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    1505 W Commonwealth Avenue

    Alhambra, CA 91803
    • $1,350,000
    • STATUS: Active
    • ON SITE: 23 Days
    • ID#: SW21217063
    $1,350,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    Great income opportunity. Triplex is located in a highly desirable area in the City of Alhambra, north of Mission Rd and close to schools, shopping centers, restaurants, public transportation, freeways 10 and 710. The property consists of 1 house ( 2 bedrooms, 1 bath) and 2 units of 1 bedroom and 1 bathroom each. House has wood and tile flooring and units 2 and 3 have carpet and tile flooring, unit 2 has granite countertop in the kitchen. Units have separate address numbers for added privacy (249 S. Electric Ave.,1505 W. Commonwealth Ave, and 1507 W. Commonwealth Ave.) All units have separate electric and gas meters and washer and dryer hook-ups inside. There is 1 enclosed car garage +1 space in front of the garage for each of the units. Property is being sold "AS IS".

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-23T00:28:10.14. 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 deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/121921108
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    1505 W Commonwealth Avenue Alhambra, CA 91803

    • Price: $1,350,000
    • Status: Active
    • ID#: SW21217063
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1953
    Built
    Neighborhood:
    601 - Alhambra
    County:
    Los Angeles
    Area:
    601 - Alhambra
    Property Description
    Great income opportunity. Triplex is located in a highly desirable area in the City of Alhambra, north of Mission Rd and close to schools, shopping centers, restaurants, public transportation, freeways 10 and 710. The property consists of 1 house ( 2 bedrooms, 1 bath) and 2 units of 1 bedroom and 1 bathroom each. House has wood and tile flooring and units 2 and 3 have carpet and tile flooring, unit 2 has granite countertop in the kitchen. Units have separate address numbers for added privacy (249 S. Electric Ave.,1505 W. Commonwealth Ave, and 1507 W. Commonwealth Ave.) All units have separate electric and gas meters and washer and dryer hook-ups inside. There is 1 enclosed car garage +1 space in front of the garage for each of the units. Property is being sold "AS IS".
    Exterior Features

    Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 3 Open Parking Spaces 3 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Roof Shingle

    Interior Features

    Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features Family RoomKitchen Fireplace YN Yes Flooring CarpetTileWood Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Suburban Garage YN Yes Gross Income 60000 Gross Scheduled Income 60000 Insurance Expense 1200 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupInside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Net Operating Income 55800 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 4200 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 5000 Trash Expense 900 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 2100 Water Source Public Zoning Alrpd*

    Listing provided courtesy of Alicia Garipoli De Bosio of Sunset Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-23T00:28:10.14. 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 deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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