Listing photo for 225 Palmetto Dr, Alhambra, CA

225 Palmetto Dr,

Alhambra, CA


11,110 Sqft
0.38 Acres

We're pleased to present the rare opportunity to acquire a 15-unit multi-family investment in Alhambra, California. The property is located at 225 Palmetto Drive, Alhambra, one of the most desirable city in Los Angeles County. This medium-sized multi-family Asset located in a market with solid demographics and unique accessibility to major employment hubs, providing access to a growing number of retail and restaurant amenities. The spacious unit mix consists of 7 one-bedroom/ one-bath units, 7 two-bedroom/one-bath units, and 1 three-bedroom/ two-bedroom unit. This property offers upscale for investors to invest an asset with well-maintained condition. Seven units have been fully renovated. Ideal for 1031 exchange with potential upside. 4.47% IN PLACE CAP RATE IN ALHAMBRA.

Facts & Features
MLS® # TR19087505
Price $4,380,000
Bathrooms 0.00
Square Footage 11,110
Acres 0.38
Year Built 1963
Type Residential Income
Status Closed
Community Information
Address 225 Palmetto Dr
Area Alhambra (601)
City Alhambra
County Los Angeles
State CA
Zip Code 91801
Is Waterfront No
Has Pool No
Fireplace No
Lot Description 11-15 Units/Acre
Additional Information
Date Listed April 17th, 2019
Days on Market 22
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Agent Jared Leung(01985447)
Office MacroReal Inv Grp Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of December 6th, 2019 at 5:55pm CST. 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.

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