Vacant craftsman-style triplex located in prime north Alhambra, just north of the great retail along popular Main Street and minutes from Target, Costco, Fosselman's Ice Cream and more! Property appraised on 05/08/19 at a value of $1,250,000 and consists of a 2-story structure with a total of 3,390 SF, which differs from public records (2820 sf.) The building has 3 residential apartments as follows: (1) 2 bed 1 bath, (1) 1 bedroom 2 baths, and (1) 1 bedroom 1 bath unit, for a total of 4 bedrooms and 4 bathrooms. Public records show a total of 4 bedrooms and 3 baths. There is an attached common laundry room. Parking for this property is a 2-car carport and 1 uncovered stall. According to the appraiser, the Alhambra city zoning map shows the designation allows for the 'low density development of up to 5 residential units'. Also according to the appraiser, the market rent survey suggests that the property has forecasted income of approximately $4950 @month, or $59,400 gross. Subject property is in need of major renovation and may not qualify for financing. Amazing potential!
The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.