26 N Hidalgo Avenue, Alhambra, California 91801, Alhambra, 91801 - bed, bath
ACTIVE$1,428,000
26 N Hidalgo Avenue, Alhambra, California 91801
0Bed
0Bath
3,311Sqft
7,643Lot
Year Built
1911
Close
-
List price
$1.43M
Original List price
$1.43M
Price/Sqft
$431
HOA
-
Days on market
-
Sold On
-
MLS number
WS25054136
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.43M(67th), sqft - 3311(92th), beds - undefined(50th), baths - undefined(50th).
Location, location, location. Locates in North Alhambra, north of Main Street. This multi-units features with 4 units, front one has 3 bedrooms and 2.5 baths, second unit is 1 bedroom and 1 bath, third unit is 2 bedrooms and 1 bath, and the fourth unit is 3 bedrooms and 2 baths. The property locates close to shops, schools, banks, parks and so on. The property provides very good rental income. The garage at back was converted to two bedrooms and 1 bath without permit. Buyers and agents please do your own diligence on the permits. Don't miss this great opportunity to check it out. It will not last.
Condition Rating
Fair
Built in 1911, this multi-unit property is over a century old. While the units appear to be maintained and functional, the kitchens and bathrooms across most units are significantly dated, featuring older appliances, laminate countertops, and basic fixtures, suggesting renovations were done 20-30+ years ago. One unit shows slightly more recent updates (15-20 years ago) but still falls short of modern standards. The property requires substantial cosmetic updates and likely system upgrades (electrical, plumbing, HVAC) due to its age. The unpermitted garage conversion also adds a significant legal and potential financial risk, impacting overall quality and requiring due diligence.
Pros & Cons
Pros
Prime Location: Located in desirable North Alhambra, north of Main Street, offering excellent access to local amenities.
Multi-Unit Property: Features 4 distinct units, providing diversified income streams and appealing to investors.
Strong Rental Income Potential: Explicitly stated to provide 'very good rental income,' indicating a solid return on investment.
Excellent Local Amenities Access: Proximity to shops, schools, banks, and parks enhances tenant appeal and convenience.
Diverse Unit Mix: Offers a variety of unit sizes (3/2.5, 1/1, 2/1, 3/2), catering to a wider range of tenant needs.
Cons
Unpermitted Conversion: The garage was converted into two bedrooms and one bath without proper permits, posing potential legal and financial risks.
Age of Property: Built in 1911, the property is over a century old, suggesting potential for outdated infrastructure and higher maintenance costs.
Permit Due Diligence Required: Buyers are explicitly advised to conduct their own diligence on permits, highlighting the complexity and potential liabilities associated with the unpermitted work.