225 Palmetto Drive, Alhambra

$5,000,000

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0 Bed
0 Bath
.38 Acre
0 Garage

Cindy Chin Realty Int’l is proud to exclusively present an exceptional commercial investment opportunity at 225 Palmetto Drive, Alhambra, CA. This multi-family property is a 15-unit residential building that stands as a testament to prime real estate for savvy investors. Comprising a diverse array of meticulously designed units, including 1-bedroom, 2-bedroom, and 3-bedroom layouts, this property offers a comprehensive range of housing options. Each unit ensures tenant satisfaction and consistent occupancy rates. Currently operating at full capacity with a 100% occupancy rate, this investment boasts a robust cash flow potential that promises substantial returns. Priced at an attractive $333,333 per unit, this investment represents an unparalleled opportunity to tap into the real estate market. The combination of its prime location, diverse unit offerings, full occupancy, and meticulous renovation makes it a strong contender for those seeking stable, long-term income. Positioned in the heart of Alhambra, this investment promises not only immediate returns but also capital appreciation over time. With a strategic focus on cash flow, 225 Palmetto Drive offers an exceptional prospect for investors who recognize the potential in this remarkable property. Don't miss out on the chance to capitalize on this commercial investment gem. Secure your stake in a future of steady returns and lasting value. Contact us today to seize this lucrative investment opportunity.

Essential Information

MLS® #
OC23107462
Price
$5,000,000
Bathrooms
0.00
Acres
0.38
Year Built
1963
Type
Commercial Sale
Sub-Type
Multi Family
Status
Active

Community Information

Address
225 Palmetto Drive
Area
601 - Alhambra
City
Alhambra
County
Los Angeles
Zip Code
91801
Senior Community
N

Interior

# of Stories
2

Exterior

Lot Description
11-15 Units/Acre

Additional Information

Date Listed
June 19th, 2023
Days on Market
263

Listing Details

Agent
Cindy Chin
Office
Cindy Chin Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of May 8th, 2024 at 12:30pm PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.