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612 S 6th ST Alhambra, CA 91801
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Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRPW24082190
Sold Date 06/21/24
Originating Board California Regional MLS
Year Built 1937
Lot Size 0.270 Acres
Property Sub-Type Fourplex
Property Description
We are pleased to present the 6th Street Apartments, a fourplex in Alhambra, CA. This unique property features cottage-style, single-story, 1-bedroom units and has not been on the market for over 30 years. Priced at $275,000 per unit, each apartment includes individual gas and electric meters, washer and dryer hookups, and garage parking. Situated on a spacious lot of nearly 12,000 sq. ft. and boasting an approximate 6% cap rate on market rents, this property offers a solid investment opportunity in a prime location near Alhambra Golf Course. This property is ideal for investors seeking a well-priced, value-add opportunity in a sought after area.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Interior
Laundry Gas Hookup, 30
Exterior
Garage Spaces 5.0
Pool None
Building
Water District - Public
Others
Tax ID 5347002018
Special Listing Condition Not Applicable
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Bought with Ryan Loria