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1706 S 2nd St, Alhambra, CA, 91801

1706 S 2nd St

$2,000,000

Key Information

Cap Rate
4.79%
$ per SF
$463
Tot. SF
4,312
Lot Size
0.31 Acres
$ per unit
$200,000
Units
10
Year Built
1912
Type
Apartments
Occupancy
97%
NOI
$95,866

Highlights

• Established 5+5-Unit Multifamily Investment Opportunity With Strong Regional Connectivity
• Originally constructed in 1912, the property is situated along a tree-lined residential street in an established neighborhood.
• The reported unit mix includes One 2-Bed 2-Bath, Four 1-Bed 1 Bath, and Five Non-Conforming Studios, providing diverse housing options.
• Strategically positioned in Alhambra, the property benefits from convenient access to Interstate 10, connecting residents to Downtown Los Angeles, Pasadena, California State University, Los Angeles, and major regional employment centers.
• The surrounding area features numerous shopping destinations, restaurants, schools, and recreational amenities, supporting the property’s residential appeal.
• 1706 S 2nd Street presents an attractive opportunity to acquire a multifamily asset in an established Southern California market.
• Its desirable location, accessibility to major employment hubs, and proximity to everyday amenities provide a strong foundation for long-term investment stability.
• Located approximately 9 miles east of Downtown Los Angeles, residents benefit from convenient access to the I-10 and I-710 freeways.
• Alhambra’s established residential character and desirable San Gabriel Valley location position the subject property to benefit from continued rental demand and long-term multifamily investment appeal.

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245