328 N Curtis Ave, Alhambra, CA 91801
- $1,450,000
- 8
- BD
- 5
- BA
- 4,100
- SqFt
- Sold Price
- $1,450,000
- List Price
- $1,598,000
- Closing Date
- Jul 27, 2021
- MLS#
- 21-712812
- Status
- SOLD
- Type
- Multifamily
- Bedrooms
- 8
- Bathrooms
- 5
- Living Area
- 4,100
Property Description
The property was built in 1917/1959 and offers a strong unit mix of one two-bedroom/one-and-a-half-bathroom single-family residence, two two-bedroom/one-bathroom units, and two one-bedroom/one-bathroom units. The single-family residence will be delivered vacant at close of escrow, which offers a new investor immediate value-add potential by repositioning the unit with a thorough renovation strategy to achieve market rent. The property offers five covered carport parking spots (no soft-story retrofit required), on-site laundry, and individual water heaters for each unit. It is also individually metered for gas and electricity and the single-family residence offers a basement. The units utilize wall air conditioning units and the single family residence also offers central heating. The property also benefits from extensive improvements. On-site laundry just received a new washer and dryer unit, the property was recently repainted three years ago, and the pitched roof on the two-story building was replaced six years ago as was the sewer line. This saves a new investor thousands in capital expenditures.
Additional Information
- Year Built
- 1917
- Garage
- Carport Attached
Mortgage Calculator
Courtesy of Marcus & Millichap, Sean Rosenzweig. Selling Office: .
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