1600 S Atlantic Blvd, Alhambra, CA 91803

$1,350,000
9
BD
10
BA

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List Price
$1,350,000
Status
COMING SOON
Days on Market
0
MLS#
WS26169722
Subtype
Residential Income
Bedrooms
9
Bathrooms
10
Lot Size
8,398
Acres
0.19

Property Description

Rare three-unit investment opportunity in a central Alhambra location near Valley Blvd. Situated on a prominent corner with two separate addresses1600 S. Atlantic Blvd. and 912 W. Norwood Pl.this long-time family-owned property features two detached buildings and approximately $8,400 in current monthly rental income. The front building is a spacious single-family residence, while the rear building is a two-story apartment property with two additional units. A highly functional site layout provides access from Atlantic Blvd., Norwood Pl., and the rear alley, offering convenient parking, flexible entry, and greater separation and privacy for occupants. The rear apartment building also has its own usable outdoor area. Conveniently located near shopping, restaurants, public transportation, and the I-10 Freeway, the property offers strong rental appeal and convenient access for commuters traveling throughout the San Gabriel Valley and toward Downtown Los Angeles. With two detached buildings, multiple access points, existing rental income, and a practical lot configuration, this property presents excellent value-add and long-term investment potential. Opportunities may include future improvements, reconfiguration, or possible expansion, subject to buyer verification and City approval. An exceptional opportunity for investors seeking income, location, and future upside in the heart of Alhambra. Rare three-unit investment opportunity in a central Alhambra location near Valley Blvd. Situated on a prominent corner with two separate addresses1600 S. Atlantic Blvd. and 912 W. Norwood Pl.this long-time family-owned property features two detached buildings and approximately $8,400 in current monthly rental income. The front building is a spacious single-family residence, while the rear building is a two-story apartment property with two additional units. A highly functional site layout provides access from Atlantic Blvd., Norwood Pl., and the rear alley, offering convenient parking, flexible entry, and greater separation and privacy for occupants. The rear apartment building also has its own usable outdoor area. Conveniently located near shopping, restaurants, public transportation, and the I-10 Freeway, the property offers strong rental appeal and convenient access for commuters traveling throughout the San Gabriel Valley and toward Downtown Los Angeles. With two detached buildings, multiple access points, existing rental income, and a practical lot configuration, this property presents excellent value-add and long-term investment potential. Opportunities may include future improvements, reconfiguration, or possible expansion, subject to buyer verification and City approval. An exceptional opportunity for investors seeking income, location, and future upside in the heart of Alhambra.

Additional Information

Zoning
Assessor
Air Conditioning
Zoned
Levels
One

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: RHEA BAI (626-589-7958) from Listing Office: RE/MAX Premier Properties.

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