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For SaleLuxury

$1,800,000

8,664 sqft$208/sqft16 days on market

1712 S 2nd Street

Alhambra, CA 91801

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

8,664

Square feet

1949

Built

Listing narrative

Description

Can be Sold Together or Separate from 1706 S 2nd St, Alhambra (10 Units). Contiguous building. We are pleased to present the opportunity to acquire this 7 unit multifamily property located at 1712 S 2nd St in Alhambra, California. Built in 1949, the property consists of approximately 3,290 square feet situated on an 8,661-square-foot lot, featuring Two 2-Bed 1-Bath, Two 1-Bed 1-Bath, and Three Studio units. Located in the desirable San Gabriel Valley submarket of Los Angeles County, the property benefits from its proximity to established residential neighborhoods, retail amenities, and major employment centers. The property has 5 carports, plus street parking available. The property is home to approximately 53,381 residents with an average household income of $113,426. With approximately 62.6% of occupied housing units renter-occupied, the surrounding area demonstrates an established rental housing market. Residents benefit from convenient access to Valley Boulevard, Garfield Avenue, nearby schools, shopping, dining, and surrounding communities including Monterey Park, San Gabriel, and Pasadena. 1712 S 2nd St offers investors an opportunity to acquire an established multifamily asset in a supply-constrained Southern California market, supported by strong surrounding demographics, an established renter base, and a desirable San Gabriel Valley location.

Listing agent (MLS): Mark Bridge · Listing brokerage (MLS): Mark Bridge, Broker

Property Details

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Price

$1,800,000

Beds

Beds n/a

Type

Condo

Home Size

8,664 sqft

Baths

Baths n/a

Lot Size

0.20 acres

Year

1949

Status

For Sale

Days on Market

16

$ / Sqft

$208

· 8% down, 7% APR, 30yr fixed
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Courtesy of Mark Bridge, Broker