Listed By:
Growth Investment Group Pasade, han.chen@growthinvestmentgroup.com, Han Chen
Local Realty Services Provided By:
KW Executive
Overview
What It'll Cost
Neighborhood
Similar Homes
$1,675,000
312 314 N Primrose Avenue, Alhambra, CA 91801
2,016
sq ft
.19
ac
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Price Drop:
$5,000
(1 day ago)
$1,675,000
$1,680,000
312 314 N Primrose Avenue, Alhambra, CA 91801
Estimation provided by Keller Williams Realty Inc.
2,016
sq ft
.19
ac
Active
For Sale
Property Description
Highly desirable SINGLE-story bungalow style fourplex located in the best location of Alhambra (NORTH ALHAMBRA). It is situated on a quiet residential street in north Alhambra, and adjacent to both San Marino and South Pasadena; yet it provides convenience to tenants due to its strategic location just within minutes to many area amenities like shopping (Costco, Target), Alhambra Park, schools, churches, downtown Alhambra on Main Street, and easy access to FWY 10 and FWY 110 via Fremont Ave. This offering provides investor with opportunity to buy an easy to manage and rent apartment investments in the best location of Alhambra. The property has undergone many capital improvements, most recent ones are new roof for back duplex (October 2023), new drought tolerant landscaping (front lawn) and new exterior paint (back duplex + garage).
The building consists of two duplexes. The front duplex consists of two x 1bedroom+1bathroom bungalow style units. Each unit comes with in-unit laundry machines (seller provided). One of the front units (#312) has been partially upgraded with luxury vinyl wood flooring, quartz kitchen countertops, new kitchen, recessed lightings, and new laundry machines (come with the property). The other front unit (#314) has been fully upgraded with new kitchen, new flooring, new stainless-steel appliances, in-unit laundry machines, new A/C, new windows, etc.
The back duplex consists of one x 1bedroom+1bathroom, and one x studio. Both back units have been completely upgraded with new flooring, new kitchen (cabinets and quartz countertops), recessed lightings, and mini split A/C and heating units. These back 2 units do not have any laundry hookups and there is no laundry facility in the building (new owner can create laundry facility in one of the storage spaces).
The property has a detached garage which provides 2 parking spaces and 2 storage spaces. There are 4 additional striped parking spaces in front of the garage. The 1 detached garage spaces are being used as storage spaces by tenant – the other 1 garage space are rented on month to month basis by one of the new tenant. The building is separately metered for electricity and gas.
Assessed Value is a combination of the land and additions.
2023
$13,407
(+4.9%)
$1,033,494
Land 656,187 +
Additions 377,307
2022
$12,781
(+1%)
$993,363
Land 630,707 +
Additions 362,656
2021
$12,655
(+3.56%)
$993,363
Land 630,707 +
Additions 362,656
2019
$12,220
(+553.79%)
$983,178
Land 624,240 +
Additions 358,938
2017
$1,869
$945,000
Land 600,000 +
Additions 345,000
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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