225 Palmetto Dr
Alhambra, CA 91801

  • – beds
  • – baths
  • – sqft
  • ~1/2 acre lot
  • 1963 build
  • on site

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We're pleased to present the rare opportunity to acquire a 15-unit multi-family investment in Alhambra, California. The property is located at 225 Palmetto Drive, Alhambra, one of the most desirable city in Los Angeles County. This medium-sized multi-family Asset located in a market with solid demographics and unique accessibility to major employment hubs, providing access to a growing number of retail and restaurant amenities. The spacious unit mix consists of 7 one-bedroom/ one-bath units, 7 two-bedroom/one-bath units, and 1 three-bedroom/ two-bedroom unit. This property offers upscale for investors to invest an asset with well-maintained condition. Seven units have been fully renovated. Ideal for 1031 exchange with potential upside. 4.47% IN PLACE CAP RATE IN ALHAMBRA.

California Regional MLS logo Listed By CRMLS_CA / Jared Leung / MacroReal Inv Grp Inc.

Last checked: Checking… • Last updated Apr 17, 2024 •

MLS# TR19087505 —

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Sale history

Date Event Source Price % Change
10/3/22
Listed / Active CRMLS_CA
10/25/19
Sold CRMLS_CA $4,218,000 -3.7%
9/27/19
Pending CRMLS_CA $4,380,000

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Multifamily Sold on 10/25/2019

$4,218,000

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Listing provided by broker:

Jared Leung

MacroReal Inv Grp Inc.

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and MacroReal Inv Grp Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 19:19 on May 06.

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