Active
225 Palmetto Drive
Alhambra CA, 91801
$4,999,988
$450.04 per sqft
Active
11,110 sqft
Commercial
Built in 1963
Listed by Cindy Chin with Cindy Chin Realty 949.698.0117
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.
OC23107462
MLSⓇ ID
July 22, 2023
Listed
August 30, 2024
Updated
Map
225 Palmetto Drive
Alhambra CA, 91801
Interior Features
Total Stories
2
Laundry Description
Common Area, Laundry Room
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.38 Acres
Lot Features
11-15 Units/Acre
Other Property Details
Area Name
601 - Alhambra
Days on Market
295
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
6/10/2024 | Price change | $4,999,988 -1% |
Listing Contact: 877-622-7789
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 8/30/2024 at 7:47 PM UTC