Alhambra (601) Homes with Northeast Direction faces

Alhambra (601) Homes with Northeast Direction faces

Welcome to Alhambra, California, a vibrant city nestled in the heart of Los Angeles County. Known for its rich cultural heritage and diverse community, Alhambra offers a delightful blend of urban convenience and suburban charm. With its proximity to downtown Los Angeles, residents enjoy quick access to a plethora of entertainment, dining, and shopping options, while still being able to retreat to the serene ambiance of their neighborhoods.

One of the standout features of homes in Alhambra is their unique orientation. Many properties in this area boast northeast-facing designs, which are not only aesthetically pleasing but also provide numerous practical benefits. Homes facing northeast are often bathed in gentle morning sunlight, creating a warm and inviting atmosphere. This orientation helps to maximize natural light throughout the day, enhancing the overall living experience and making homes feel more spacious and airy.

Alhambra is also known for its excellent schools, lush parks, and thriving local businesses, making it a perfect place for families and individuals alike. Whether you're looking for a cozy bungalow or a modern townhouse, the real estate options in Alhambra cater to a variety of tastes and budgets. With its friendly community vibe and convenient location, Alhambra is truly a hidden gem in Los Angeles County.

Discover the charm of Alhambra and find your dream home with a northeast-facing view that welcomes the beauty of each new day!

Newest Alhambra (601) Homes with Northeast Direction faces

$4,250,000
AR26073541 MLS Active Status
First Time for Sale in 32 years - Prime 14-unit north Alhambra Value-add Opportunity - NO Local Rent Control | Walk to Downtown Alhambra | South Pasadena + San Marino Adjacent | Superb Demographics | Outstanding Unit Mix. 411 N Chapel Ave., a prime 14-unit value-add apartment community in highly sought-after North Alhambra (NO Local Rent Control). Offered for the first time in 32 years, this property sits just steps from the vibrant dining and entertainment of Downtown Alhambra and across from the popular Story Park. Bordering the premium communities of San Marino and South Pasadena, the location offers tenants unparalleled access to major retail centers, excellent schools, and key transit corridors (I-10 and I-110). This garden-style community provides investors with a straightforward value-add opportunity that is easy to manage and ready to be taken to the next level. Surrounded by newer townhouse subdivisions that provide a strong home-ownership atmosphere, the property features a stable base of long-term tenants. With no local rent control restrictions, the asset offers a clear path to stabilization at a very attractive 7.12% Proforma CAP Rate (SELF MANAGE). The property is a two-story garden style apartment that was built in 1963. It has a large building size of ±13,744 SF which translates to large average unit size of ±980 SF/unit. It is on a large ±16,018 SF lot crossing Alhambra Rd. It has an excellent unit mix of one (1) x large 3bed+1.5bath, three (3) x 2bed+1.5bath, six (6) x 2bed+1bath, and four (4) x 1bed+1bath units. Each unit has through the wall A/C, radiant heating, plenty of linen cabinets, ceiling fans, dining area, and so much more. Recent capital improvements including New electrical subpanels in each unit. The property has a total of 21 parking spaces (18 covered + 2 open + 1 tandem). There is no parking soft story retrofit requirement in Alhambra. Each unit is separately metered for electricity (all electric units). There is a shared laundry room (laundry leased) and 2 master gas water heaters. The property has 1 gas meter for the laundry and water heaters. The property is strategically located in the north Alhambra area, considered to be one of the best locations in Alhambra. This area is adjacent to the City of South Pasadena and City of San Marino.

411 N Chapel, Alhambra

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.