For Sale
$4,999,988

225 Palmetto DrAlhambra, CA 91801

15-Unit Building, High Occupancy, Strong Cash Flow

Overview

Added:
Feb 3
Days on market:
61
This exceptional commercial investment opportunity in Alhambra, California, presents a 15-unit multi-family residential building situated on a 0.38-acre lot at 225 Palmetto Drive. The property boasts a total of 11,110 square feet and comprises a diverse mix of one, two, and three-bedroom units, catering to a wide range of tenant needs. Currently operating at 100% occupancy, this property generates a robust cash flow, offering immediate returns for investors. Each unit has been meticulously designed to ensure high tenant satisfaction and consistent occupancy rates, contributing to the property's strong financial performance. The asking price is $4,999,988, translating to $333,333 per unit. This prime Alhambra location promises not only immediate income but also significant potential for long-term capital appreciation. The combination of full occupancy, diverse unit types, and a desirable location makes this a compelling investment for those seeking a stable, high-yield asset. This property represents a rare opportunity to acquire a well-maintained, high-performing multi-family building in a thriving market.

Property Details for 225 Palmetto Dr

Property type
Square Feet
11,110 SF
Year Built
1963
Lot Size (sq. ft)
16,553 SF

Location Insight

City
Alhambra
County
Los Angeles
State
California
Latitude
34.08764
Longitude
-118.1265
225 Palmetto Dr, Alhambra, California

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225 Palmetto Dr
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