225 Palmetto Drive
$4,999,988
—
11,110
11,110
$450
Description
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...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.
- Listed by Cindy Chin • DRE #01921826 • Brokerage DRE #01921826 • Cindy Chin Realty • 949.698.0117
Property Details for 225 Palmetto Drive
Total Units
15.0
Lot Size SourceAssessor
Building Area Total11110
Building Area UnitsSquare Feet
Stories Total2
Entry Level1
Parcel Number5347004016
AreaAlhambra (601)
LISTING UPDATED: 06/09/2024 12:21 PM
Property Details for 225 Palmetto Drive
Status | Active |
---|---|
MLS # | OC23107462 |
Days on Market | 487 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi Family |
Year Built | 1963 |
Lot Size | 0.38 AC / 16,570 SF |
County | Los Angeles County |
Building Information for 225 Palmetto Drive
Stories2Residences-Year Built1963Building Size-Lot Size0.38 AC / 16,570 SF
Property Information for 225 Palmetto Drive
Property History for 225 Palmetto Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 225 Palmetto Drive
Taxable ValueLand$2,712,669Additions$1,811,554Total$4,524,223
Tax Record2024$57,316 ($4,776 / month)
Home Facts
Total Finished SqFt11,110 SqFtAbove Grade Finished SqFt11,110 SqFtLot Size16,570 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningALRPD*CountyLOS ANGELESAPN5347-004-016
Schools near 225 Palmetto Drive
This home is within Alhambra Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Martha Baldwin Elementary School PublicK to 8 | ||
Alhambra High School Public9 to 12 | ||
Century High School Public9 to 12 | ||
Independence High (Alternative) 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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