1715 S 5th Street, Alhambra Property Listing: MLS® #AR19161081

Le Chateau-1715 S 5th St. is an attractive 14-unit NON-rent-control value-add apartment community located in the desirable City of Alhambra, CA. The property is in a very desirable location just 2 blocks south of Valley Boulevard retail corridor and one block from Alhambra elementary school. This offering provides an excellent investment opportunity for investors to operate and cash flow the property from the start. The property has a very low vacancy history due to its convenient and strategic location. The property is a two-story well-maintained garden style apartment that was built in 1966. It has a large living area of 13,303 sqft (average ±950 sqft per unit) and situated on a 15,458 sqft lot. It has secured entrance and garage parking. It offers an entryway with a central garden area complete with water fountain and lush landscaping. It offers an excellent unit mix of three (3) x 2bedroom+2bathroom, seven (7) x 2bedroom+1bathroom, three (3) x 1bedroom+1bathroom, and one (1) x studio units. The front unit is an oversized 2bedroom+2bathroom unit (estimated size: ±2,000 sqft) complete with hardwood floor, custom color paint, built-in cabinetry, floor-to-ceiling linen closets, walk-in closets, en-suite bathroom, fireplace, and private patio. Other units are large with good layout and plenty of storage cabinets, windows A/C, wall heating, tiled bathroom, and kitchen. Four units have private balcony/patio area. Five units have been updated with new hardwood flooring.

1715 S 5th Street, Alhambra Property Listing: MLS® #AR19161081 Close
Page Summary
Need More Info?

Jacqueline Thompson

(949) 326-3392
  • MLS® #: AR19161081
  • 1715 S 5th Street

  • Alhambra, CA 91803
  • $4,500,000 REDUCED
  • 13303 SQ. Feet, 0.35 Acres
  • Residential Income
  • Agent: Handoko Chen(01749321)
  • Office: Gig Real Estate Inc.

Le Chateau-1715 S 5th St. is an attractive 14-unit NON-rent-control value-add apartment community located in the desirable City of Alhambra, CA. The property is in a very desirable location just 2 blocks south of Valley Boulevard retail corridor and one block from Alhambra elementary school. This offering provides an excellent investment opportunity for investors to operate and cash flow the property from the start. The property has a very low vacancy history due to its convenient and strategic location. The property is a two-story well-maintained garden style apartment that was built in 1966. It has a large living area of 13,303 sqft (average ±950 sqft per unit) and situated on a 15,458 sqft lot. It has secured entrance and garage parking. It offers an entryway with a central garden area complete with water fountain and lush landscaping. It offers an excellent unit mix of three (3) x 2bedroom+2bathroom, seven (7) x 2bedroom+1bathroom, three (3) x 1bedroom+1bathroom, and one (1) x studio units. The front unit is an oversized 2bedroom+2bathroom unit (estimated size: ±2,000 sqft) complete with hardwood floor, custom color paint, built-in cabinetry, floor-to-ceiling linen closets, walk-in closets, en-suite bathroom, fireplace, and private patio. Other units are large with good layout and plenty of storage cabinets, windows A/C, wall heating, tiled bathroom, and kitchen. Four units have private balcony/patio area. Five units have been updated with new hardwood flooring.

Essential Information

  • MLS® #AR19161081
  • Price$4,500,000
  • Bathrooms0.00
  • Square Footage13,303
  • Acres0.35
  • Year Built1966
  • TypeResidential Income
  • StatusActive

Community Information

  • Address1715 S 5th Street
  • AreaAlhambra (601)
  • CityAlhambra
  • CountyLos Angeles
  • StateCA
  • Zip Code91803

Amenities

  • Parking Spaces20

Interior

  • AppliancesGas & Electric Range
  • HeatingWall Heater
  • CoolingWall or Window Units
  • FireplaceYes
  • # of Stories2
  • StoriesTwo

Additional Information

  • Date ListedJuly 8th, 2019
  • Days on Market107
  • ZoningALRPD*

Property Location

Please provide a valid email address.

Price Change History for 1715 S 5th Street, Alhambra, CA (MLS® #AR19161081)

Date Details Price Change
Price Reduced (from $4,850,000) $4,500,000 $350,000 (7.22%)

Based on information from California Regional Multiple Listing Service, Inc. as of October 24th, 2019 at 12:11am CDT. 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, 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.