Multifamily Property with
New
For Sale
$1,800,000
1712 S 2nd Street, Alhambra, CA 91801
Carport parking and wall/window air-conditioning units are among the property’s listed features.
Property Size3,290 SF
Days on Market5
Property Features for 1712 S 2nd Street
General Information
Standard status
Active
Size
3,290 SF
Property subtype
Apartment
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
3,290 SF
Year Built
1949
Listing Agency:
Mark Bridge, Broker
Listed By:
Mark Bridge · License #01316702
(949) 681-8388
Source:
Archetyperealty
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 24 at 4:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mark Bridge, Broker
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Investment Insights
Based on property information with market context.
This multifamily property at 1712 S 2nd Street in Alhambra was built in 1949. Exterior features include attached and detached carports, and the interior feature list includes wall/window air-conditioning units and a wall furnace. Listed kitchen features include a gas oven, gas range, range hood, and disposal.
The property is in Los Angeles County. From I-10, the provided directions use the Fremont Avenue or Garfield Avenue exit, followed by a northbound drive of about half a mile before turning toward South 2nd Street.
The property is in Los Angeles County. From I-10, the provided directions use the Fremont Avenue or Garfield Avenue exit, followed by a northbound drive of about half a mile before turning toward South 2nd Street.
Key Highlights
- Multifamily property built in 1949
- Exterior features include attached and detached carports
- Interior features include wall/window units and a wall furnace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,939
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,058,780
$1.1M
Cap Rate 7%
$756,271
$756.3K
Cap Rate 9%
$588,211
$588.2K
Market Conditions
NOI Build-Up for 3,290 SF
Gross rent
$104.6K $31.80/SF
− Vacancy
−$8.4K −$2.54/SF
EGI
$96.3K $29.26/SF
− OpEx
−$43.3K −$13.17/SF
NOI
$52.9K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,058,780
Cap Rate 7%
$756,271
Cap Rate 9%
$588,211
Alternative Uses
Best Use
Apartment 5plus
$756.3K
$661.7K – $882.3K
NOI $52,939 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.76M
$1.54M – $2.06M
NOI $123,302 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,710
Businesses Nearby
Explore this area
Business Placement
Demographics for 91801, CA
53,669
Population
21,702
Households
2.5
Avg Household Size
41
Median Age
41%
College-Educated
85%
High-School Grad
4.3 sq mi
ZIP Area
12,481
Density / Sq Mi
$85,549
Median Household Income
$47,855
Median Earnings
$1,879
Median Rent
$797,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Carport parking and wall/window air-conditioning units are among the property’s listed features.
Where is this multifamily property located?
The property is located at 1712 S 2nd Street Alhambra, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Multifamily property built in 1949; Exterior features include attached and detached carports; Interior features include wall/window units and a wall furnace
