Sold

701 S Almansor Street

Alhambra CA, 91801

$2,550,000


$494.95 per sqft

Sold

5,152 sqft

Condo

Built in 1953

Listed by Handoko Chen with GIG Real Estate Inc. 626-594-4901

701 S Almansor St, a two-story well maintained and well-located property in a highly desirable City of Alhambra. The property has been in the same ownership since +-1971 (+-50 years ownership); thus present a rare opportunity for the right buyer to acquire this beautifully located property in Alhambra. The property is located right across from Alhambra Golf Course and Almansor Court, providing a rare and excellent amenity for tenants which makes it a very easy to rent and operate property. It is located minutes away from Downtown Alhambra on Main Street, and Valley Blvd retail corridor.

The property is a garden style two-story apartment that was built in 1953, has a total of +-5,152sf building and situated on a +-9,496sf corner lot. All the units are original/non-updated which provides good opportunity for buyer to do their own rehab program on future turnover.
All current tenants are on month-to-month agreement and have not had rent increase for the past several years, which translates to significant rental upside.

AR22205717

MLS ID

September 20, 2022

Listed

March 23, 2024

Updated

Map

701 S Almansor Street
Alhambra CA, 91801

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.22 Acres


Lot Features

Corner Lot


Sewer

Public Sewer

Other Property Details

Area Name

601 - Alhambra


Days on Market

3


Garage

No


Parking

Assigned


Parking Total

8


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

ALRPD*


Buyer Agency Compensation

2%

Listing Contact: 626-594-4901 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:36 AM UTC

 

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