JUST REDUCED !!! Re/max Advanced Realty is featuring a newly remodeled duplex (side by side) 1 bedroom 1 bath unit and 2 bedroom 1 bath unit on one huge lot located north of Alhambra, border of South Pasadena and San Marino. Property is 100% occupied with long term tenants. Current rents are below market value. Purchaser will have upside potential for higher rent income. Projected gross annually income $33,000. Easily rent out in this most desirable neighbourhood. Own laundry on site. New gas and electric meter has been installed and separately metered. Many amenities all within 5 miles radius to downtown Alhambra, Emery Park Elementary, Alhambra High, supermarkets, restaurants, entertainment, Alhambra hospital, and Alhambra Park. Close to I-110 freeway for easy commute to downtown LA in 15 mins. Property is being sold AS IS condition, Seller will make NO termite clearance, credits, and repairs. Ideal 1031/investment property in convenient location with NO rent control in Alhambra. The large 7,493 lot size offers potential for new development project in R2 zone. Check with city for requirements. GREAT POTENTIAL FOR CASH BUYERS. DRIVE BY ONLY!! PLEASE DO NOT DISTURB THE OCCUPANTS!!
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