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Alhambra Hottest Listings

$745,000
2 Beds 1 Baths ACTIVE Status
Welcome to this wonderfully sun filled updated 2 bedroom 1 bath home located in the vibrant, family oriented, & highly sought after Alhambra neighborhood. Tucked away on a darling street the entrance greets you w/ a tranquil front porch where you can enjoy your morning coffee while taking in the neighborhood views. This immaculate property boasts an open floor plan w/ a light bright living area that features a romantic fireplace (perfect for wine nights) and custom office nook. Effortlessly flowing into the designer eat in kitchen perfectly set up to entertain family & friends. With the best in functionality and beauty combined, the sleek meticulously designed kitchen features marble countertops, dining area, custom backsplash, farmhouse sink, new shaker cabinets w/ designer fixtures, & stainless steel appliances. The chic updated bathroom has custom designer tile w/ a new vanity & fixtures. The bedrooms are generously sized with plenty of closet space. Additional features include original hardwood floors, pre-wired for surround sound, newer double pane windows, new interior/exterior paint, ample closet/storage space, & newer lighting fixtures. The functional lot is well appointed and ideal for entertaining w/ multiple lounge areas, privacy fencing, cute backyard area w/built in BBQ/fire pit, and side patio area. There is also a finished attached one car garage w/ electrical. Close proximity to all of the cool Alhambra hang outs, shopping, schools, and a stone's throw to the Pasadena, NELA, & DTLA areas. This home will surely check off all of your boxes. Perfect for first time home buyers to the savvy real estate investor. Quintessential Alhambra living at it's finest!

2025 Ramona Ter, Alhambra

Courtesy of , Rosa A. Garcia - CA DRE#

$2,549,000
11 Beds 6 Baths ACTIVE Status
Huge price reduction- $100,000- for quick sale! Cash cow, 1427 S Garfield has been completely remodeled, in excellent condition, and generates over $12,600/mo in gross revenue. At current list price, expect NOI of $113,400 in year 1 (4.5% cap), $124,740 in year 2 (4.9% cap), $137,200 in year 3 (5.3% cap). Alhambra is a leading San Gabriel Valley city with multi-family properties historically trading between 3.25-3.75% cap. Located in prime Alhambra cross streets of Valley and Garfield, surrounded by popular Chinese restaurants, deserts, cafes, and entertainment. With easy access to 10 freeway, 1427 S Garfield attracts young professionals from Downtown LA, Pasadena, and South Pasadena. The property consists of 5 large units: Unit 1 (front facing) is a large 1800sf 3bd/2ba, with master suite, central air, wrap around kitchen, dining area, and two large living rooms and currently rents for $3250/mo. Units 2, 3, 4, and 5 are approx. 1000sf each, 2bd/1ba and rent for $2350/mo. Owner pays for water and trash only. No local rent control, deferred to state AB1482 only. Three upstairs units have large balconies. The property has been completely rewired for electrical. Total 10 parking spaces, each unit designated 2 spaces. Property built in 1978 meaning no retrofit is required. Future value may be determined best use as commercial, as the property is surrounded by best medical office and retail. Simply collect rent and continue to watch the neighborhood transform. Alhambra School district is an attractive feature for tenants with High School rating of 8/10 measured by GreatSchools.com. Feel safe in knowing you've invested in a city of Alhambra, a premier San Gabriel Valley in Southern California.

1427 S Garfield Ave, Alhambra

Courtesy of , Colin M. Trent Johnson - CA DRE#

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