312 314 N Primrose Avenue

Alhambra, CA 91801

$1,680,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1923

calendar_month Built

Property Description

Highly desirable SINGLE-story bungalow style fourplex located in the best location of Alhambra (NORTH 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. This offering provides investor with opportunity to buy an easy to manage and rent apartment investments in the best location of Alhambra. The property has undergone many capital improvements, most recent ones are new roof for back duplex (October 2023), new drought tolerant landscaping (front lawn) and new exterior paint (back duplex + garage). The building consists of two duplexes. The front duplex consists of two x 1bedroom+1bathroom bungalow style units. Each unit comes with in-unit laundry machines (seller provided). One of the front units (#312) 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 unit (#314) has been fully upgraded with new kitchen, new flooring, new stainless-steel appliances, in-unit laundry machines, new A/C, new windows, etc. 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 (new owner can create laundry facility in one of the storage spaces). The property has a detached garage which provides 2 parking spaces and 2 storage spaces. There are 4 additional striped parking spaces in front of the garage. The 1 detached garage spaces are being used as storage spaces by tenant – the other 1 garage space are rented on month to month basis by one of the new tenant. The building is separately metered for electricity and gas.

Listing Information

List Price $1,680,000
Status Active
MLS AR25009604
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 1923
Lot Size 8,231
Structure Size N/A
DOM 1
Courtesy Of Growth Investment Group Pasade
Listing Agent Han Chen DRE#01749321

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate, Vinyl
Fireplace Information
Features None
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Han Chen, Growth Investment Group Pasade . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 15th, 2025 at 2:40 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.