2024 S 6th St
Property Description
At 2024 S 6th Street, your next chapter begins with two homes, established rental income, and possibilities worth exploring. This well-maintained Alhambra duplex offers two single-level, 2-bedroom, 1-bath residences totaling approximately 1,440 square feet on an approximately 5,968-square-foot lot. Built in 1957, this San Gabriel Valley income property brings together a manageable two-unit layout and opportunities for a thoughtful long-term investment strategy.Currently generating $4,900 in combined monthly rent, or $58,800 annually, the property offers income in place with both residences occupied on month-to-month agreements. Separate gas and electric meters support straightforward utility management. For buyers building a rental portfolio, the existing configuration provides a practical starting point. For those considering a future owner-occupied investment or house-hacking strategy, the two residences offer the possibility of occupying one while renting the other, subject to existing tenancies and applicable laws.At the rear, two detached one-car garages provide parking and another avenue to explore: potential ADU conversion or other permitted improvements. Imagine how this space might complement your long-term plans while retaining the main duplex configuration. ADU feasibility, permitted uses, and development requirements must be independently verified with the City of Alhambra.Whether your goal is to expand your real estate portfolio or explore a future homeownership strategy supported by rental income, this Alhambra multifamily property offers an established foundation and potential for what comes next.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $850,000 |
| No. of Units: | 2 |
| Year Built: | 1957 |
| Lot Size: | 1,440.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $425,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-CLAWCA-26989845
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
33661 Sky Blue Water Trl
Cathedral City, California
554 S Grande Vista Ave
Los Angeles, California
3900 Pacific Ave
MARINA DEL REY, CaliforniaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout