Absolutely Diamond in the Rough! This is a great opportunity for investors or handy buyers to own this 3 units property. It contains total two buildings. The main house is a classic cottage-style craftsman bungalow with 2 levels. Huge living room and dining room on 1st floor, and each room is very specious too. Owner occupies the 1st floor, estimate monthly rent at lease could be $1600 for the first floor ; 2nd floor with it's own entrance, the tenant pays $900 per month now. This building is an old charming but needs some cosmetic repairs and updating throughout; the 2nd building is 2 units which was been built in 1978 with alley access, each unit has 2 car garage with fair condition inside, one unit rents for $1350 and the other one rents for $1450 now. extra space for laundry & permitted recreation room along with 2nd building. Total living is 5277sqft on assessor data.
It has tons of potential in the nice Alhambra neighborhood. Convenient location easy access to freeways and down town LA, walking distance to markets, restaurants, and bus stations. Alhambra school district. Substantial upside rental income potential. The possibilities of this property are endless for the right buyer. A truly great deal. Offer subject to inspection, motivated seller.