433 N Palm Avenue

Alhambra, CA 91801
$1,200,000
0.17 acres | #OC24201347
Courtesy of Assurance Properties

Description

Investor's dream! This duplex, located in the heart of Alhambra and directly across from scenic Alhambra Park, sits on a 7,562 sqft lot in a Residential High-Density (RH) zone. With zoning that allows for the potential to build approximately 4 units, this property offers significant development potential. For those looking to fix and flip, the current structure is an ideal project for value-add improvements. Alternatively, investors seeking a fix-and-hold strategy can renovate the existing property and take advantage of the high-demand rental market in this prime location. Whether you're looking to sell for a quick return or hold for long-term rental income, this property offers unmatched potential in a highly sought-after area. Don't miss out on this incredible investment opportunity!

  • Property Details
      • Stories:1
      • Lot description:TwoToFiveUnitsAcre
      • Acres:0.1736
      • Parking spaces:2
      • Property type:Multi-Family
      • Year built:1924
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityConnected, NaturalGasAvailable, SewerConnected
      • County:Los Angeles
      • Original List Price:$1, 200, 000
      • MLS #:OC24201347
      • Cost:1200000
      • Property subtype:Duplex
      • MLS #:OC24201347

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman

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10.0%

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6.0%

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2.6%
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