1600 S Atlantic Boulevard, Alhambra, CA 91803
- $1,350,000
- List Price
- $1,350,000
- Status
- COMING SOON
- MLS#
- WS26169722
- Year Built
- 1922
- Lot Size
- 8,398
- Acres
- 0.19
- Lot Location
- Back Yard, Corner Lot, Front Yard, Garden, Lawn, Landscaped, Level, Near Park, Rectangular Lot, Yard
- Days on Market
- 0
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- One Level, Two Levels
Property Description
Rare three-unit investment opportunity in a central Alhambra location near Valley Blvd. Situated on a prominent corner with two separate addresses—1600 S. Atlantic Blvd. and 912 W. Norwood Pl.—this long-time family-owned property features two detached buildings and approximately $8,400 in current monthly rental income. The front building is a spacious single-family residence, while the rear building is a two-story apartment property with two additional units. A highly functional site layout provides access from Atlantic Blvd., Norwood Pl., and the rear alley, offering convenient parking, flexible entry, and greater separation and privacy for occupants. The rear apartment building also has its own usable outdoor area. Conveniently located near shopping, restaurants, public transportation, and the I-10 Freeway, the property offers strong rental appeal and convenient access for commuters traveling throughout the San Gabriel Valley and toward Downtown Los Angeles. With two detached buildings, multiple access points, existing rental income, and a practical lot configuration, this property presents excellent value-add and long-term investment potential. Opportunities may include future improvements, reconfiguration, or possible expansion, subject to buyer verification and City approval. An exceptional opportunity for investors seeking income, location, and future upside in the heart of Alhambra.
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Additional Information
- Other Buildings
- Two On A Lot
- Pool Description
- None
- View
- Neighborhood
- Exterior Construction
- Drywall
- Roof
- Shingle
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $104,352
- Operating Expense
- 5400
Listing courtesy of Listing Agent: RHEA BAI (rheasellshomes@gmail.com) from Listing Office: RE/MAX Premier Properties.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.