40
See all 40 photos
$1,580,000
Est. payment /mo
7 Beds
7,484 Sqft Lot
New
2204 Orange Grove Alhambra, CA 91803
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26000397
Bedrooms 7
Lot Size 7,484 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
2204 Orange Grove Ave is a well located triplex in a highly desirable residential pocket of Alhambra, surrounded primarily by single family homes. The property offers a versatile layout that works well for an owner user or an investor seeking stable income with future upside. The building consists of three units totaling 7 bedrooms, 4 baths and approximately 3,074 square feet on a 7,481 square foot lot. The unit mix includes one 3 bedroom 2 bath unit and two 2 bedroom 1 bath units. Per owner, the ground level 3 bedroom unit is approximately 1,244 square feet, while each of the upper units is approximately 950 square feet; all square footage figures are estimates and should be verified by the buyer. The 3 bedroom unit is located on the ground level with a spacious and functional floor plan, while the two upper units offer efficient layouts and consistent rental demand. The property offers in-place rental income, providing immediate cash flow for a new owner. Parking is a significant advantage, with four individual garages plus additional off street parking along the rear driveway accessed from the alley. Each unit is separately metered for electricity, and an on site laundry area provides added convenience and supplemental income. The large rear lot may offer future potential for expansion or accessory dwelling unit possibilities, subject to buyer verification and city approval. This creates an opportunity to add value over time while holding a well positioned asset. Conveniently located near parks, shopping, dining, and schools, with easy access to the 10, 60, and 710 freew
Location
State CA
County Los Angeles
Zoning Assessor
Direction (From the 10 East) Follow I-10 W to W Hellman Ave in Alhambra. Use the left lane to turn left onto W Hellman Ave. Turn left onto
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5352020007
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Listed by Felix Hung Real Broker
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