Bought with ERIC CHEN • CB RICHARD ELLIS
$4,100,000
$4,300,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
11,711 SqFt
SOLD DATE : 03/18/2022
Key Details
Sold Price $4,100,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 11,711 sqft
Price per Sqft $350
MLS Listing ID CRCV21222467
Sold Date 03/18/22
HOA Y/N Yes
Originating Board Datashare California Regional
Year Built 1984
Lot Size 0.821 Acres
Property Description
A seven condo portfolio multifamily opportunity located in the City of Alhambra! 28-32 S. Chapel Avenue is located on South Chapel Avenue between East Main Street and East Bay Street in the heart of Alhambra. The property offers walkable access to Alhambra Place, a 120,000-square-foot retail center with popular shops and restaurants. The highly convenient location offers easy access to the 10 and 210 freeway and is located near several elementary, middle and high schools. The area also offers convenient access to the San Gabriel Valley Medical Center, Cal State LA, The Westfield Santa Anita, East Los Angeles College and the Alhambra Golf Course. 28-32 S. Chapel Avenue is a rare, non-rent controlled, three-story, seven-unit portfolio of condos that are individually parceled. Built in 1984, the property is situated on a ±35,741 square foot lot with a total building size of ±11,711 square feet. The property offers an excellent unit mix of seven total units averaging 1,673 square feet. Alhambra is a city located in the western San Gabriel Valley region of Los Angeles County. It is ideally located by offering convenient access to the neighboring cities within the San Gabriel Valley, Los Angeles County and San Bernardino County. The property is less than 30 miles from LAX and a short
Location
State CA
County Los Angeles
Interior
Heating Other
Cooling Central Air
Fireplace No
Laundry Other
Building
Water Public
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