429 S Cordova Street

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429 S Cordova Street

Alhambra, CA 91801
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Alhambra
  • Two-unit residential property located on South Cordova Street
  • Well-situated within the established Los Angeles metropolitan submarket
  • Asset provides stable income potential for small-scale residential investors
  • Accessible location near regional employment hubs and transit arteries

What's Special

This two-unit multifamily apartment building located at 429 S Cordova Street presents a residential investment opportunity in Alhambra, California. The property is situated within a well-established submarket of the Los Angeles metropolitan area, an region known for its dense population and consistent rental housing demand. Given the current configuration, this asset serves as an addition to an existing income-producing portfolio or as a stabilized hold for investors seeking small-scale multifamily exposure in a high-barrier-to-entry market. Alhambra benefits from its proximity to major Southern California employment hubs and robust transit infrastructure, supporting steady long-term interest from local tenants. The asset type allows for flexible management strategies, including potential unit modernization or long-term lease stabilization. Investors often target this suburban landscape for its balanced integration of residential community amenities and access to the broader regional economy, ensuring the property remains positioned to serve the local housing demographic effectively.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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