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Key Details
Sold Price $1,968,888
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PF24145243
Sold Date 07/31/24
HOA Y/N No
Year Built 1964
Lot Size 7,265 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Zoning ALRPD*
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Radiant
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Suburban
Utilities Available Cable Connected, Electricity Connected, Natural Gas Not Available, Sewer Available, Water Connected
Total Parking Spaces 8
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5346002002
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Andy Chan • Keller Williams Realty