856 Alameda Street
Altadena, CA 91001
Active for $3,275,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 14,649 sqft
| MLS | CV24237527 |
| Year Built | 1987 |
| Property Type | Mixed Use |
| County | Los Angeles |
| Status | Active |
| Active | $3,275,000 |
| Structure Size | N/A sqft |
| Lot Size | 14,649 sqft |
| Beds | N/A |
| Baths | N/A |
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!
Listing information courtesy of: Alexis Stapp-Fu, EXP REALTY OF CALIFORNIA INC 909-727-2391. *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Jon Barrist And Associates
REALTOR®
Direct: 714.240.9976
Email: Email Me
DRE: 01453815
DRE #01873088
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