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Alhambra, CA 91801,1427 S Garfield AVE
Alhambra, CA 91801,1427 S Garfield AVE
Alhambra, CA 91801,1427 S Garfield AVE
$1,925,000
Est. payment /mo
$1,900,000
1.3%
Est.Price: ?

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8,738 Sqft Lot
SOLD DATE : 11/01/2022

Key Details

Sold Price $1,925,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR22189729

Year Built 1978

Lot Size 8,738 Sqft

Property Description

Whether you're looking for your next savvy investment or simply want to make the most of your purchase, don't pass up this incredible opportunity in Alhambra! It’s your chance to own a rare multi-unit building with exceptionally large 2 and 3-bedroom units with well above average sq ft. Moreover, being built in 1978 means you won’t be subject to current retrofit ordinances. With these generously sized residences, you'll have the potential to enjoy a tremendous 50+ percent upside in rental income. Live in one and lease the others to help with mortgage payments.

The well-maintained property is walled on three sides with a long driveway leading to rear, ample on-site parking for 10 cars. A fabulous location in a highly desirable neighborhood means this impressive rental complex provides the additional appeal of easy access to freeway commuting, popular nearby restaurants, and shopping. Plus, close proximity to downtown LA and surrounding cities ensures total convenience for those lucky enough to call it home. Why just read about it when you can experience it all for yourself? Come for a tour before someone else beats you to it!

Location

State CA

County Los Angeles

Area 601 - Alhambra

Zoning ALRPD*

Interior

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Fireplaces Type Living Room

Laundry Common Area, Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Assigned, Carport, Uncovered

Pool None

Community Features Street Lights

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

Building

Lot Description Front Yard

Story Two

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Carol Poh • Pacific Reliance
Bought with Carol Poh • Pacific Reliance
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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