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    312 N Primrose Avenue

    Alhambra, CA 91801
    • $1,350,000
    • STATUS: Active
    • ON SITE: 83 days
    • ID#: AR21029103
    UPDATED: 33 min ago
    $1,350,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    It is a single-story bungalow style fourplex located in the best location of Alhambra. It is situated on a quiet residential street in north Alhambra, and adjacent to both San Marino and South Pasadena; yet it provides convenience to tenants due to its strategic location just within minutes to many area amenities like shopping (Costco, Target, ), Alhambra Park, schools, churches, downtown Alhambra on Main Street, and easy access to FWY 10 and FWY 110 via Fremont Ave. The building consists of two duplexes. The front duplex consists of two x 1bedroom+1bathroom bungalow style units. Each unit comes with laundry hookups. One of the front units has been partially upgraded with luxury vinyl wood flooring, quartz kitchen countertops, new kitchen, recessed lightings, and new laundry machines (come with the property). The other front units have not been updated and provides owner with significant rental upside when the unit turn. The back duplex consists of one x 1bedroom+1bathroom, and one x studio. Both back units have been completely upgraded with new flooring, new kitchen (cabinets and quartz countertops), recessed lightings, and mini split A/C and heating units. These back 2 units do not have any laundry hookups and there is no laundry facility in the building. Garage might be able to be converted into Junior ADU!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-06T13:37:12.183. 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 The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.debonishomes.com/homes/114180995
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    312 N Primrose Avenue Alhambra, CA 91801

    • Price: $1,350,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: AR21029103
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1923
    Built
    Neighborhood:
    601 - Alhambra
    County:
    Los Angeles
    Area:
    601 - Alhambra
    Property Description
    It is a single-story bungalow style fourplex located in the best location of Alhambra. It is situated on a quiet residential street in north Alhambra, and adjacent to both San Marino and South Pasadena; yet it provides convenience to tenants due to its strategic location just within minutes to many area amenities like shopping (Costco, Target, ), Alhambra Park, schools, churches, downtown Alhambra on Main Street, and easy access to FWY 10 and FWY 110 via Fremont Ave. The building consists of two duplexes. The front duplex consists of two x 1bedroom+1bathroom bungalow style units. Each unit comes with laundry hookups. One of the front units has been partially upgraded with luxury vinyl wood flooring, quartz kitchen countertops, new kitchen, recessed lightings, and new laundry machines (come with the property). The other front units have not been updated and provides owner with significant rental upside when the unit turn. The back duplex consists of one x 1bedroom+1bathroom, and one x studio. Both back units have been completely upgraded with new flooring, new kitchen (cabinets and quartz countertops), recessed lightings, and mini split A/C and heating units. These back 2 units do not have any laundry hookups and there is no laundry facility in the building. Garage might be able to be converted into Junior ADU!
    Exterior Features

    Carport Spaces 0 Direction Faces East Lot Features Near Public TransitRectangular LotStreet Level Number Of Separate Electric Meters 4 Open Parking Spaces 4 Parking Features Assigned Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No

    Interior Features

    Appliances Gas Range Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Wood Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 3.76 Common Interest Community Apartment Community Features SuburbanValley Contingency Seller To Do 1031 Exchange Current Financing Conventional Electric Standard Garage YN Yes Gross Income 73344 Gross Scheduled Income 73344 Insurance Expense 702 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 50767 New Construction YN No New Taxes Expense 15338 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 20376 Possession Close Of Escrow Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 6087 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance Rate 3 Water Sewer Expense 2100 Water Source Public Zoning Alrpd*

    Listing provided courtesy of Handoko Chen of Gig Real Estate Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-06T13:37:12.183. 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 The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    Riverside CA, 92508