$1,200,000
For Sale

433 N Palm Avenue

Alhambra, CA 91801
0.17 acres | #OC24201347
Listing OfficeAssurance Properties
Browse 33 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Investor's dream! This duplex, located in the heart of Alhambra and directly across from scenic Alhambra Park, sits on a 7,562 sqft lot in a Residential High-Density (RH) zone. With zoning that allows for the potential to build approximately 4 units, this property offers significant development potential. For those looking to fix and flip, the current structure is an ideal project for value-add improvements. Alternatively, investors seeking a fix-and-hold strategy can renovate the existing property and take advantage of the high-demand rental market in this prime location. Whether you're looking to sell for a quick return or hold for long-term rental income, this property offers unmatched potential in a highly sought-after area. Don't miss out on this incredible investment opportunity!

  • Property Details
      • Utility FeaturesElectricityConnected, NaturalGasAvailable, SewerConnected
      • Lot DescriptionTwoToFiveUnitsAcre
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,200,000
      • MLS #OC24201347
      • MLS #OC24201347
      • Cost1200000
      • Acres0.1736
      • Utility SourcePublic
      • Property SubtypeDuplex
      • Year Built1924
      • Stories1
      • Parking Spaces2

Location

Christopher PereaReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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