2204 Orange Grove Avenue Active

Alhambra,CA 91803

$ 1590000

- Bed

- Bath

3074 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,074 sqft

Price per Sqft $517

MLS Listing ID CRP1-19362

Year Built 1980

Lot Size 7,481 Sqft

Property Description

Outstanding opportunity to purchase this triplex at 2204 Orange Grove Ave, Alhambra. The Orange Grove Triplex is in southwest Alhambra close by Fremont Ave, bordering the city of Monterey Park. This rare 1980-built triplex is in a quietand scenic residential neighborhood comprised of mostly single-family homes, great for an owner user or investor. The location provides easy access to the 10 freeway, within minutes' drive to Cal State LA, downtown LA, and the surrounding West San Gabriel Valley cities. Furthermore, the investor may be able to add (3) additional ADUs, which may allow the buyer/investor to add tremendous value by improving this property to a 6 units multifamily property and potentially achieve a higher proforma cap rate. Buyer to consult with his/her own architect/general contractor and verify with the City of Alhambra.The property has a great unit mix of (1) 3 Bed / 2 Bath downstairs, and (2) 2 Bed / 1 Bath upstairs. In the back of the building accessible from the alley way Each unit has 1 or 2 garage parking, with additional parking spaces on the large driveway in the rear. The onsite laundry room generates additional income. Buyer to verify all information herein. Broker/Agent and Seller does not guarantee its accuracy.The property is conveniently located with ea

Location

State CA

County Los Angeles

Interior

Laundry Community Facility,In Garage

Exterior

View None

Building

Water Public

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