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745 S Chapel Ave 4 Unit Apartment Building $2,282,593 CAD ($570,648 CAD/Unit) Alhambra, CA 91801
EXECUTIVE SUMMARY
Epitome CRE is proud to present a unique value-add or redevelopment opportunity up to 10 units in the heart of Alhambra. This stabilized asset offers a 4.5%+ Pro Forma Cap Rate due to a significant upside potential through rental increases. The property features 1 detached unit and 3 attached units. Front House: 942 square feet 2 bed / 1.25 bath with a detached 2-car garage. Middle Units (2): Identical 1 bed / 1 bath layouts mirror image to each other. Rear Unit: Fully remodeled 2 bed / 1 bath also the largest floorplan. The rear three attached units totals 2,164 square feet. Roof is 2 year old.
PROPERTY FACTS
| Price | $2,282,593 CAD | Building Class | C |
| Price Per Unit | $570,648 CAD | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 3,106 SF |
| Sale Condition | Redevelopment Project | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1928 |
| Property Subtype | Apartment | ||
| Zoning | RM - Medium Density Residential | ||
| Price | $2,282,593 CAD |
| Price Per Unit | $570,648 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 3,106 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1928 |
| Zoning | RM - Medium Density Residential |
AMENITIES
UNIT AMENITIES
- Kitchen
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 6+4.5 | 4 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 5347-017-002 | Improvements Assessment | $204,867 CAD |
| Land Assessment | $448,371 CAD | Total Assessment | $653,238 CAD |
PROPERTY TAXES
Parcel Number
5347-017-002
Land Assessment
$448,371 CAD
Improvements Assessment
$204,867 CAD
Total Assessment
$653,238 CAD
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745 S Chapel Ave
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