1609 S Atlantic Blvd, ALHAMBRA, CA

$3,600,000

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11

Beds

8

Baths

6,415

Square feet

1.00

Acre

About 1609 S Atlantic Blvd

Rare 22,978 sq foot property in the heart of Alhambra. Possibilities are endless. Currently a beautifully maintained Large 8 unit multifamily open garden property. This could be an investor/developers dream come true, so many options here! 5 Buildings spaced throughout the property to create a quiet and peaceful setting with mature fruit trees in the courtyard areas, open spaces, and green landscaping. A mix of units including a studio, 1bed/1bath duplexes, and TWO detached SFR homes- one is a 3bed with basement and fenced yard. All units have laundry hookups inside except studio and upstairs unit has a laundry room downstairs. Contact City/County to explore possibilities of adding square footage and/or additional units or ADUs. Parking on site includes 5 single car garages (standalone building with nothing above), a two-car garage (with studio attached and unit above), a carport, and a parking space off the alley. Attached Owner's unit/shed with bathroom and separate access. Plenty of street parking is located nearby. Buildings range in age, being built between 1947-1954. All tenants are month to month, most have been at the property long term. All units are currently rented with no back rent owed; this property rarely has vacancies. Situated in a prime location close to Pasadena, San Marino and the San Gabriel with close freeway access, public transportation, highly rated restaurants, entertainment, Dodger Stadium, Hollywood, Golf Courses, Downtown LA, Santa Anita, The Rose bowl, retail shops, parks, Cal State LA, USC, UCLA and more. Private Property - do not enter without written permission.

Features of 1609 S Atlantic Blvd

MLS® # OC24025079MR
Price $3,600,000
Units 8
Bedrooms 11
Bathrooms 8.00
Square Footage 6,415
Acres 1.00
Year Built 1947
Type Residential Income
Sub-Type Single Family
Status Active

Community Information

Address 1609 S Atlantic Blvd
Area Alhambra
City ALHAMBRA
County Los Angeles
State CA
Zip Code 91803

Amenities

Parking Spaces 9
# of Garages 7
Garages Carport, Garage
Is Waterfront No
Has Pool No
Pool None

Interior

Fireplace No
# of Stories 2
Has Basement No

Additional Information

Date Listed February 3rd, 2024
Days on Market 105
Zoning ALRPD*
Foreclosure No
RE / Bank Owned No
Actual Annual Gross Rent $14,788
Net Operating Income $128,460

Unit 1 Details

Beds 1
Baths 1.00
Rent $1,650

Unit 2 Details

Beds 1
Baths 1.00
Rent $1,650

Unit 3 Details

Beds 1
Baths 1.00
Rent $1,628

Unit 4 Details

Beds 1
Baths 1.00
Rent $1,650

Unit 5 Details

Beds 3
Baths 1.00
Rent $3,100

Unit 6 Details

Beds 1
Baths 1.00
Rent $2,200

Unit 7 Details

Beds 2
Baths 1.00
Rent $2,000

Unit 8 Details

Beds 1
Baths 1.00
Rent $900

Listing Details

AgentAndrew Homs (01893992)
OfficeH & M Realty Group

Listing Map

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