1201 W Woodward
Property Description
Stabilized triplex in the heart of Alhambra - 100% occupied, on time collection rent. 1201-1205 W Woodward Ave presents a rare opportunity to acquire a fully occupied income property in the desirable MLS Area 601 submarket. The building consists of one 2-bedroom/1-bath and two 1-bedroom/1-bath units. Units 1203 & 1205 are on active Housing Choice Voucher (HAP) contracts - rent paid directly by the housing authority every month. Unit 1201 is a long-term private-pay tenant since 2012. No local rent control - Alhambra is AB 1482 only. Built 1951 | 2,200 sqft | 8,357 sqft lot | 3 parking spaces | Walk Score 92. Minutes to I-10, Atlantic Blvd corridor, Main St auto row, and the SGV Medical corridor. Contact listing agent for rent roll and full offering memorandum. On-site laundry.
Broker Details
IRN Realty (626) 447-5100
MLS ID: W72297 State License Number: 01411567
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,249,000 |
| No. of Units: | 3 |
| Year Built: | 1951 |
| Opportunity Zone: | No |
| Price per unit: | $416,333 |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 3 |
ID: 3yd-MRMLSCA-WS26166569
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