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
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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
