212 N Olive Avenue, Alhambra, CA 91801

About this fourplex

Great opportunity to own a multi-unit apartment in north Alhambra. Low vacancy rate and is fully occupied. This incredible opportunity offers a great upside of rent increase to market value. Each unit has its own small private front yard. Coin-operated washer and dryer owned and run by a laundry company. Profit is shared between the laundry company and the owner. The owner can decide to use his/her own machines and pocket 100% of income. Driveway is shared with adjacent property. Owner pays gardener, water, and gas for common water heater. Each unit has its own separate electric and gas meters.

Listing description from the December 2021 sale, as reported to CRMLS.

Sale history

$1,300,000

Sold December 2021 · listed $1,280,000, on market October 2021 · MLS #WS21169852 · Source: CRMLS

Listing Agent: CHRISTINE LEONG · Listing Office: IRN REALTY · Contact: 626-447-5100 · Bought with: KITTY LEE · K & D CONSULTANT INC.

$658,000

Sold April 2012 · listed $669,900, orig. $718,000, on market December 2011 · MLS #W11156783 · Source: CRMLS

Listing Agent: MARGARET LIU · Listing Office: KCP GROUP, INC. · Contact: 626-643-2872 · Bought with: CHRISTINE LEONG · IRN REALTY

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