$4,350,000
$4,350,000
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0.63 Acres Lot
SOLD DATE : 06/10/2019
Key Details
Sold Price $4,350,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 18411008
Sold Date 06/10/19
HOA Y/N No
Year Built 1941
Lot Size 0.630 Acres
Property Description
The single family residence behind the property is also for sale (932 N Electric Avenue). Can be sold together or separately. The Courts Alhambra is an 11-unit property, comprised of 10 total structures, including nine freestanding units and a duplex. The bungalows, constructed in 1941 on an oversized ±27,428 square foot, R3, double corner lot, with a total building size of ±9,344 square feet, are immaculately maintained and offer a large courtyard with lush greenery. Given the property's solid real estate fundamentals, which include a desirable bungalow-style layout, excellent unit mix, turnkey building condition, and strong non rent-controlled Alhambra location, The Courts Alhambra is an unmatched investment for an investor seeking growth, stability, and a hedge against inflation.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Interior
Cooling Central Air
Fireplace No
Appliance Refrigerator
Laundry See Remarks, Stacked
Exterior
Parking Features Garage, Uncovered
Building
Story 1
Others
Tax ID 5321034038
Special Listing Condition Standard
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Bought with Priscilla Nee • CB Richard Ellis, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States