1609-1605 South Atlantic Boulevard

Alhambra, CA 91803

$3,600,000
Price
11
Beds
8
Baths
6,415 Sq. Ft.
$561 / Sq. Ft.
6,415
Sq. Ft.
$561
per Sq. Ft.
3bd/1ba Interior
3bd/1ba Interior
3bd/1ba Interior
3bd/1ba Interior
3bd/1ba Interior
3bd/1ba Interior
3bd/1ba Interior
3bd/1ba Interior
3bd/1ba Interior
3bd/1ba Interior
3bd/1ba Interior
3bd/1ba Interior
3bd/1ba Interior
1605 Duplex Bathroom
1605 Duplex Kitchen

Description

Rare offering of two side-by-side lots with a combined 22,978 sq ft, featuring 8 units totaling 6,415 sq ft of living area. The properties are located in a prime location within the Residential High Density (RH) zone in the City of Alhambra, allowing for 43 units per acre, a maximum building height of 45 feet, and a maximum of 5 stories. There is also the possibility for ADUs and Junior ADUs (Buyer to Verify). Currently set up with a mix of units including a studio, 1-bed/1-bath duplexes, and two...Rare offering of two side-by-side lots with a combined 22,978 sq ft, featuring 8 units totaling 6,415 sq ft of living area. The properties are located in a prime location within the Residential High Density (RH) zone in the City of Alhambra, allowing for 43 units per acre, a maximum building height of 45 feet, and a maximum of 5 stories. There is also the possibility for ADUs and Junior ADUs (Buyer to Verify). Currently set up with a mix of units including a studio, 1-bed/1-bath duplexes, and two detached SFR homes—one is a 3-bed with a basement and fenced yard. All units have laundry hookups inside, except for the studio and the upstairs unit, which has a laundry room downstairs. On-site parking includes 5 single-car garages (standalone building with nothing above), a two-car garage (with a studio attached and a unit above), a carport, and a parking space off the alley. There is also an attached owner's unit/shed with a bathroom and separate access. Additionally, plenty of street parking is located nearby. Buildings range in age, being built between 1947-1954. All units are currently rented with no back rent owed; this property rarely has vacancies. Situated in a prime location close to Pasadena, San Marino, and San Gabriel, with easy freeway access, public transportation, highly rated restaurants, entertainment, Dodger Stadium, Hollywood, golf courses, Downtown LA, Santa Anita, The Rose Bowl, retail shops, parks, Cal State LA, USC, UCLA, and more. Private property—do not enter without written permission.
  1. Listed by Andrew Homs • DRE #01893992 • Brokerage DRE #02009986 • H & M Realty Group • 949-229-2704

Property Details for 1609-1605 South Atlantic Boulevard

Parking Spaces Total
9
Private Pool
No
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
6415
Assessor Parcel Number
5356-016-044
Property Attached YN
true
LISTING UPDATED: 09/18/2024 05:39 AM

Property Details for 1609-1605 South Atlantic Boulevard

StatusActive
MLS #OC24025079
Days on Market244
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Single Family Residence
Year Built1947
Lot Size0.52 AC / 22,847 SF
CountyLos Angeles County

Building Information for 1609-1605 South Atlantic Boulevard

Stories2Residences-Year Built1947Building Size-Lot Size0.52 AC / 22,847 SF

Property Information for 1609-1605 South Atlantic Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $177,336
  • Net Operating Income: $128,460
Expense Details
  • Operating Expense: $48,876
  • New Taxes Expense: $37,500
  • Gardener Expense: $2,200
  • Fuel Expense: $0
  • Licenses Expense: $190
  • Electric Expense: $760
  • Insurance Expense: $2,967
  • Professional Management Expense: $0
  • Trash Expense: $2,474
  • Water Sewer Expense: $2,785
  • Total Expenses: $48,876
Tax / Assessment Info
  • Tax Tract Number: 4376
  • Tax Census Tract: 4809.03
  • Tax Lot: 23
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Sidewalks, Storm Drains
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Additional Parcels Description: 5356016043
  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 20000-39999 Sqft, Sprinkler System, Yard
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 7
  • Parking: Yes
  • Parking Garage: Carport, Garage
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 7
  • Carport Spaces: 1
  • Parking Features: Carport, Garage, On Site
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,628
  • Unit Type Total Rent: $1,628
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,100
  • Unit Type Total Rent: $3,100
  • Unit Type Pro Forma: 3350
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2550
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $900
  • Unit Type Total Rent: $900
  • Unit Type Pro Forma: 1100
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 8
  • Rent Controlled: No
  • Number Of Buildings: 6
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 2

Property History for 1609-1605 South Atlantic Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1609-1605 South Atlantic Boulevard

This home is within Alhambra Unified School District.
Rating
School
Type
Grades
Distance
Marguerita Elementary School
Public - K to 8
Alhambra High School
Public - 9 to 12
Independence High (Alternative) School
Public - 9 to 12
Century High School
Public - 9 to 12
Rating
School
Distance
Marguerita Elementary School
PublicK to 8

Alhambra High School
Public9 to 12

Independence High (Alternative) School
Public9 to 12

Century High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1609-1605 South Atlantic Boulevard, Alhambra, CA 91803

1609-1605 South Atlantic Boulevard is a multi-family home for sale in Alhambra, CA 91803. This property was listed for sale on February 3, 2024 by H & M Realty Group, it's currently listed at $3,600,000. This listing's school district is Alhambra Unified School District. Nearby schools include Marguerita Elementary School, Alhambra High School and Independence High (Alternative) School. 1609-1605 South Atlantic Boulevard is a 11-bed, 8-bath, 6,415 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of H & M Realty Group, Andrew Homs, DRE #01893992

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.