1609 1605 S Atlantic BLVD, Alhambra, CA 91803 - MLS#OC24025079

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$3,600,000

Est. payment - /mo

0.52 Acres Lot

Active

1609 1605 S Atlantic BLVD Alhambra, CA 91803

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Mason Frakes

mason@masonfrakesrealestategroup.com +1(805) 260-4860

UPDATED:

12/05/2024 12:54 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24025079

HOA Y/N No

Year Built 1947

Lot Size 0.524 Acres

Property 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 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.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Zoning ALRPD*

Interior

Fireplace No

Laundry Inside

Exterior

Parking Features Carport, Garage, On Site

Garage Spaces 7.0

Carport Spaces 1

Garage Description 7.0

Pool None

Community Features Storm Drain(s), Sidewalks

Total Parking Spaces 9

Private Pool No

Building

Lot Description Back Yard, Front Yard, Landscaped, Sprinkler System, Yard

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5356016044

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Lease Land No

Listed by Andrew Homs • H & M Realty Group • 949-229-2704

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Mason Frakes

Broker Associate | License ID: 02036823

+1(805) 260-4860

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1609 1605 S Atlantic BLVD Alhambra, CA 91803

Mason Frakes

Key Details

Location

Interior

Exterior

Building

Others

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1609 1605 S Atlantic BLVD