201 S Olive Avenue, Alhambra

$2,100,000

0 Beds
0 Baths
6,178 Sqft
.22 Acres
0 Garages

Bridge investment group is proud to present The Olive apartments, a well maintained 6 unit apartment building located in Alhambra. They don't build apartments like this anymore which is why this property hasn't changed ownership in over 40 years. This property is not rent controlled and has large units with the one bedrooms around 800-850 square feet and the two bedrooms two bath between 1100-1300 square feet. three units have over-sized balconies and two units have very large yards making them appealing to prospective tenants. five of the units are on month to month so new owners can take advantage of rental upside immediately. The laundry machines are leased and the new owner can install their own laundry machines and capture much more income. There are 11 parking spaces, 4 covered, 4 tuck-under and three 3 open/uncovered spaces. Close to downtown Alhambra where everything is, this is the ideal location to own real estate. Seller is a licensed California Real Estate Broker. DO NOT walk on property, tenants do no know property is for sale.

Essential Information
MLS® #WS19138394
Price$2,100,000
Bathrooms0.00
Square Footage6,178
Acres0.22
Year Built1971
TypeResidential Income
StatusActive
Community Information
Address201 S Olive Avenue
AreaAlhambra (601)
CityAlhambra
CountyLos Angeles
StateCA
Zip Code91801
Amenities
Parking Spaces11
Exterior
Lot DescriptionLevel with Street
Additional Information
Date ListedJune 12th, 2019
Days on Market34
ZoningALRPD*
Listing Details
AgentKevin Lutz(00925595)
OfficePASADENA MARKET CENTER
LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of July 17th, 2019 at 1:44am 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.

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