410 N Stoneman Avenue
Alhambra, CA 91801
Year Built: 1969
Land: 0.18 acres (approx.)
410 N Stoneman Ave is located in desirable north Alhambra, California. Built in 1969, this asset possesses a superb unit mix of one 3 bed / 2 bath unit with a stone fireplace and connecting 2 car garage and three 2 bed / 1 bath units. The building is situated on a flat lot that offers single and two-story units. Each unit has its own garage or carport parking with additional open parking in the rear of the property as well as street parking. The units are separately metered for gas and electricity. The majority of the tenants are long-time residents and the current rental income is situated below market.
This property is located in northwest corner of Alhambra which is highly desirable as it is within walking distance of the cities of San Marino & South Pasadena. Located near major retail, dining, fitness, educational and employment opportunities, this solid location allows residents to quickly access the various desirable surrounding areas. This investment provides an investor the opportunity to acquire a well-established rental property in a very strong rental market of West San Gabriel Valley. 410 S. It is also close to many public transportation and is just minutes away from FWY 10 for convenient access to other parts of Los Angeles such as Downtown LA, FWY 710 and FWY 5.