Outstanding opportunity to purchase this triplex at 2204 Orange Grove Ave, Alhambra. The Orange Grove Triplex is in southwest Alhambra close by Fremont Ave, bordering the city of Monterey Park. This rare 1980-built triplex is in a quietand scenic residential neighborhood comprised of mostly single-family homes, great for an owner user or investor. The location provides easy access to the 10 freeway, within minutes’ drive to Cal State LA, downtown LA, and the surrounding West San Gabriel Valley cities. Furthermore, the investor may be able to add (3) additional ADUs, which may allow the buyer/investor to add tremendous value by improving this property to a 6 units multifamily property and potentially achieve a higher proforma cap rate. Buyer to consult with his/her own architect/general contractor and verify with the City of Alhambra.The property has a great unit mix of (1) 3 Bed / 2 Bath downstairs, and (2) 2 Bed / 1 Bath upstairs. In the back of the building accessible from the alley way Each unit has 1 or 2 garage parking, with additional parking spaces on the large driveway in the rear. The onsite laundry room generates additional income. Buyer to verify all information herein. Broker/Agent and Seller does not guarantee its accuracy.The property is conveniently located with easy access to the 10, 60, and 710 freeways, with minutes’ drive to Cal State LA and Downtown LA. The property is near 99 Ranch Market, Ralphs, The Alhambra shopping center, Fremont Elementary School, Alhambra High School (8 out of 10), and Granada Park.
Property Details
Price:
$1,590,000
MLS #:
P1-19362
Status:
Active
Baths:
0
Address:
2204 Orange Grove Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
601alhambra
City:
Alhambra
Listed Date:
Sep 20, 2024
State:
CA
ZIP:
91803
Lot Size:
7,481 sqft / 0.17 acres (approx)
Year Built:
1980
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Schools
Interior
Appliances
None
Exterior
Community Features
Sidewalks
Fencing
Wrought Iron
Garage Spaces
4.00
Parking Features
Garage, Driveway
Parking Spots
12.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address2204 Orange Grove Avenue Alhambra CA
- Area601 – Alhambra
- CityAlhambra
- CountyLos Angeles
- Zip Code91803
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Courtesy of Keller Williams Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
2204 Orange Grove Avenue
Alhambra, CA
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