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223 S 5th ST Alhambra, CA 91801
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Key Details
Sold Price $2,025,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR19217559
Sold Date 04/03/20
HOA Y/N No
Year Built 1963
Lot Size 7,405 Sqft
Acres 0.17
Property Description
The Growth Investment Group is proud to present 223 S 5th Street, a 6-unit multifamily property located in the highly desirable city of Alhambra, California. This property consists of ±5,048 sqft of living space situated on a large ±7,600 sqft lot. It offers a superb unit mix consisting of (1) x 2bedroom + 1.75bathroom, (2) x 2bedroom + 1 bathroom, and (3) x 1bedroom + 1 bathroom units. The property was built in 1963 and this is the first time this property has been offered for sale since 1985 which is over 34 years! 223 S 5th Street rarely has any vacancies because of the of its superb location which makes it convenient to walk to supermarkets, restaurants, coffee/tea shops, retail shops, department stores, entertainment, parks, libraries, and schools. This offering provides an excellent value-add opportunity for investors by adjusting rents to market.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 8
Pool None
Community Features Urban
Total Parking Spaces 8
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5344012031
Energy Description 1152.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Amy Wang • Coldwell Banker George Realty