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701 S Almansor St, a two-story well maintained and well-located property in a highly desirable City of Alhambra. The property has been in the same ownership since ±1971 (±50 years ownership); thus present a rare opportunity for the right buyer to acquire this beautifully located property in Alhambra. The property is located right across from Alhambra Golf Course and Almansor Court, providing a rare and excellent amenity for tenants which makes it a very easy to rent and operate property. It is located minutes away from Downtown Alhambra on Main Street, and Valley Blvd retail corridor. The property is a garden style two-story apartment that was built in 1953, has a total of ±5,152sf building and situated on a ±9,496sf corner lot. All the units are original/non-updated which provides good opportunity for buyer to do their own rehab program on future turnover. All current tenants are on month-to-month agreement and have not had rent increase for the past several years, which translates to significant rental upside. MLS® ID: AR22205717 Listed: 9/19/22 Updated: 10/14/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: Common Area Fireplace: None Cooling: Wall/Window Unit(s) Exterior/Building Features Lot Size: 9,496 ft2 lot Lot Details: Corner Lot Sewer: Public Sewer Other Property Details Area Name: 601 - Alhambra HOA Amenities: Suburban, Valley Garage: No Parking: Assigned Parking Total: 8.0 View: N County: Los Angeles Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected Water Source: Public Pool: No Pool Description: None Total Stories: 2 Zoning: ALRPD* Property History Date Event Price Value 9/30/22 Pending - - 9/23/22 Active Under Contract - - Courtesy of GIG Real Estate Inc., Handoko Chen, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/14/22. 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.