1400 W Pine Street

Alhambra, CA 91801

$1,850,000

List Price

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1959

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Property Description

Discover a promising real estate opportunity with these five apartment units located in the sought-after area adjacent to South Pasadena. Situated on a generous 9,923 sq/ft lot with 4,983 sq/ft of building space, this property boasts substantial upside potential for investors and developers alike. The complex features: All large Four 2-bedroom/1-bath units and one 3-bedroom/1.5-bath unit, Five carports plus ample street parking, ensuring convenience for residents. New exterior paint enhances curb appeal and modernizes the building's appearance. Additional highlights include: New exterior paint enhances curb appeal and modernizes the building's appearance. Large balcony/patio areas for outdoor enjoyment with pitch roof. Owner recently updated all individual electrical boxes. Located in a charming South Pasadena residential neighborhood, this property is within walking distance to City Hall, shopping, restaurants, and parks, offering unparalleled convenience and a vibrant community atmosphere. The state of California has rent control but not the city of Alhambra. Please do not disturb tenants or knock on their doors. Coin operated washer/dryer belongs to owner.

Listing Information

List Price $1,850,000
Status Active
MLS AR24173269
HOA $0
Type Residential Income
Subtype Apartment
Year Built 1959
Lot Size 9,670
Structure Size N/A
DOM 1
Courtesy Of Coldwell Banker Realty
Listing Agent Matt Cuong Ly DRE#01441481

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Matt Cuong Ly, Coldwell Banker Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 13th, 2024 at 9:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.