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225 Palmetto Drive

Alhambra, CA 91801
  • $4,999,988
  • STATUS: Active
  • ON SITE: 441 Days
  • ID#: OC23107462
UPDATED: 36 min ago
$4,999,988
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Cindy Chin of Cindy Chin Realty (877-622-7789)


Description

Cindy Chin Realty Intl is proud to exclusively present an exceptional commercial investment opportunity at 225 Palmetto Drive, Alhambra, CA. This multi-family property is a 15-unit residential building that stands as a testament to prime real estate for savvy investors. Comprising a diverse array of meticulously designed units, including 1-bedroom, 2-bedroom, and 3-bedroom layouts, this property offers a comprehensive range of housing options. Each unit ensures tenant satisfaction and consistent occupancy rates. Currently operating at full capacity with a 100% occupancy rate, this investment boasts a robust cash flow potential that promises substantial returns. Priced at an attractive $333,333 per unit, this investment represents an unparalleled opportunity to tap into the real estate market. The combination of its prime location, diverse unit offerings, full occupancy, and meticulous renovation makes it a strong contender for those seeking stable, long-term income. Positioned in the heart of Alhambra, this investment promises not only immediate returns but also capital appreciation over time. With a strategic focus on cash flow, 225 Palmetto Drive offers an exceptional prospect for investors who recognize the potential in this remarkable property. Don't miss out on the chance to capitalize on this commercial investment gem. Secure your stake in a future of steady returns and lasting value. Contact us today to seize this lucrative investment opportunity.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-06T12:39:17.777. 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 eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/141742662
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225 Palmetto Drive Alhambra, CA 91801

  • Price: $4,999,988
  • Status: Active
  • On Site: 441 Days
  • Updated: 36 min ago
  • ID#: OC23107462
0
Beds
0
Baths
0
½ Baths
0.38
Acres
1963
Built
Neighborhood:
601 - Alhambra
County:
Los Angeles
Area:
601 - Alhambra
Property Description
Cindy Chin Realty Intl is proud to exclusively present an exceptional commercial investment opportunity at 225 Palmetto Drive, Alhambra, CA. This multi-family property is a 15-unit residential building that stands as a testament to prime real estate for savvy investors. Comprising a diverse array of meticulously designed units, including 1-bedroom, 2-bedroom, and 3-bedroom layouts, this property offers a comprehensive range of housing options. Each unit ensures tenant satisfaction and consistent occupancy rates. Currently operating at full capacity with a 100% occupancy rate, this investment boasts a robust cash flow potential that promises substantial returns. Priced at an attractive $333,333 per unit, this investment represents an unparalleled opportunity to tap into the real estate market. The combination of its prime location, diverse unit offerings, full occupancy, and meticulous renovation makes it a strong contender for those seeking stable, long-term income. Positioned in the heart of Alhambra, this investment promises not only immediate returns but also capital appreciation over time. With a strategic focus on cash flow, 225 Palmetto Drive offers an exceptional prospect for investors who recognize the potential in this remarkable property. Don't miss out on the chance to capitalize on this commercial investment gem. Secure your stake in a future of steady returns and lasting value. Contact us today to seize this lucrative investment opportunity.
Exterior Features

Entry Level 1 Lot Features 11-15 Units/Acre

Property Features

Additional Parcels YN No Cap Rate 5.5 Common Interest None Gross Scheduled Income 382800 Land Lease YN No Laundry Features Common AreaLaundry Room Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Terms 1031 Exchange Net Operating Income 320000 Number Of Units Leased 15 Property Sub Type Multi Family Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-06T12:39:17.777. 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 eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Cindy Chin of Cindy Chin Realty (877-622-7789)