Apartment Building $3,271,056 CAD ($408,882 CAD/Unit) Alhambra, CA 91801
Investment Highlights
- Eight-unit multifamily property with 100% occupancy, ensuring immediate income stability.
- Situated on an 8,501-square-foot lot in a highly accessible Alhambra neighborhood.
- Convenient access to I-10 and I-710, providing connectivity to Pasadena and Downtown Los Angeles.
- Recent capital improvements include a new roof, exterior paint, and resurfaced asphalt.
- Close to major cultural attractions, shopping, and dining, including Edwards Alhambra Renaissance and Gen Korean BBQ House.
- Located in a strong rental market with a history of consistent occupancy.
Executive Summary
Introducing an exceptional investment opportunity at 20 W Grand Ave, Alhambra, CA 91801. This 4,916 SF, 8-unit property, built in 1950, offers a prime location and a 100% occupancy rate. Recent upgrades include a new roof, new asphalt, and new exterior paint. It presents a lucrative prospect for the discerning Multifamily/Low-Rise/Garden investor. With its solid rental history, this property promises a compelling return on investment. Don't miss your chance to capitalize on this high-performing asset in the sought-after Alhambra area.
Property Facts
| Price | $3,271,056 CAD | Building Class | C |
| Price Per Unit | $408,882 CAD | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 8,440 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Parking Ratio | 0.71/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | ALRPD* - Residential | ||
| Price | $3,271,056 CAD |
| Price Per Unit | $408,882 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 8,440 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 0.71/1,000 SF |
| Zoning | ALRPD* - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
1 1
Walk Score®
Walker's Paradise (91)
Property Taxes
| Parcel Number | 5337-008-028 | Improvements Assessment | $2,297,164 CAD |
| Land Assessment | $992,602 CAD | Total Assessment | $3,289,766 CAD |
Property Taxes
Parcel Number
5337-008-028
Land Assessment
$992,602 CAD
Improvements Assessment
$2,297,164 CAD
Total Assessment
$3,289,766 CAD
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20 W Grand Ave
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