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3-Unit Triplex with Carport

9 W Pine St, Alhambra, CA 91801

For Sale
$1,199,000

The unit mix includes two one-bedroom residences and one two-bedroom residence, with a detached carport for parking.

Property Size2,212 SF
Price / SF$542.04
Days on Market134

Property Features for 9 W Pine St

General Information

Standard status Active
Size 2,212 SF
Property subtype MULTI_FAMILY
Occupancy 100%

Units

Unit Mix 2 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Additional Details

Tenant in Place Yes

Building Details

Building Size 2,212 SF
Year Built 1953
Listing Agency: eXp Realty of Greater Los Angeles
Listed By: Ting Zhou · License #02177361
Source: Highend-estates
Added: Jun 29 Changed: Nov 7 Last Checked: Nov 8 at 5:11PM

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 eXp Realty of Greater Los Angeles

Rey
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Investment Insights

Based on property information with market context.

At 9 W Pine St in Alhambra, this 2,212-square-foot triplex contains two one-bedroom, one-bath units and one two-bedroom, one-bath unit. A detached carport is positioned at the rear, and the property was built in 1953. All three units are occupied.

Ralphs and In-N-Out are within walking distance, along with other retail and dining options. Schools and major transit corridors are also nearby.

Key Highlights

  • Three occupied units: two 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
  • 2,212 square feet
  • Detached carport at the rear of the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,629
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,580 $772.6K
Cap Rate 7%
$551,843 $551.8K
Cap Rate 9%
$429,211 $429.2K
Market Conditions
NOI Build-Up for 2,212 SF
Gross rent
$59.7K $27.00/SF
− Vacancy
−$4.5K −$2.05/SF
EGI
$55.2K $24.95/SF
− OpEx
−$16.6K −$7.48/SF
NOI
$38.6K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,580
Cap Rate 7%
$551,843
Cap Rate 9%
$429,211

Alternative Uses

Best Use
Multifamily LT 5
$551.8K
$482.9K – $643.8K (±1% cap)
NOI $38,629 @ 7.0% cap · market cap 3.22%
Second Best
Apartment 5plus
$508.5K
$444.9K – $593.2K (±1% cap)
NOI $35,593 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M (±1% cap)
NOI $82,901 @ 7.0% cap · market cap 6.91%
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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,068
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Triplexes in Los Angeles County, CA

$496 Jul
$537 Aug
$546 Sep
$540 Oct

Properties on Market for Triplexes in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The unit mix includes two one-bedroom residences and one two-bedroom residence, with a detached carport for parking.
Where is this triplex located?
The property is located at 9 W Pine St Alhambra, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Three occupied units: two 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit; 2,212 square feet; Detached carport at the rear of the property
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