Description
Stabilized triplex in the heart of Alhambra - 100% occupied, on time collection rent. 1201-1205 W Woodward Ave presents a rare opportunity to acquire a fully occupied income property in the desirable MLS Area 601 submarket. The building consists of one 2-bedroom/1-bath and two 1-bedroom/1-bath units. Units 1203 & 1205 are on active Housing Choice Voucher (HAP) contracts - rent paid directly by the housing authority every month. Unit 1201 is a long-term private-pay tenant since 2012. No local rent control - Alhambra is AB 1482 only. Built 1951 | 2,200 sqft | 8,357 sqft lot | 3 parking spaces | Walk Score 92. Minutes to I-10, Atlantic Blvd corridor, Main St auto row, and the SGV Medical corridor. Contact listing agent for rent roll and full offering memorandum. On-site laundry.
Details
| MLS # | WS26166569 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 79 |
| Listing Provided By | IRN REALTY | RENALDO SUDIBYA |
Features
| SQ Feet | 2,200 |
|---|---|
| Garage | 3 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.19 |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Alhambra |
| Zip Code | 91801 |
| Area | 601 Alhambra |
| Listing VS Median (in 91801) | |
Price: $1,249,000 low | high Med: $1,488,000 sqft: 2,200 low | high Med: 3,000 $ / sqft: $568 low | high Med: $496 On site: 79 low | high Med: 69 | |
Market Activity 91801
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Alhambra |
| Zip Code | 91801 |
| Area | 601 Alhambra |
| Listing VS Median (in 91801) | |
Price: $1,249,000 low | high Med: $1,488,000 sqft: 2,200 low | high Med: 3,000 $ / sqft: $568 low | high Med: $496 On site: 79 low | high Med: 69 | |