For Sale
$2,500,000

400 Atlantic Blvd Alhambra, CA 91801

Prime Alhambra location, 8-unit apartment building, high rental income.

Overview

Added:
Feb 3
Days on market:
83
This exceptional investment opportunity presents an 8-unit apartment complex ideally situated in North Alhambra, California, at 400 N Atlantic Boulevard. The property boasts a total area of 5,829 square feet and sits on a 0.3-acre lot. The elegant Spanish garden-style building features a mix of unit sizes, offering two two-bedroom, one-bathroom units and six one-bedroom, one-bathroom units. Many units include the added benefit of a private balcony or patio, enhancing their appeal to tenants. Each of the eight units comes with its own gated carport space, providing convenient and secure parking for residents. Further adding to the property's convenience, on-site laundry facilities are available for tenant use. A dedicated storage room is also included. Currently, all eight units are leased, generating a consistent rental income stream. The property's location is highly desirable, situated in North Alhambra, close to the vibrant Downtown Alhambra area, north of Main Street and south of Huntington Drive. This makes it an attractive location for renters seeking proximity to local amenities and businesses. This property presents a strong investment opportunity with significant potential for future growth and return. The asking price is $2,500,000.

Property Details for 400 Atlantic Blvd

Property type
Industrial properties
Square Feet
5,829 SF
Year Built
1950
Lot Size (sq. ft)
13,068 SF

Location Insight

City
Alhambra
County
Los Angeles
State
California
Latitude
34.097
Longitude
-118.1344

FAQs

What type of property is this?
Industrial property - Prime Alhambra location, 8-unit apartment building, high rental income.
Where is the industrial property located?
The property is located at 400 Atlantic Blvd Alhambra, CA.
What is the asking price?
The asking price for this property is $2,500,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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400 Atlantic Blvd
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