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The income property you've been waiting for! 200-202 S. Almansor Street is an incredibly rare find & an ideal location just blocks away from Alhambra's thriving downtown. This property features a front house, a back house, an ADU/ ''Tiny House'' (unpermitted but removable if desired) in the far rear, & plenty of parketing. On the main level of the front house, find a comfortable living room with a handsome fireplace, an open kitchen that flows to the dining area, a bedroom, & a 3/4 bathroom. Upstairs, find the spacious and elegant master bedroom ensuite along with two additional bedrooms sharing a full bathroom. An attached 2-car garage with laundry completes the front house. The back house has a open concept floorplan on the main level, including a powder room. Upstairs, find 2 bedrooms with a shared bathroom. The back house also offers an attached 2-car garage. Behind the back house, find a functional and private ''Tiny House.'' Per the owners, this Tiny House is the most sought-after Airbnb rental in the area and generates $70/day of rental income with a very high occupancy rate. The owners have been generating $7,800 of monthly rental income! This cash flow positive property with an incredible 5% cap rate will not be available for long! Don't miss out
Based on information from California Regional Multiple Listing Service, Inc. as of May 25th, 2020 at 3:31am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.