34 S Fremont Avenue, Alhambra, CA 91801
Commercial property · 2 recorded sales since 2015
Sold August 2015
Listing Agent: ANITA ING (DRE #01916675) · Listing Office: RE/MAX ADVANCED REALTY · Contact: 626-888-9808 · Bought with: ANITA ING · RE/MAX ADVANCED REALTY · MLS #WS15003878 · Source: CRMLS
About this commercial property
$22,000 HUGE REDUCTION --> MOTIVATED SELLERS !!! Updated duplex (side by side) 1 bed 1 bath unit and 2 bed 1 bath unit on one huge lot located north of Alhambra, border of South Pasadena and San Marino. Property is 100% occupied with long term tenants. Current rents are below market value. Purchaser will have upside potential for higher rent income. Projected gross annually income $33,000. Easily rent out in this most desirable neighbourhood. Central and dual A/C unit. Own laundry on site. New gas and electric meter has been installed and separately metered. Many amenities all within 5 miles radius to downtown Alhambra, Emery Park Elementary, Alhambra High, supermarkets, restaurants, entertainment, Alhambra hospital, and Alhambra Park. Close to I-110 freeway for easy commute to downtown LA in 15 mins. Property is being sold AS IS condition. No credits or repairs will be granted. Ideal 1031/investment property in convenient location with NO rent control in Alhambra. The large 7,493 lot size offers potential for new development project in R2 zone. Check with city for requirements. GREAT POTENTIAL FOR DEVELOPERS TO CONSTRUCT ON A HUGE REAR LOT. DRIVE BY ONLY!! PLEASE DO NOT DISTURB THE OCCUPANTS!!
Listing description from the August 2015 sale, as reported to CRMLS.
Sale history
