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$ 10,750,000
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2101 Vine Street Alhambra, CA 91801
26,886 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 26,886 sqft
Price per Sqft $399
MLS Listing ID CL26864059
HOA Y/N No
Year Built 1979
Lot Size 0.689 Acres
Acres 0.6891
Property Sub-Type Other
Property Description
We are pleased to present 2101 Vine Street, a 27-unit apartment property located in the highly desirable City of Alhambra. Built in 1979, the property sits on an approximately 30,017 square foot lot with roughly 26,886 square feet of rentable space. The unit mix consists of five (5) one-bedroom/one-bath units, thirteen (13) two-bedroom/one-bath units, and nine (9) two-bedroom/1.75-bath units. The property features fifty-two (52) gated parking spaces, an elevator, on-site laundry facilities, central air conditioning and heat, and fourteen (14) extensively renovated units. 2101 Vine Street benefits from a highly walkable Alhambra location near a wide variety of shopping, dining, and everyday conveniences. The property is centrally located near Downtown Alhambra, South Pasadena, and Pasadena, with convenient access to the I-10 Freeway and Downtown Los Angeles, providing excellent connectivity to major employment centers throughout the region. The property presents an attractive value-add opportunity with continued rental upside and is not subject to local city rent control, operating solely under California AB 1482 regulations. With its strong unit mix comprised primarily of two-bedroom units, extensive renovations, and desirable location, 2101 Vine Street offers investors the opportunity to acquire a well-maintained asset in one of the San Gabriel Valley's most sought-after rental markets.
Location
State CA
County Los Angeles
Zoning ALRPD*
Interior
Heating Other
Cooling Central Air
Fireplace No
Laundry Common Area
Building
New Construction No
Others
Tax ID 5339019017
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Listed by Michael Sterman • Marcus & Millichap
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