A rare opportunity to acquire a 6-unit multifamily property located in the heart of Alhambra. Situated just north of Main Street, this well-positioned asset offers stability and long-term growth potential in one of San Gabriel Valley’s most desirable rental markets. The property consists of two buildings with a total of six well-maintained 1 bed/1 bath units, one of which is newly renovated. Gross Scheduled Rent totals $137,520. Each unit enjoys its own one-car garage and one additional driveway space. The building does not have gas, and each unit is separately metered for electric. There is a laundry unit in the rear building and a courtyard space between the two buildings. Lastly, the rear 3 units and their corresponding garages have alley access. With its central location, residents enjoy easy access to Downtown Alhambra’s vibrant dining, retail, and entertainment options, as well as close proximity to schools, parks, and major freeways (I-10, 710, and 210), ensuring convenient commutes throughout the Greater Los Angeles area. This property presents an exceptional opportunity for investors seeking steady income, long-term appreciation, and a foothold in a strong rental market.
For sale
Listing Provided by:
Shant Dimijian DRE #01988179 626-264-4444,
Berkshire Hathaway Home Services Golden Properties,
Ohanes Dimejian DRE #00945543 626-355-1600,
Berkshire Hathaway HomeServices
$1,688,000
109-111 N Marguerita Ave, Alhambra, CA 91801
6beds
6baths
3,183sqft
Est.:
Multi Family
Built in 1959
-- sqft lot
$1,707,800 Zestimate®
$530/sqft
$-- HOA
What's special
Courtyard spaceAlley access
- 67 days |
- 345 |
- 20 |
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