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$850,000
Est. payment /mo
4 Beds
2 Baths
1,440 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $590
MLS Listing ID 26989845
Bedrooms 4
HOA Y/N No
Year Built 1957
Lot Size 5,967 Sqft
Property Description
At 2024 S 6th Street, your next chapter begins with two homes, established rental income, and possibilities worth exploring. This well-maintained Alhambra duplex offers two single-level, 2-bedroom, 1-bath residences totaling approximately 1,440 square feet on an approximately 5,968-square-foot lot. Built in 1957, this San Gabriel Valley income property brings together a manageable two-unit layout and opportunities for a thoughtful long-term investment strategy.Currently generating $4,900 in combined monthly rent, or $58,800 annually, the property offers income in place with both residences occupied on month-to-month agreements. Separate gas and electric meters support straightforward utility management. For buyers building a rental portfolio, the existing configuration provides a practical starting point. For those considering a future owner-occupied investment or house-hacking strategy, the two residences offer the possibility of occupying one while renting the other, subject to existing tenancies and applicable laws.At the rear, two detached one-car garages provide parking and another avenue to explore: potential ADU conversion or other permitted improvements. Imagine how this space might complement your long-term plans while retaining the main duplex configuration. ADU feasibility, permitted uses, and development requirements must be independently verified with the City of Alhambra.Whether your goal is to expand your real estate portfolio or explore a future homeownership strategy supported by rental income, this Alhambra multifamily property offers an established foundation and potential for what comes next.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Zoning ALRPD*
Interior
Heating Wall Furnace
Fireplaces Type None
Fireplace No
Appliance Range, Refrigerator
Laundry In Kitchen, Stacked
Exterior
Parking Features Door-Multi, Garage
Pool None
View Y/N No
View None
Roof Type Composition,Shingle
Private Pool No
Building
Lot Description Front Yard
Faces West
Entry Level One
Architectural Style Traditional
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5256005035
Special Listing Condition Standard
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Listed by Ali Nahle Compass #01988178
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Lucio Real Estate Group
Broker Associate License ID: 01893011
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