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Listing Details

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School Ratings & Info

Description

Dynamic and Versatile Duplex in Alhambra! Ideally situated on a 0.26+acre lot, this investors dream property offers two separate residences with distinct styles, while also boasting 3 oversized 2-car garages. Originally built in 1923, the front property is reminiscent of historic Los Angeles with antiquated Spanish influence. Enter the 4BR/2BA, 1,296sqft home to discover an organically flowing floorplan, luminous natural light, wood flooring, and retro wood paneling walls. Explore to find a kitchen with gray shaker cabinetry, Bosch dishwasher, gas range, and stainless-steel built-in microwave. All bedrooms are generously sized and share tidy bathrooms. The second 3BR/3.5BA, 1,197sqft property was built in 2020 and conveys a modern, SoCal vibe. Once inside, you are greeted with an open concept interior featuring stunning floors, high 9 ceilings, a soothing color palette, and a kitchen with a stainless-steel farmhouse sink, gas/electric stove hookup, and a dining area w/chandelier. Appropriately styled as a retreat, the master bedroom has a large closet and a spa-like en suite w/shower/tub combo. For simplicity, each unit has individual water, gas, and electric meters. Other features: 2 new roofs, 2 tankless water heaters, 2 central heat and A/C systems, great location, and park 20+ cars! Uniquely poised with a positive cashflow opportunity and multiple exit strategies, this property is perfect for investors or savvy homeowners. Call now for a tour!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T19:26:05.713. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
www.sellinglasouthbay.com/homes/114919739
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708 710 Front Street Alhambra, CA 91801

  • Price: $1,480,000
  • Status: Active
  • Updated: 17 min ago
  • ID#: AR21047007
0
Beds
0
Baths
0
½ Baths
0.27
Acres
2,493
SQFT
$594
$/SQFT
1923
Built
Neighborhood:
601 - Alhambra
County:
Los Angeles
Area:
601 - Alhambra
Property Description
Dynamic and Versatile Duplex in Alhambra! Ideally situated on a 0.26+acre lot, this investors dream property offers two separate residences with distinct styles, while also boasting 3 oversized 2-car garages. Originally built in 1923, the front property is reminiscent of historic Los Angeles with antiquated Spanish influence. Enter the 4BR/2BA, 1,296sqft home to discover an organically flowing floorplan, luminous natural light, wood flooring, and retro wood paneling walls. Explore to find a kitchen with gray shaker cabinetry, Bosch dishwasher, gas range, and stainless-steel built-in microwave. All bedrooms are generously sized and share tidy bathrooms. The second 3BR/3.5BA, 1,197sqft property was built in 2020 and conveys a modern, SoCal vibe. Once inside, you are greeted with an open concept interior featuring stunning floors, high 9 ceilings, a soothing color palette, and a kitchen with a stainless-steel farmhouse sink, gas/electric stove hookup, and a dining area w/chandelier. Appropriately styled as a retreat, the master bedroom has a large closet and a spa-like en suite w/shower/tub combo. For simplicity, each unit has individual water, gas, and electric meters. Other features: 2 new roofs, 2 tankless water heaters, 2 central heat and A/C systems, great location, and park 20+ cars! Uniquely poised with a positive cashflow opportunity and multiple exit strategies, this property is perfect for investors or savvy homeowners. Call now for a tour!
Exterior Features

Fencing None Foundation Details RaisedSlab Number Of Separate Electric Meters 2 Open Parking Spaces 15 Other Structures Second Garage Parking Features ConcreteDoor-MultiDrivewayGarageOversizedPavedUncovered Parking Total 21 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Alley Paved Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Appliances 6 Burner StoveConvection OvenDishwasher Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring TileVinylWood Heating Central Heating YN Yes Window Features Double Pane WindowsInsulated WindowsScreens

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.68 Common Interest None Community Features ParkStreet LightsSuburbanSidewalks Contingency None Current Financing Conventional Disclosures Accessory Dwelling Unit Electric Standard Garage YN Yes Gross Income 105000 Gross Scheduled Income 105000 Inclusions All Furniture And Appliances Included With Sale Insurance Expense 2000 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupInside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalCal Vet Loan1031 ExchangeFhaFannie MaeVa Loan Net Operating Income 84595 New Construction YN No New Taxes Expense 17805 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 0 Operating Expense 19805 Possession Close Of Escrow Property Condition Updated/RemodeledTurnkey Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All UtilitiesElectricityGas Total Actual Rent 8750 Trash Expense 600 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedWater Connected Water Source Public Zoning Alrpd

Listing provided courtesy of Roy Chang of Kw Executive


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T19:26:05.713. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
 
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Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
23670 Hawthorne Blvd. #100
Torrance CA, 90505