Active

856 Alameda Street

Altadena CA, 91001

$4,200,000


$616.56 per sqft

Active

6,812 sqft

Multi-family

Built in 1987

Listed by Alexis Stapp-Fu with EXP REALTY OF CALIFORNIA INC 909-727-2391

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!

CV24237527

MLS ID

November 21, 2024

Listed

December 19, 2024

Updated

Map

856 Alameda Street
Altadena CA, 91001

Interior Features

Total Stories

1


Laundry Description

Common Area, Inside, See Remarks


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.34 Acres


Lot Features

0-1 Unit/Acre


Sewer

Public Sewer

Other Property Details

Area Name

604 - Altadena


Days on Market

13


Garage

No


Parking Total

0


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LCR2YY

Listing Contact: 888-584-9427 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/19/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/19/2024 at 7:40 PM UTC

 

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