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Sold for $1,540,000
  • Listing Provided by: Re/Max Premier Prop Arcadia
    Bought with: Re/Max Premier Prop Arcadia
    $1,540,000

    122 N 2nd St, Alhambra, CA 91801

    8beds
    8baths
    4,444sqft
    Quadruplex
    Built in 1988
    -- sqft lot
    $1,806,900 Zestimate®
    $347/sqft
    $2,733 Estimated rent

    Home value

    $1,806,900

    $1.64M - $2.01M

    $2,733/mo

    Zestimate® history
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    What's special

    Home depotPublic libraryNeighborhood restaurantsLaundry room
    Attention All Buyers and Investors! We are delighted to present an exceptional opportunity to acquire a charming 4-unit property located in the highly desirable city of Alhambra! First time on the market since 1993. This Unique asset, situated on a single lot, R-3 zoning and features (4) 2 bedrooms and 1.5 baths with shared on-site Laundry room and attached underneath 2-car garage. Pretty good layout for each unit, big open space for living and dining area. 2 bedrooms upstairs. 100% occupied most at below average market rents. All tenants are long term, and each is month-to-month. Inside the property needs some TLC. The property is conveniently located near Alhambra High School, Public Library, neighborhood restaurants, Starbucks, entertainment, shopping including Home Depot, Target, Costco, 99 Ranch Market and is also near public transportation. It's just minutes from the 10 Freeway for convenient access to the 710 and 5 Freeways offering an easy commute to downtown LA and to Pasadena. Kindly do not disturb the tenants and walk on the promise. Don’t miss out on the chance to capitalize on this remarkable investment opportunity! Property Video with Drone: https://youtu.be/uAiqGzUFUxM

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Yuqing Wang DRE #02020777 626-229-2200,

    Re/Max Premier Prop Arcadia

    Bought with:

    Yuqing Wang, DRE #02020777

    Re/Max Premier Prop Arcadia

    Source: CRMLS,MLS#: AR23117211MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,444
    • Total interior livable area: 4,444 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Garage
    • Garage spaces: 9
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 7,220 sqft
    Details
    • Parcel number: 5337018010
    • Zoning: ALRPD*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Alhambra

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange

    Price history

    DateEventPrice
    11/1/2023Sold$1,540,000-8.3%$347/sqft
    Source: CRMLS #AR23117211 Report a problem
    10/19/2023Pending sale$1,680,000$378/sqft
    Source: CRMLS #AR23117211 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,889 +3.1%$1,570,800 +2%
    2024$19,297 +64.2%$1,540,000 +74.6%
    2023$11,749 +4.8%$882,174 +2%
    2022$11,211 +1.2%$864,877 +2%
    2021$11,082 +0.5%$847,919 +1%
    2020$11,025 $839,226 +2%
    2019$11,025 +3%$822,772 +2%
    2018$10,703 $806,640 +2%
    2017$10,703 +1.4%$790,824 +2%
    2016$10,558 +7.2%$775,318 +1.5%
    2015$9,845 +2.6%$763,673 +2%
    2014$9,594 $748,714 +2.5%
    2012-- $730,718 +2%
    2011-- $716,392 +0.8%
    2010-- $711,039 -0.2%
    2009-- $712,729 +2%
    2008-- $698,755 +2%
    2007-- $685,055 +2%
    2006-- $671,623
    2005-- $671,623 +12.9%
    2004-- $595,000
    2003-- $595,000
    2002-- $595,000 +73%
    2000-- $344,000

    Find assessor info on the county website

    Neighborhood: 91801

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,806,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,806,900