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745 S Chapel Ave Alhambra, CA 91801

For Sale
$1,650,000

Stabilized Alhambra multifamily property with significant rental upside potential.

Lot size:
0.25 Acres

Property Features for 745 S Chapel Ave

General Information

Lot size
0.25 Acres

Building Details

Year built
1928

Source: Epitome Real Estate Agent ZHU GONG

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Alhambra Multifamily Value-Add Opportunity

This stabilized asset in Alhambra presents a value-add opportunity. The property consists of one detached unit and three attached units. The front house, measuring 942 square feet, includes two bedrooms, one and a quarter bathrooms, and a detached two-car garage. The middle units are mirror images of each other, each featuring a one-bedroom, one-bathroom layout. The rear unit is the largest floorplan, offering two bedrooms and one bathroom, and has been fully remodeled. The combined area of the three attached units is 2,164 square feet. The roof is 2-3 years old and the property offers a 4.5%+ Pro Forma Cap Rate due to a significant upside potential through rental increases.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Alhambra
County
Los Angeles
State
California
Longitude
-118.1202304
Latitude
34.0874991

FAQs

What type of property is this?
Quadplex - Stabilized Alhambra multifamily property with significant rental upside potential.
Where is this quadplex located?
The property is located at 745 S Chapel Ave Alhambra, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: - Pro Forma 4.5%+ Cap Rate with significant upside potential through rental increases.; - Stabilized asset in the heart of Alhambra.; - Features a detached house (2 bed / 1.25 bath, 942 sq ft) with a detached 2-car garage.
More about this property
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