Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    1515 Commonwealth Avenue, Alhambra, CA 91803
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    1515 Commonwealth Avenue
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    • MLS#: WS25000910 ( Apartment )
    • Street Address: 1515 Commonwealth Avenue
    • Viewed: 12
    • Price: $2,875,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1951
    • Bldg sqft: 0
    • Days On Market: 88
    • Additional Information
    • County: LOS ANGELES
    • City: Alhambra
    • Zipcode: 91803
    • Provided by: KW Executive
    • Contact: DONALD DONALD
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      A rare opportunity in Alhambra, CA! This 8 unit apartment property, on the market for the first time since 1959, offers a prime corner location with parking on both Bushnell Ave and Commonwealth Ave. The unit mix includes six 2 bedroom, 1 bathroom units and two 1 bedroom, 1 bathroom units, with four units to be delivered vacant, presenting immediate market rent potential. This low maintenance property features separate gas and electric meters for each unit, a master water meter, and 7 garage parking spaces plus 1 open space. On site washer and dryer units, owned by the landlord and included in the sale, provide additional income opportunities. Conveniently located within walking distance of Costco Wholesale (0.5 miles) and with easy access to the 710 and 10 freeways, this property is perfect for investors seeking a solid, long term asset with very low vacancy.
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    Features
    Association Fee
    1. 0.00
    Building Area Total
    1. 6392.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Country
    1. US
    Electric Expense
    1. 267.00
    Entry Location
    1. Front
    Fuel Expense
    1. 784.00
    Garage Spaces
    1. 7.00
    Insurance Expense
    1. 4202.00
    Laundry Features
    1. Individual Room
    Levels
    1. Two
    Lockboxtype
    1. See Remarks
    Lot Features
    1. 6-10 Units/Acre
    Netoperatingincome
    1. 110625.00
    Newtaxesexpense
    1. 33715.00
    Parcel Number
    1. 5343006001
    Pool Features
    1. None
    Postalcodeplus4
    1. 1606
    Professionalmanagementexpense
    1. 0.00
    Property Type
    1. Apartment
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 429353666:CRM
    Totalexpenses
    1. 46095.00
    Trash Expense
    1. 2318.00
    Uncovered Spaces
    1. 1.00
    Views
    1. 12
    Water Sewer Expense
    1. 2361.00
    Water Source
    1. Public
    Year Built
    1. 1951
    Year Built Source
    1. Public Records
    Zoning
    1. ALRPD*
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836