29 N Hidalgo Avenue Alhambra, CA 91801

Drive-by ONLY. Do not walk on the property. Do not disturb tenants. Contact agent for showing and additional questions. We are pleased to present a unique multifamily investment located at 29 N Hidalgo Ave, Alhambra, California. The six (6) unit property consists of 5 –1 bedroom/1bathroom and 1 – 2bedroom/1 bathroom. Collectively combined the six units comprises 5,324 square feet of leasable space and is situated on a 8,028 square foot lot. Built in 1954, this six unit garners a stable cash flow and substantial value add investment opportunity for both entry level and seasoned investors. Current owner has just remodeled four of the six units with high end materials and two more units are going to be completely renovated for immediate value add. All the units are occupied by long term tenants. This multifamily investment opportunity is specially tailored for savvy investors for long term holding. Current rents for all units are catching up to market rates. All big size units (five 1 bedroom units) have potential for being upgraded to 2 bedroom floor plan, also installing individual interior laundry hookups for better privacy, convenience and significant rent upside. The property has many attractive attributes of which its location is most prevalent and the property being locat