218 North Bushnell Avenue, Alhambra

$1,085,000

4 Beds
4 Baths
2,820 Sqft
.17 Acres
3 Garages

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!

Essential Information
MLS® #819004475
Price$1,085,000
Bedrooms4
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage2,820
Acres0.17
Year Built1927
TypeResidential Income
StatusActive
Community Information
Address218 North Bushnell Avenue
AreaAlhambra (601)
SubdivisionOther - OTHR
CityAlhambra
CountyLos Angeles
StateCA
Zip Code91801
Amenities
# of Garages3
Interior
HeatingOther
CoolingWindow Unit(s)
# of Stories2
StoriesTwo Level
School Information
DistrictAlhambra School District
Additional Information
Date ListedSeptember 25th, 2019
Days on Market19
ZoningALRPD*
HOA Fees0.00
Listing Details
AgentLucy Mao(01779052)
OfficeCOMPASS
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