We are pleased to present the opportunity to acquire 920 North 1st Street, a 16-unit apartment community in the city of Alhambra, a core market in the San Gabriel Valley. The property borders the affluent neighborhoods of San Marino and South Pasadena, which provides new investors potential for high rent growth unique to Alhambra. The meticulously maintained property built in 1959 consists of 10 one-bedroom/one-bathroom units and six two-bedroom/one-bathroom units. The two-story building features two points of ingress and egress, gated entry into a naturally-lit courtyard, 16 covered parking spots, on-site laundry, separate meters for gas and electricity, a pitched roof, and partial copper plumbing. Its 14,704 square foot lot nestles on a residential street with ample street parking.
Based on information from California Regional Multiple Listing Service, Inc. as of July 23rd, 2019 at 3:24pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.