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856 Alameda Street
Altadena, CA 91001
Alexis Stapp-Fu with EXP REALTY OF CALIFORNIA INC, original listing - (888) 584-9427

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Property Details


List Price: $4,200,000
Beds: 18
Baths: Full: 9, ½: 1
Status: Active
SqFt: 6812 Square Feet
Agency: EXP REALTY OF CALIFORNIA INC
Agency Phone: (888) 584-9427

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Description/Comments


Lot Size: 0 acre(s)
Property Type: Residential Multi Family-Other
Year Built: 1987
Notes: Discover an exceptional residential income property in a highly sought-after Altadena neighborhood. This versatile investment features four separate buildings with a total of nine income-generating units, including one single-family residence, two duplexes, and one four-plex. Unit number include 1, 1A, 2, 3, 3A, 4, 5, 5B, and 6. The property offers a mix of layouts to cater to diverse tenant needs, with highlights such as 8 covered carport spaces, 2 uncovered spaces, and a shared laundry area, while Units #1, #2, and #4 enjoy the added convenience of interior laundry. Designed for ease of management, this low-maintenance property includes 6 gas meters and 7 electric meters, ensuring efficient operation. Select units feature private enclosed yards, and all are equipped with wall A/C and heaters. There are also two storage units on the property. The buildings are thoughtfully laid out, with Unit #6 as a standalone home, Units #5 and #5B forming a duplex, Units #2 and #4 featuring an upper/lower duplex design, and Units #1, 1A, 3, and 3A comprising a four-plex. The property has been meticulously maintained, with roofs in great condition at just 15 years old, freshly landscaped grounds, and recently remodeled interiors. This is a prime investment opportunity offering stable rental income and significant upside potential in a fantastic location. Contact us today and be sure to check out our video tour!
MlsNumber: --
ListingId: CV24237527


Listing Provided By: EXP REALTY OF CALIFORNIA INC, original listing
Phone: (909) 727-2391
Office Phone: (888) 584-9427
Agent Name: Alexis Stapp-Fu
Disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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