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105 Granada Avenue
Alhambra, CA 91801
Sold
105 South Granada Avenue is a charming 6-unit apartment offered for sale for the first time in nearly 70 years. It is a generational asset that has been well maintained within the same family during this time. It is desirably located one block south of Main Street and within one mile east of South Garfield Avenue & Main Street, which is the heart of Downtown Alhambra. The asset has an 84 “Walk Score,” which means most errands can be accomplished on foot. It is conveniently located adjacent to CVS, across from Granada Elementary School, and nearly “kitty-corner” to McDonald’s. The property is comprised of two three-bedroom/two-bathroom units (estimated 1,100 sf) and four twobedroom/ one and a half-bathroom units (single-story, estimated 850 sf). The total building square footage is 5,632 square feet and the lot size is 7,267 square feet. It is zoned residential low density. It is a two-story building comprised of wood & stucco and has a pitched roof. It offers 8 tuck-under parking spots. Seismic retrofit has not been completed; however, it is not mandated by the City of Alhambra. There is an on-site washer and dryer owned by the building. Plumbing is cast iron except for Unit B, which was replumbed in 2022 with DWV copper. Electrical panels are original. A new 40-gallon electric water heater was installed in 2023. Each unit has an individual water heater. Units utilize wall air-conditioning units. The building is individually metered for electricity (the building does not use gas). The owner pays for water, trash, sewer and common area electricity. 105 South Granada Avenue represents a rare opportunity to acquire a generational asset with large unit mixes, which yield strong in-place rental income and future rental upside in a prime Downtown Alhambra Location.
PROPERTY INFORMATION
| MLS # | PF24145243 | Lot Size | 7,267 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Apartment |
| Price | $ 2,100,000
Price Per SqFt: $ 373 |
DOM | 393 Days |
| Address | 105 Granada Avenue | Type | Residential Income |
| City | Alhambra | Sq.Ft. | 5,632 Sq. Ft. |
| Postal Code | 91801 | Garage | N/A |
| County | Los Angeles | Year Built | 1964 |
| Bed / Bath | 5 / 0 | Parking | 8 |
| Built In | 1964 | Status | Closed |
| Sold Date | 2024-07-31 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Common Area |
| Has Heating | Yes |
| Heating Information | Radiant |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| EntryLocation | Front |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,240
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 07/15/2024 | Listed | $2,100,000 |
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Listing provided courtesy of Andy Chan, Keller Williams Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
