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120 W Grand AVE Alhambra, CA 91801
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Key Details
Sold Price $5,600,000
Property Type Residential Income
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR25081428
Year Built 1971
Lot Size 0.402 Acres
Property Sub-Type Apartment
Property Description
Discover an exceptional investment opportunity in North Alhambra, CA, with this 18-unit apartment complex plus an approved, ready-to-build 1-unit ADU, just two blocks from vibrant Downtown Alhambra. Featuring spacious units with large balconies, 38 subterranean parking spaces, central air, updated plumbing, and an elevator, this secured building offers modern comfort and significant upside potential. Perfectly situated within walking distance to City Hall, shopping, restaurants, and parks, this property combines prime location with convenience, making it an ideal choice for savvy investors or developers looking to capitalize on Alhambra's thriving market.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Zoning ALRPD*
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features Assigned
Fence None
Pool None
Community Features Urban
View Y/N Yes
View Mountain(s)
Roof Type Composition
Building
Lot Description 16-20 Units/Acre
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with Benjamin J. Hsiang Realty Investment Advisors, Inc.