Silva Babaian Realtor, Real Estate Agent, Granada Hills, CA
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    25700 6th Street
    2546 Oakshore Drive
    5251 Woodman Avenue
    856 Alameda Street, Altadena, CA 91001
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    4. 856 Alameda Street, Altadena, CA 91001
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    856 Alameda Street
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    • MLS#: CV24237527 ( Commercial/Residential )
    • Street Address: 856 Alameda Street
    • Viewed: 16
    • Price: $4,200,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1987
    • Bldg sqft: 0
    • Days On Market: 42
    • Additional Information
    • County: LOS ANGELES
    • City: Altadena
    • Zipcode: 91001
    • Provided by: EXP REALTY OF CALIFORNIA INC
    • Contact: Alexis Alexis
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      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!
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    Property Location and Similar Properties
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    Similar
    Features
    Association Fee
    1. 0.00
    Building Area Total
    1. 6812.00
    Commoninterest
    1. None
    Common Walls
    1. 1 Common Wall
    Country
    1. US
    Days On Market
    1. 13
    Electric Expense
    1. 0.00
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 0.00
    Insurance Expense
    1. 18650.00
    Laundry Features
    1. Common Area
    2. Inside
    3. See Remarks
    Levels
    1. One
    2. Two
    Lockboxtype
    1. None
    Lot Features
    1. 0-1 Unit/Acre
    Netoperatingincome
    1. 272029.00
    Otherexpense
    1. 21561.00
    Otherexpensedescription
    1. Taxes
    Parcel Number
    1. 5845024025
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 0.00
    Property Type
    1. Commercial/Residential
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 427629975:CRM
    Tenant Pays
    1. Electricity
    Totalactualrent
    1. 23050.00
    Totalexpenses
    1. 44771.00
    Trash Expense
    1. 2400.00
    Views
    1. 16
    Virtual Tour Url
    1. https://www.youtube.com/watch?v=XOxdI4wheCA
    Water Sewer Expense
    1. 2160.00
    Water Source
    1. Public
    Year Built
    1. 1987
    Year Built Source
    1. Assessor
    Zoning
    1. LCR2YY
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    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836