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Listed by: Christian Mkpado DRE #02079387 | Keller Williams Realty (626) 204-3300
$5,495,000
7 Beds
- 6 Baths
13,777sqft
1517 Acacia St, Alhambra, CA 91801
$5,495,000
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Apartment
Built in 1974
$-- HOA
17,298 sqft lot
$399/sq.ft
Description
16-unit multifamily investment opportunity in the heart of Alhambra. 1517-1519 Acacia Street features an attractive unit mix of six townhouse-style 2-bed/1.5-bath units, five 2-bed/1-bath units (including two newly constructed 2026 ADUs), one 2-bed/2-bath unit, and four 1-bed/1-bath units, totaling approximately 13,777 SF of improvements built in 1974. Units are individually metered for gas and electricity. The two brand-new ADUs are achieving full market rent, while in-place rents across the remaining units average roughly 10% below market, providing strong day-one cash flow with meaningful organic rental upside: approximately a 5.4% current cap rate and 12.4 GRM, rising...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1974
HOA Fees
-
Finished Area
13,777 sqft
Lot Size
17,298 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PF26174613
MLS Status
Active
Days on Market
15
Cumulative Days on Market
1
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