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Alhambra, CA 91801 509 S Almansor Street

$1,650,000

Pending
509 S Almansor Street Alhambra, Ca - Image 1509 S Almansor Street Alhambra, Ca - Image 2509 S Almansor Street Alhambra, Ca - Image 3
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509 S Almansor Street Alhambra, Ca - Image 4509 S Almansor Street Alhambra, Ca - Image 5509 S Almansor Street Alhambra, Ca - Image 6509 S Almansor Street Alhambra, Ca - Image 7
Presented By: Michelle Tsang with MGR REAL ESTATE, INC.; mtsang@mgrrealestate.com
  • MLS# CV24070494
  • 04/09/2024
  • Request Tour
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  • BedBeds • 10
  • BathBaths • 5
  • FootageSQFT • 4,156
  • GarageGarage • 3

Home Details

LOCATION! LOCATION! LOCATION! Charming 5 unit apartment complex in the heart of Alhambra. Situated on a quiet residential street, all are 2 bedroom/1 bath units with their own washer/dryer hookups. Unique property investment with hugh upside on current below market rents. Property has 3 carports, 3 individual garages, and 3-4 additional parking spaces in the back. Tenants are all current on their rent and have been there for many years. The property is ideally located minutes from Almansor Park, the Alhambra Gold Course, Alhambra Place, shops and restaurants along Main Street in downtown Alhambra. Don't miss out on this outstanding investment opportunity!
Presented By: Michelle Tsang with MGR REAL ESTATE, INC.; mtsang@mgrrealestate.com

Interior Features for 509 S Almansor Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesElectricDryerHookup, GasDryerHookup, Inside
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 509 S Almansor Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces3.0
Carport Y/NYes
CityAlhambra
Community FeaturesPark
CountyLos Angeles
Days on Market3
DirectionsMission and Almansor Street
Entry LocationFront
Garage Spaces3.0
Garage Y/NYes
Gross Income100320.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense2377.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan, Conventional, Item1031Exchange
Lot Size Square Feet7625.0
MLS Area601 - Alhambra
MobileHomeRemainsYNNo
Net Operating Income56047.0
New ConstructionNo
Operating Expense36347.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Street NameAlmansor
Tax Lot10
Taxes$19,800
Tenant PaysCableTV, Electricity, Gas
Total Units5
Trash Expense2506.0
View Y/NNo
Water Sewer Expense2505.0
Waterfront Y/NNo
Year Built1958
Year Built SourceAssessor
ZoningALRPD*

Exterior for 509 S Almansor Street

Building Area Total4156.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres0.175
Lot Size Area7625.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesCarport, Garage
SpaNo
Total Parking6.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,650,000
MLS#CV24070494
List Date 04/09/2024
Property Type Pending
Phone 714.964.3311
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Request Info
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors