Alhambra, CA 91801,109 N Marguerita Avenue
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Alhambra, CA 91801,109 N Marguerita Avenue
Alhambra, CA 91801,109 N Marguerita Avenue
Alhambra, CA 91801,109 N Marguerita Avenue
Alhambra, CA 91801,109 N Marguerita Avenue
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Listed by Shant Dimijian • Berkshire Hathaway Home Services Golden Properties
$ 1,688,000
Est. payment /mo
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109 N Marguerita Avenue Alhambra, CA 91801

3,183 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,183 sqft

Price per Sqft $530

MLS Listing ID CRPF25192757

HOA Y/N No

Year Built 1959

Lot Size 5,998 Sqft

Property Sub-Type Other

Source Datashare California Regional

Property Description

A rare opportunity to acquire a 6-unit multifamily property located in the heart of Alhambra. Situated just north of Main Street, this well-positioned asset offers stability and long-term growth potential in one of San Gabriel Valley's most desirable rental markets. The property consists of two buildings with a total of six well-maintained 1 bed/1 bath units, one of which is newly renovated. Gross Scheduled Rent totals $137,520. Each unit enjoys its own one-car garage and one additional driveway space. The building does not have gas, and each unit is separately metered for electric. There is a laundry unit in the rear building and a courtyard space between the two buildings. Lastly, the rear 3 units and their corresponding garages have alley access. With its central location, residents enjoy easy access to Downtown Alhambra's vibrant dining, retail, and entertainment options, as well as close proximity to schools, parks, and major freeways (I-10, 710, and 210), ensuring convenient commutes throughout the Greater Los Angeles area. This property presents an exceptional opportunity for investors seeking steady income, long-term appreciation, and a foothold in a strong rental market.

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Other

Exterior

View None

Building

Lot Description Other, Paved


Bay East Association of Realtors
The Rama Mehra Team

The Rama Mehra Team

Company | License ID: CA 02014153

+1(925) 415-0835

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109 N Marguerita Avenue