AGGREGATE INVESTMENT PARTNERS of KW Commercial is pleased to present the opportunity to purchase this non-rent control 9 units multifamily apartment complex located at 304-306 S. Chapel Avenue in the city of Alhambra, California. It is a rare opportunity for an investor to own in this highly desirable area of Alhambra. The property consists of five bungalow style single-story apartments with huge upside in rental potential. Building size is +/-5,400 square feet, sitting on a large +/-19,792 square feet lot. Furthermore, the unit mix consists of one 2 Bed + 1.5 Bath, and eight 1 Bed + 1 Bath. There are open parking on the side and back of the property along with garage spaces. The property is conveniently located with close proximity to 99 Ranch Market, LA Fitness, Almansor Park, Main Street movie theater and restaurants, with easy access to the 10 and 710 freeways. The large lot presents development potential for additional units (buyer to verify with City of Alhambra).Please download the OM from MLS or LoopNet for rent roll and details.
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