Alhambra, CA 91801,109 N Marguerita Avenue

$1,638,000

$1,688,000

3.0%
Est.Price: ?

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Est. payment /mo

3,183 SqFt


SOLD DATE : 12/04/2025

Key Details

Sold Price $1,638,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,183 sqft

Price per Sqft $514

MLS Listing ID CRPF25192757

Sold Date 12/04/25

HOA Y/N No

Year Built 1959

Lot Size 5,998 Sqft

Acres 0.14

Property Sub-Type Other

Property Description

A rare opportunity to acquire a 6-unit multifamily property located in the heart of Alhambra. Situated just north of Main Street, this well-positioned asset offers stability and long-term growth potential in one of San Gabriel Valley's most desirable rental markets. The property consists of two buildings with a total of six well-maintained 1 bed/1 bath units, one of which is newly renovated. Gross Scheduled Rent totals $137,520. Each unit enjoys its own one-car garage and one additional driveway space. The building does not have gas, and each unit is separately metered for electric. There is a laundry unit in the rear building and a courtyard space between the two buildings. Lastly, the rear 3 units and their corresponding garages have alley access. With its central location, residents enjoy easy access to Downtown Alhambra's vibrant dining, retail, and entertainment options, as well as close proximity to schools, parks, and major freeways (I-10, 710, and 210), ensuring convenient commutes throughout the Greater Los Angeles area. This property presents an exceptional opportunity for investors seeking steady income, long-term appreciation, and a foothold in a strong rental market.

Location

State CA

County Los Angeles

Zoning ALRP

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Other

Exterior

View Y/N false

View None

Building

Lot Description Other, Paved

New Construction No

Others

Tax ID 5338011003

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Bridge MLS
Listed by Shant Dimijian • Berkshire Hathaway Home Services Golden Properties
Bought with MomentLu
Houstir Inc

+1(888) 897-9667

support@houstir.com

1300 Eastman Ave, Ventura, California, 93003

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