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$1525000   Price Analysis
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128 S Bushnell Ave
Alhambra, CA 91801
8 bed 4 bath 3308 SqFt ($461/SqFt)
5415SqFt lot. Built 1951
Listed 2024-05-17, Taxes $4055
Ⓧ USDA Ineligible
due to price & location

near Alhambra

Centrally situated on a cul-de-sac in North Alhambra

This residential gem boasts fo ur units, offering a convenient location near Costco and the Metro line. The two-story fourplex features 2 bedrooms nd 1 bath with showers over tubs in each unit, along with front and rear entrances for added accessibility. Laminated floor coverings, wall and window air conditioners and wall furnaces provide comfort and convenience for tenants.

With long-term tenants already in place, there's potential for increased rental income and the separate gas and electric meters offer added flexibility. The property also includes 4 carports and 2 parking spaces, ensuring ample parking for residents. Newer roof. Brand new Electrical panels. Window air conditioners.


Presented by Enrique Lizarazu, Broker Associate at
COMPASS.
Listing Agent Photo

Property MLS #PF24089694 from CRMLS

Bedrooms: 8

Formica Counters
Laminate Counters
Flooring: Carpet, Laminate, Tile

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

Full Bathrooms: 4

Carport Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Carport
Parking Total: 4

Lot Description: Level with Street, Irregular Lot, Level, Sprinkler System
Lot Size Acres: 0.1243113
Lot Size Source: Assessor
Lot Size Square Feet: 5415

Road Frontage Type: City Street
Road Surface Type: Paved

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1

Calculated Total Monthly Association Fees: 0
Gardener Expense: 660.00

Number of Units Leased: 4
Tenant Pays: Electricity, Gas
Vacancy Allowance: 2626
Rent Control: Yes

Community Features: Sidewalks, Storm Drains, Street Lights

Source Listing Status: Active
County: Los Angeles
Cap Rate: 3.88
Source Property Type: Residential Income
Insurance Expense: 2532.00
Area: 601 - Alhambra
Source Neighborhood: 601 - Alhambra
New Taxes Expense: 20000.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 5343006010
Pest Control Expense: 600.00
Postal Code Plus 4: 3124
Trash Expense: 1452.00
Zoning: ALRPD
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$157942 + $83036
$240978
$4055
2021$154846 + $81408
$236254
$4003
2020$153259 + $80574
$233833
$3985
2019$150254 + $78995
$229249
$3891
2018$147308 + $77447
$224755
$3801
2017$144420 + $75929
$220349
$3755
2016$141589 + $74441
$216030
$3520
2015$139463 + $73323
$212786
$3475
2014$136732 + $71887
$208619
$3462
2013$136115 + $71563
$207678
$3454
2012$133447 + $70160
$203607
$3413
2010$130831 + $68785
$199616
$3300
2009$130163 + $68434
$198597
$3218
2009$129854 + $68271
$198125
$3218
2008$127611 + $67093
$194704
$3123
2007$125109 + $65778
$190887
$3054

Price Changed 2024-06-17
$1525000
CRMLS
Listed 2024-05-17
$1600000
CRMLS
Listing removed 2020-02-25
$0
CRMLS
Listed for rent 2020-02-12
$1600
CRMLS
Sold 1977-03-31
$60000
Public Record

Net Operating Income: 59098.00

Total Square Feet Living: 3308
Year Built: 1951
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 2
Property Age: 73
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
House Style: Contemporary
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 1380.00
Water Source: Public

William Northrup Elementary School is a public elementary and middle school located approximately 0.4 miles away.
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Alhambra High School is a public high school located approximately 0.7 miles away.
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All Souls Elementary School is a private elementary and middle school located approximately 0.1 miles away.
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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.