328 N Curtis Ave Alhambra, CA 91801

The property was built in 1917/1959 and offers a strong unit mix of one two-bedroom/one-and-a-half-bathroom single-family residence, two two-bedroom/one-bathroom units, and two one-bedroom/one-bathroom units. The single-family residence will be delivered vacant at close of escrow, which offers a new investor immediate value-add potential by repositioning the unit with a thorough renovation strategy to achieve market rent. The property offers five covered carport parking spots (no soft-story retrofit required), on-site laundry, and individual water heaters for each unit. It is also individually metered for gas and electricity and the single-family residence offers a basement. The units utilize wall air conditioning units and the single family residence also offers central heating. The property also benefits from extensive improvements. On-site laundry just received a new washer and dryer unit, the property was recently repainted three years ago, and the pitched roof on the two-story building was replaced six years ago as was the sewer line. This saves a new investor thousands in capital expenditures.