2424 W Grand Avenue Alhambra, CA ^$ 2,500,000

2424 W Grand Avenue

^$ 2,500,000

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Recently Listed

2424 W Grand Avenue

Alhambra, CA, 91801

^$ 2,500,000

Bedrooms11 Baths6.0 Sq 6,552

Monthly Estimate*

^$ 17,463

Listed by CB Richard Ellis, Inc.

2424 W Grand Avenue, Alhambra, CA 91801 - Image 1

2424 W Grand Avenue, Alhambra, CA 91801 - Image 2

2424 W Grand Avenue, Alhambra, CA 91801 - Image 3

2424 W Grand Avenue, Alhambra, CA 91801 - Image 4

2424 W Grand Avenue, Alhambra, CA 91801 - Image 5

2424 W Grand Avenue, Alhambra, CA 91801 - Image 6

2424 W Grand Avenue, Alhambra, CA 91801 - Image 7

2424 W Grand Avenue, Alhambra, CA 91801 - Image 8

Multi-Family Home for sale in Alhambra, CA

for $2,500,000 with 11 bedrooms and 6 full baths. This 6,552 square foot home was built in 1912 on a lot size of 0.4593.

Development Opportunity | 2424 W Grand Avenue is an eight plus one non-conforming unit multifamily property comprised of six separate buildings totaling 6,552 on an oversized 20,006 RH lot. Mostly bungalow style, the property is separately metered for gas and electric, and offers seven carport spaces with storage bins. 2424 W Grand Avenue boasts an excellent unit mix of one non-conforming studio/one-bathroom unit, four one-bedroom/one-bathroom units, and four two-bedroom/one-bathroom units. Units offer individual water heaters, dual entrances, washer and dryer hookups, unexposed hardwood floors, wall units for heating and cooling, and a gas stove. The units are distinct as they are mostly bungalow style units, and considered highly desirable to residents who prefer minimal common walls, single story units, and the feel of a private, individual home.

Multi-Family Active

Price

^$ 2,500,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.4593

Year Built

1912

Town/City

Alhambra

County/Region

Los Angeles

MLS | Web ID

24383467

Days on Market

Features

General

Heating WallFurnace

Zoning ALRPD-CPD*

Pool Features None

Construction Materials Frame Stucco WoodSiding

Year Built 1912

Tenant Pays Electricity Gas

Levels MultiSplit

Gross Income 143580.0

County Los Angeles

Net Operating Income 75991.0

Insurance Expense 6010.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Located just north of Main Street between Fremont Avenue and Atlantic Boulevard

City Alhambra

View Y/N N

Senior Community Y/N N

Total Units 9

MLS Area 601 - Alhambra

Lot Size Square Feet 20006.0

Private Pool N

Waterfront Y/N N

Carport Spaces 7.0

Carport Y/N Y

Street Name Grand

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 2783.0

Water Sewer Expense 2366.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Year Built Source Assessor

Taxes 32459.0

Interior

Flooring Wood

Fireplace Features None

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 11

Electric On Property Y/N N

Total Baths 6

Exterior

Parking Features Carport

Total Parking 7.0

Lot Size Area 20006.0

Number of Buildings 6

Spa N

Building Area Total 6552.0

Lot Size Acres 0.4593

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2424

* Excluded Features

List By

Cb Richard Ellis, Inc.

Broker

(310) 550-2508

Phone

Affordability Calculator

$17,463

Per Month

Monthly Principal & Interest: $17,463
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Alhambra, CA

Average List Price ^$2,036,196

Percent of Sale Price 19%

About Alhambra, CA

85,595 Population

1% Since 2002

^$56,913 Median Income

40.88 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/25/2024	$2,500,000		Listed Price

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2424 W Grand Avenue, Alhambra, CA, 91801 is a Multi-Family Home for sale at $2,500,000 with 6,552 sqft and a lot size of 0.4593. 2424 W Grand Avenue has 11 bedrooms, 6.0 baths, and was built in 1912. The property's zip code is 91801 which is in Alhambra, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/4/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2424 W Grand Avenue

Multi-Family Home for sale in Alhambra, CA

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