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312 314 N Primrose Avenue

Alhambra, CA 91801

– beds
– baths
– sqft
8,228 sqft lot
1923 build
– on site

Disclosure: Latest appraisal report (as of June 2023) valued the property at $1.7million (was in escrow for $2million in June 2023 - report available for qualified buyer). It is a single-story bungalow style fourplex located in the best location of Alhambra. It is situated on a quiet residential street in north Alhambra, and adjacent to both San Marino and South Pasadena; yet it provides convenience to tenants due to its strategic location just within minutes to many area amenities like shopping (Costco, Target), Alhambra Park, schools, churches, downtown Alhambra on Main Street, and easy access to FWY 10 and FWY 110 via Fremont Ave. This offering provides investor with opportunity to buy an easy to manage and rent apartment investments in the best location of Alhambra. The property has undergone many capital improvements, most recent ones are new roof for back duplex (October 2023), new drought tolerant landscaping (front lawn) and new exterior paint (back duplex + garage). The building consists of two duplexes. The front duplex consists of two x 1bedroom+1bathroom bungalow style units. Each unit comes with in-unit laundry machines (seller provided). One of the front units (#312) has been partially upgraded with luxury vinyl wood flooring, quartz kitchen countertops, new kitchen, recessed lightings, and new laundry machines (come with the property). The other front unit (#314) has been fully upgraded with new kitchen, new flooring, new stainless-steel appliances, in-unit laundry machines, new A/C, new windows, etc. The back duplex consists of one x 1bedroom+1bathroom, and one x studio. Both back units have been completely upgraded with new flooring, new kitchen (cabinets and quartz countertops), recessed lightings, and mini split A/C and heating units. These back 2 units do not have any laundry hookups and there is no laundry facility in the building (new owner can create laundry facility in one of the storage spaces). The property has a detached garage which provides 2 parking spaces and 2 storage spaces. There are 4 additional striped parking spaces in front of the garage. The 1 detached garage spaces are being used as storage spaces by tenant – the other 1 garage space are rented on month to month basis by one of the new tenant. The building is separately metered for electricity and gas.

Listed By CRMLS_CA / Han Chen / Growth Investment Group Pasade / 626-224-2495

Last checked: Checking… • Last updated Feb 27, 2024 •

MLS# AR23195527 —

The Building

Year Built:

1923
Year Built Source:

Assessor
New Construction:

No
Architectural Style:

Bungalow
Roof:

Asbestos Shingle
Entry Level:

1
Accessibility Features:

None
Common Walls:

2+ Common Walls, No One Above, No One Below
Faces:

West
Building Area Units:

Square Feet
# of Buildings:

3
Total Number Of Units:

4
Stories Total:

1
# of Separate Gas Meters:

4
# of Separate Water Meters:

1
# of Separate Electric Meters:

4

Interior

Levels:

One
Entry Location:

1
Flooring:

Vinyl, Wood
Number Wall AC:

4
Fireplace:

No
Fireplace:

None
Laundry:

None, Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included

Financial & Terms

Disclosures:

LA/Owner Related, Principal Is RE Licensed, Seller Will Pay Sec. 1 Termite

Location

Directions:

from Huntington Dr go south on Marengo Ave then make right on Alhambra Rd and left on Primrose Ave
Latitude:

34.09799400
Longitude:

-118.14872300

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Updated/Remodeled
Zoning:

ALRPD*
Lot Features:

Landscaped, Level with Street, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Park Nearby
Lot Size Area:

8228.0000
Lot Size Acres:

0.1889
Lot Size SqFt:

8228.00
Lot Size Source:

Assessor
View:

None
Fencing:

None
Fence:

No
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

4808.04
Tax Lot:

166

The Listing

Buyer's Brokerage Compensation:

2.500%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2.50
Parcel Number:

5339014004

Heating & Cooling

Heating:

1
Heating:

ENERGY STAR Qualified Equipment, Wall Furnace
Cooling:

Yes
Cooling:

Ductless, ENERGY STAR Qualified Equipment

Utilities

Utilities:

Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Gas Range, Range Hood, Refrigerator
Included:

Yes

The Community

Senior Community:

No
Neighborhood:

North Alhambra
Features:

Suburban, Valley
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

Yes
Assessments:

Buyer to Verify

Parking

Parking:

Yes
Parking:

Garage, Uncovered
Parking Spaces:

7.00
Garage Spaces:

2.00
Uncovered Spaces:

5.00

Extra Units

Number With Disposal:

4
Number With Refrigerator:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
10/19/23 Oct 19, 2023	Listed / Active	CRMLS_CA	$1,700,000
8/18/22 Aug 18, 2022	Listed / Active	CRMLS_CA
6/7/22 Jun 7, 2022	Listed / Active	CRMLS_CA

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This multifamily located in Dolgeville, Alhambra, CA 91801 is currently for sale for $1,700,000. 312 314 N Primrose Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 183 days. 312 314 N Primrose Avenue is in the Dolgeville neighborhood of Alhambra and has a WalkScore® of 79, making it very walkable. This multifamily is in the attendance area of Park Elementary School and Alhambra High School.

Listing Courtesy of: CRMLS_CA and Growth Investment Group Pasade. Based on information from California Regional Multiple Listing Service, Inc. as of 12:48 on Apr 19.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.