Hang on a second...
USDAProperties.com is recovering from last night...

 

 

 

$1,500,000   Price Analysis
Agent Details  share icon   ♡  map icon  QR
1618 Front St
Alhambra, CA 91803
8 bed 4 bath 2,810 SqFt ($533/SqFt)
8,167SqFt lot. Built 1954
Listed 2024-06-02, Taxes $15,793		Ⓧ USDA Ineligible
due to price & location
near Alhambra

Attention investors and developers!

This fourplex, located in a high-density residential zone in Alhambra, offers a remarkable opportunity for development and ownership. Situated on an 8, 165 square foot lot, each unit features 702 square feet, 2 bedrooms, 1 bathroom and a dedicated garage space. The property has been well-maintained, with exterior painting completed 2 years ago, a new roof installed 3 years ago and an upgrade to copper plumbing in 2014.

Double pane windows. The water heaters have been regularly maintained and replaced and the building is equipped with a 120-vlt electric panel. This property is strategically located near markets, shopping centers, d ining options and other amenities. Dont miss this chance to invest in a prime location with significant potential for growth and development.


Presented by Richie Herrera at
JohnHart Real Estate.
Listing Agent Photo

Property MLS #SR24108885 from CRMLS

Bedrooms: 8

Unfurnished
Flooring: Laminate, Tile
Window Features: Double Pane Windows

All Bedrooms Down, Entry, Kitchen, Laundry, Living Room

Laundry Features: Dryer Included, In Kitchen, Washer Hookup

Cooling Features: Wall/Window Unit(s)
Heating Features: Wall Furnace
Heating: Yes

Full Bathrooms: 4

Fencing: Fence YN: Yes, Fencing: Fair Condition
Road Frontage Type: City Street
Road Surface Type: Paved

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1874885
Lot Size Source: Assessor
Lot Size Square Feet: 8167

Garage Spaces: 1
Parking Features: Parking YN: Yes, Parking Features: Assigned, Covered, Driveway - Combination, Paved, Garage, Garage Faces Front, Garage Faces Rear, Garage - Single Door
Parking Total: 8

View: City Lights, Neighborhood

Number of Units: 4
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 1
Unit-1 Garage Spaces: 1

Number of Units Leased: 3
Tenant Pays: Electricity, Gas
Rent Control: Yes

Community Features: Suburban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Area: 601 - Alhambra
Source Neighborhood: 601 - Alhambra
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 2
Parcel Number: 5350028006
Postal Code Plus 4: 2038
Trash Expense: 1920.00
Zoning: ALRPD
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$379,274 + $892,414
$1,271,688		$15,793
2021$371,838 + $874,916
$1,246,754		$15,632
2020$368,026 + $865,945
$1,233,971		$15,551
2019$360,810 + $848,966
$1,209,776		$15,088
2018$353,736 + $832,320
$1,186,056		$15,077
2017$346,800 + $816,000
$1,162,800		$14,868
2016$323,231 + $542,567
$865,798		$10,807
2015$318,376 + $534,418
$852,794		$10,648
2014$312,140 + $523,950
$836,090		$10,525
2013$310,730 + $521,583
$832,313		$10,518
2012$304,638 + $511,356
$815,994		$10,370
2010$298,665 + $501,330
$799,995		$9,975
2009$297,138 + $498,767
$795,905		$9,757
2009$296,433 + $497,584
$794,017		$9,757
2008$291,312 + $488,988
$780,300		$9,439
2007$285,600 + $479,400
$765,000		$9,290

Listed 2024-06-02
$1,500,000
CRMLS
Listing removed 2015-03-31
$1,150,000
CRMLS
Listed 2014-06-12
$1,150,000
CRMLS
Listing removed 2014-04-08
$885,000
CRMLS
Listed 2014-03-30
$885,000
CRMLS
Listing removed 2013-11-02
$1,200,000
CRMLS
Listed 2013-10-03
$1,200,000
CRMLS
Listing removed 2013-08-20
$999,900
CRMLS
Listed 2013-02-18
$999,900
CRMLS
Listing removed 2012-08-09
$925,000
CRMLS
Listing removed 2012-08-08
$925,000
ITECH
Listed 2012-05-09
$925,000
CRMLS
Listed 2012-05-08
$925,000
ITECH

Net Operating Income: 48480.00

Total Square Feet Living: 2810
Year Built: 1954
Building Features: 1
Common Walls: 2+ Common Walls
Construction Materials: Stucco
Entry Level: 1
Entry Location: 1
Foundation Details: Slab
Property Age: 70
Property Attached: Yes
Roof: Composition, Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: Quadruplex
Year Built Source: Assessor

Electric: Standard
Sewer: Sewer: Public Sewer, Water Sewer Expense: 3600.00
Water Source: Public

2+ Access Exits
Customized Wheelchair Accessible
Disability Features
Parking
Ramp - Main Level

Marguerita Elementary School is a public elementary and middle school located approximately 0.4 miles away.
directions icon Map directions

Alhambra High School is a public high school located approximately 1.1 miles away.
directions icon Map directions

Ramona Convent Secondary School is a private high school located approximately 0.5 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
garageunknownunknownunknownunknown
unknownunknownlaundry_roomkitchenunknown
unknownunknownbathroomunknownunknown
house_viewhouse_viewhouse_viewgarageunknown
unknownunknownunknownunknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.