Homes for sale - 856 Alameda ST, Altadena, CA 91001

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Vince Bagala

vincebagala@sonic.net +1(707) 548-2287

$ 4,200,000

Est. payment | -/mo

0.34 Acres Lot

Save Virtual Tour Video Tour

$ 4,200,000

Est. payment | -/mo

Save Virtual Tour Video Tour

0.34 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV24237527

HOA Y/N No

Year Built 1987

Lot Size 0.336 Acres

Property Description

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!

Location

State CA

County Los Angeles

Area 604 - Altadena

Zoning LCR2YY

Interior

Fireplace No

Laundry Common Area, Inside, See Remarks

Exterior

Pool None

Community Features Suburban

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level One,Two

Sewer Public Sewer

Water Public

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 5845024025

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(707) 548-2287

vincebagala@sonic.net

9336 Chippewa Trail, Kelseyville, California, 95451, USA

856 Alameda ST Altadena, CA 91001