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429 N Electric Avenue

Alhambra, CA 91801
  • $1,850,000
  • STATUS: Closed
  • ON SITE: 83 Days
  • MLS #: SR24218907
Sold - 01/14/2025
$1,850,000
SOLD - 01/14/2025
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1969
County:

School Ratings & Info

Listing Agent(s): Braemon Hanes of Hanes Investment Rlty (818-865-8305)


Description

Hanes Investment Realty, Inc. is proud to announce that we have been selected as the exclusive marketing agent for the investmentopportunity in Prime North Alhambra just 2 short blocks from South Pasadena on a beautiful, tree lined street.The Electric Ave. property currently consists of four multifamily units with one 3 bedroom, 2 bath apartment and three 2 bedroom, onebath apartments. The three bedroom is located at the front of the structure and features a fireplace. The lower two bedroom unit to be available for potential owner use. The property has had a number of recent improvements and is generally very well maintained by the current, hands on, ownership. The following is per title profile records: (Note: Seller is a CA RE licensee acting as a principal)- Parcel number: 5338-008-016- Tract: 4803.03- Living area: 4,446- Lot Sq. Ft.: 7,399 (0.17 Acres)- Year Built: 1969- Zoning: ALRPD* Residential Planned Development

Sold by Kit Law of GRANDMARK REALTY INC..

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-24T11:30:15.45. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/157423902
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429 N Electric Avenue Alhambra, CA 91801

  • Price: $1,885,000
  • Status: Closed
  • On Site: 83 Days
  • Updated: 48 min ago
  • MLS #: SR24218907
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1969
Built
Neighborhood:
601 - Alhambra
County:
Los Angeles
Area:
601 - Alhambra
Property Description
Hanes Investment Realty, Inc. is proud to announce that we have been selected as the exclusive marketing agent for the investmentopportunity in Prime North Alhambra just 2 short blocks from South Pasadena on a beautiful, tree lined street.The Electric Ave. property currently consists of four multifamily units with one 3 bedroom, 2 bath apartment and three 2 bedroom, onebath apartments. The three bedroom is located at the front of the structure and features a fireplace. The lower two bedroom unit to be available for potential owner use. The property has had a number of recent improvements and is generally very well maintained by the current, hands on, ownership. The following is per title profile records: (Note: Seller is a CA RE licensee acting as a principal)- Parcel number: 5338-008-016- Tract: 4803.03- Living area: 4,446- Lot Sq. Ft.: 7,399 (0.17 Acres)- Year Built: 1969- Zoning: ALRPD* Residential Planned Development
Exterior Features

Carport Spaces 4 Carport YN Yes Entry Level 1 Entry Location Street Lot Features 16-20 Units/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 2 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Buyer Financing Conventional Common Interest None Community Features CurbsGutter(s)Sidewalks Electric Expense 1030 Fuel Expense 1516 Garage YN Yes Gross Income 0 Gross Scheduled Income 107402 Insurance Expense 2717 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 63785 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 41470 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 2016 Vacancy Allowance 2148 Vacancy Allowance Rate 2 Water Sewer Expense 1029 Water Source Public Zoning ALRPD*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-24T11:30:15.45. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Braemon Hanes of Hanes Investment Rlty (818-865-8305)