Skip To Content

816 S Olive Avenue

Alhambra, CA 91803
  • $1,148,000
  • STATUS: Active
  • ON SITE: 297 Days
  • ID#: P1-10841
UPDATED: 35 min ago
$1,148,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Listing Agent(s): Reni Rose of Berkshire Hathaway Homeservices California Properties ((626) 355-1600)


Description

Excellent opportunity as an investment OR as an owner with income from the other units or as a multi-generational, family complex! First time on the market since 1971, this triplex is located on a street of mostly single-family homes. Each unit offers 2 bedrooms, 1 bathroom with 850 square feet and each has 1 parking space in the garage. There is a separate laundry room where the tenants own their own washing machines. The property is conveniently located near Cal State LA, neighborhood restaurants, Starbucks, entertainment, shopping including Home Depot, Target and Costco and is also near public transportation and Alhambra City Park. It's just minutes away from the 10 Freeway for convenient access to the 710 and 5 Freeways offering an easy commute to downtown LA and to Pasadena. All tenants are long term, and each is month-to-month. There are three electric and gas meters and one water meter. Kindly do not disturb the tenants. Don't miss this great opportunity!

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-04T08:26:51.807. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/132032188
Print Image

816 S Olive Avenue Alhambra, CA 91803

  • Price: $1,148,000
  • Status: Active
  • On Site: 297 Days
  • Updated: 35 min ago
  • ID#: P1-10841
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1958
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
601 - Alhambra
Property Description
Excellent opportunity as an investment OR as an owner with income from the other units or as a multi-generational, family complex! First time on the market since 1971, this triplex is located on a street of mostly single-family homes. Each unit offers 2 bedrooms, 1 bathroom with 850 square feet and each has 1 parking space in the garage. There is a separate laundry room where the tenants own their own washing machines. The property is conveniently located near Cal State LA, neighborhood restaurants, Starbucks, entertainment, shopping including Home Depot, Target and Costco and is also near public transportation and Alhambra City Park. It's just minutes away from the 10 Freeway for convenient access to the 710 and 5 Freeways offering an easy commute to downtown LA and to Pasadena. All tenants are long term, and each is month-to-month. There are three electric and gas meters and one water meter. Kindly do not disturb the tenants. Don't miss this great opportunity!
Exterior Features

Architectural Style Traditional Direction Faces West Fencing BlockChain Link Foundation Details Slab Lot Features Sprinklers None Number Of Separate Electric Meters 3 Parking Features Garage Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Carpet Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Community Features Biking Garage YN Yes Gross Income 62040 Gross Scheduled Income 62040 Insurance Expense 2189 Land Lease YN No Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 55166 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 6874 Other Expense 931 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Trash Expense 1230 Water Sewer Expense 1924 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-04T08:26:51.807. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369560383-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369560383-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369560383-1.jpg
Logo
Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Reni Rose of Berkshire Hathaway Homeservices California Properties ((626) 355-1600)