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Listed by RE/MAX PREMIER/ARCADIA
$ 1,598,000
Est. payment /mo
Active Under Contract
28 Los Higos Street Alhambra, CA 91801
3,158 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,158 sqft
Price per Sqft $506
MLS Listing ID CRWS25266669
HOA Y/N No
Year Built 1946
Lot Size 8,102 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
A rare and highly sought-after 4-unit configuration in the heart of Alhambra, one of the most popular and stable property types for long-term investment. This well-maintained asset offers strong and steady cash flow with long-term, reliable tenants and very low turnover. Current actual monthly rent income is $10,697 with all lease and documentation, significantly higher than many neighboring comparables. This 4-unit property has been thoughtfully maintained and managed by the owner, keeping it in decent condition. All units enjoy great natural light and functional layouts, and three units have in-unit laundry, making them consistently appeal to renters. The property features two buildings: a standalone front house and a rear triplex, all situated on a wide driveway with easy access and practical parking, ideal for simple, low-maintenance management. Located in a quiet, established neighborhood, this property provides exceptional convenience, Minutes to Downtown LA, perfect for commuter tenants, Close to Pasadena, San Gabriel Valley job centers, and major freeways. Walking distance to parks, schools, and shopping. Situated in one of Alhambra's safe and well-kept residential pockets. With solid rental income, stable tenancy, and a prime location in the steadily growing and well-pla
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Concrete, Laminate, Tile, Wood
Fireplace No
Laundry Inside
Building
Lot Description Level, Other, Back Yard, Front Yard, Garden, Landscaped