856 Alameda Street Active

Altadena,CA 91001

$ 4200000

- Bed

0 Bath

6812 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,812 sqft

Price per Sqft $616

MLS Listing ID CV-24237527

Year Built 1987

Lot Size 0.336 Acres

Property Description

Discover an exceptional residential income property in a highly sought-after Altadena neighborhood. This versatile investment features four separate buildings with a total of nine income-generating units, including one single-family residence, two duplexes, and one four-plex. Unit numbers include 1, 1A, 2, 3, 3A, 4, 5, 5B, and 6. The property offers a mix of layouts to cater to diverse tenant needs, with highlights such as 8 covered carport spaces, 2 uncovered spaces, and a shared laundry area, while Units #1, #2, and #4 enjoy the added convenience of interior laundry. Designed for ease of management, this low-maintenance property includes 6 gas meters and 7 electric meters, ensuring efficient operation. Select units feature private enclosed yards, and all are equipped with wall A/C and heaters. There are also two storage units on the property. The buildings are thoughtfully laid out, with Unit #6 as a standalone home, Units #5 and #5B forming a duplex, Units #2 and #4 featuring an upper/lower duplex design, and Units #1, 1A, 3, and 3A comprising a four-plex. The property has been meticulously maintained, with roofs in great condition at just 15 years old, freshly landscaped grounds, and recently remodeled interiors. This is a prime investment opportunity offering stable rental income and significant upside potential in a fantastic location. Contact us today and be sure to check out our video tour!

Location

State CA

County Los Angeles

Zoning LCR2YY

Interior

Laundry See Remarks,Common Area,Inside

Exterior

Parking Features Gated

Pool None

Community Features Suburban

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

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