217 Atlantic Boulevard , Alhambra, CA - 91801 is For Sale

  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
  • SR24023887
$3,750,000· Income property

Description

Atlantic Apartments is an immaculately remodeled 12-unit apartment community located in Alhambra, California. Set amid lush surroundings on a 15,000 square foot lot, the 6,604 square foot property offers one- and two-bedroom apartment homes. Built in 1928 and 1949 respectively, the property offers an excellent community that offers you a wide variety of nearby attractions. * 2019-2020 Renovations Completed * Turn Key Investment Opportunity * Safe Residential Neighborhood * Excellent Tenant Base * Highly Walkable Neighborhood

Features

MLS#: SR24023887
List Price : $3,750,000
Total Units : 12
CAP rate : $4.86
Gross Operating Income : $261,027
Net Operating Income : $182,394
Sq M : 1,394 M2
Year Built : 1949
Days on market : 88 Days
Gross taxes : N/A
Address : 217 Atlantic Boulevard
City : Alhambra
State : CA
Zip Code : 91801
Neighborhood : N/A
Stories : 2
Laundry : Common Area
Parking Features : Assigned
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $3,750,000
Acres : 0.3444
Lot Size (Acres) : 0.3444
Water : Public
Sewer : Public Sewer
Parking Features : Assigned
Pool Desc : None
Driving Directions : Atlantic Blvd
Lot Features : Front Yard
 
Courtesy of : Warren Berzack , Lee & Associates

Location

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