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Meridian Real Estate & Investments
1817 Vine Street, Alhambra, CA 91801
- $1,650,000
- 6
- BD
- 2
- BA
- 2,870
- SqFt
- List Price
- $1,650,000
- Status
- ACTIVE
- MLS#
- 26105103
- Year Built
- 1952
- Bedrooms
- 6
- Bathrooms
- 2
- Living Sq. Ft
- 2,870
- Lot Size
- 9,245
- Acres
- 0.21
- Days on Market
- 7
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
Income duplex in established Alhambra neighborhood, comprised of 1817 and 1819 Vine Street. Property is configured as two legal units per public record: 1817 (4BR/1.5BA) and 1819 (2BR/1BA). Both units have been refreshed with updated kitchens, updated baths, newer flooring, and fresh paint. Sale includes all furniture, decor, linens, kitchenware, and supplies -- fully turnkey for furnished rental operation from day one. Buyer to independently investigate and verify all permits, square footage, unit configuration, condition, and compliance with City of Alhambra requirements. Property has prior operating history as a furnished rental; operating statements available upon request with signed disclosure acknowledgment. Sold strictly AS-IS. Strong long-term rental market with proximity to schools, shopping, and transit. Significant development upside: March 2024 feasibility study by licensed architect supports up to 5 apartments + 2 ADUs (7 units total) by-right under RH zoning. Professional land survey and architectural feasibility package available to qualified buyers. State and local density laws have continued to evolve since study date.
Additional Information
- Appliances
- Dishwasher, Microwave, Refrigerator, Dryer, Washer
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Jamie Park (reparkoffice@gmail.com) from Listing Office: Jamie Park.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.