856 Alameda Street
Altadena, CA, 91001
$4,200,000
Beds
0 Baths
SqFt
0.34 Acres
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Discover an exceptional residential income property in a highly sought-after Altadena neighborhood. This versatile investment features four separate buildings with a total of nine income-generating units, including one single-family residence, two duplexes, and one four-plex. Unit numbers include 1, 1A, 2, 3, 3A, 4, 5, 5B, and 6. The property offers a mix of layouts to cater to diverse tenant needs, with highlights such as 8 covered carport spaces, 2 uncovered spaces, and a shared laundry area, while Units #1, #2, and #4 enjoy the added convenience of interior laundry. Designed for ease of management, this low-maintenance property includes 6 gas meters and 7 electric meters, ensuring efficient operation. Select units feature private enclosed yards, and all are equipped with wall A/C and heaters. There are also two storage units on the property. The buildings are thoughtfully laid out, with Unit #6 as a standalone home, Units #5 and #5B forming a duplex, Units #2 and #4 featuring an upper/lower duplex design, and Units #1, 1A, 3, and 3A comprising a four-plex. The property has been meticulously maintained, with roofs in great condition at just 15 years old, freshly landscaped grounds, and recently remodeled interiors. This is a prime investment opportunity offering stable rental income and significant upside potential in a fantastic location. Contact us today and be sure to check out our video tour!

Property Details

Price:
$4,200,000
MLS #:
CV24237527
Status:
Active
Baths:
0
Address:
856 Alameda Street
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
604altadena
City:
Altadena
Listed Date:
Nov 20, 2024
State:
CA
ZIP:
91001
Lot Size:
14,649 sqft / 0.34 acres (approx)
Year Built:
1987
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2
Water Source
Public

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856 Alameda Street
Altadena, CA