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Listed by Alexis Stapp-Fu • EXP REALTY OF CALIFORNIA INC
$4,200,000
Est. payment /mo
6,812 SqFt
Active
856 Alameda Street Altadena, CA 91001
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UPDATED:
12/16/2024 10:05 PM
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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