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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,290,000

Est. payment - /mo

6 Beds

3 Baths

3,400 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $379

MLS Listing ID 26748335

Bedrooms 6

HOA Y/N No

Year Built 1940

Lot Size 9,151 Sqft

Property Description

2 OF THE 3 UNITS CURRENTLY VACANT! WE ARE PLEASED TO PRESENT FOR THE FIRST TIME ON THE MARKET IN OVER 40 YEARS! This rare generational asset sits on a desirable corner lot and offers a highly sought-after unit mix consisting of one 2-bedroom, 1-bath single-family residence and two additional 2-bedroom, 1-bath units ideal for both investors and owner-users. All units have 2 bedrooms, 1 bathroom and a separate living room that could be considered a BONUS ROOM (buyer to verify). Two units will be delivered vacant, providing immediate flexibility for occupancy or the opportunity to capture strong rental upside. The property features approximately 3,400 rentable square feet across oversized units, enhancing long-term income potential. Significant property improvements include upgraded electrical systems in two of the units, copper plumbing from the main line at the meter to all units, and copper plumbing beneath the house for 1721 S 9th St and 907 W Glendon Way, offering added reliability and reduced maintenance concerns. Each unit benefits from garage parking, its own private driveway, and dedicated outdoor space, including front, side, and/or backyards features that greatly enhance tenant appeal. Situated on an expansive 9,154 square foot lot with three sides of frontage, the layout also provides excellent accessibility, with two units enjoying direct garage access. Strategically located near the intersection of Atlantic and Valley Blvd, the property boasts a Walk Score of 84, making it highly walkable with convenient access to nearby shopping, dining, and everyday amenities. From an investment standpoint, the asset is subject only to California's AB 1482 rent ordinance and is not governed by any local rent control, allowing for greater flexibility in rent adjustments. Altogether, this is a unique opportunity to acquire a well-maintained, high-performing asset with immediate upside and long-term growth potential in a prime location.*Click on the Property Video* Please Note: Seller is interested in CASH OFFERS ONLY. Buyer to cooperate with Seller's 1031 Exchange.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Zoning ALRPD*

Interior

Fireplace No

Exterior

Parking Features Garage, Uncovered

Garage Spaces 3.0

Garage Description 3.0

Total Parking Spaces 9

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5357018013

Financing Cash

Special Listing Condition Standard

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Listed by Shant Sherbetdjian Remax Commercial and Investment Realty #01713570

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1721 S 9th ST Alhambra, CA 91803