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$4,200,000
32 Days On Site

856 Alameda Street
Altadena, CA 91001

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
6,812
SqFt
$617
/SqFt
1987
Built
County:
Los Angeles
Listed by Alexis Stapp-Fu of EXP REALTY OF CALIFORNIA INC [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

856 Alameda Street856 Alameda Street856 Alameda Street856 Alameda Street
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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!

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Listing Snapshot
Price 
$4,200,000
Days On Site 
32 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,812 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3363 Acres
Year Built 
1987
MLS® Number 
CV24237527
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoStatus changed to Active
7 days agoListing updated with changes from the MLS®
7 days agoPrice changed to $4,200,000
a month agoListing first seen on site
General Features
Acres 
0.3363
Number Of Stories 
2
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
6812
Stories 
OneTwo
Water Source 
Public
Zoning 
LCR2YY
Interior Features
Laundry Features 
Common AreaInsideSee Remarks
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Exterior Features
Pool Features 
None
Community Features
Building Access 
1
Community Features 
Suburban
Financing Terms Available 
Cash1031 Exchange
MLS Area 
604 - Altadena


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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