713 S 8th Street, Alhambra, California 91801, Alhambra, 91801 - bed, bath
ACTIVE$1,400,000
713 S 8th Street, Alhambra, California 91801
0Bed
0Bath
1,856Sqft
8,086Lot
Year Built
1955
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$754
HOA
-
Days on market
-
Sold On
-
MLS number
WS25075796
Home ConditionFair
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $1.40M(67th), sqft - 1856(50th), beds - undefined(50th), baths - undefined(50th).
3 one bedroom units with long term tenants never late on payments. Conveniently located in the heart of Alhambra. 8.6 miles from Downtown Los Angeles and less than 4 miles to Cal State Los Angeles. Walking distance to vibrant downtown Alhambra with.
Nearby schools
9/10
Marengo Elementary School
Public,•K-5•1.9mi
7/10
Emerson (Ralph Waldo) Elementary School
Public,•K-6•2.0mi
3/10
Cesar Chavez Elementary School
Public,•K-6•2.1mi
5/10
Sierra Park Elementary School
Public,•K-6•2.1mi
6/10
Dewey Avenue Elementary School
Public,•K-6•2.3mi
8/10
Monterey Hills Elementary School
Public,•K-5•2.3mi
6/10
City Terrace Elementary School
Public,•K-5•3.0mi
7/10
Ramona Elementary School
Public,•K-8•0.6mi
6/10
Marguerita Elementary School
Public,•K-8•0.7mi
5/10
William Northrup Elementary School
Public,•K-8•0.8mi
7/10
Park Elementary School
Public,•K-8•0.9mi
7/10
Garfield Elementary School
Public,•K-8•1.2mi
6/10
Emery Park Elementary School
Public,•K-8•1.3mi
5/10
Granada Elementary School
Public,•K-8•1.3mi
4/10
Fremont Elementary School
Public,•K-8•1.4mi
8/10
Martha Baldwin Elementary School
Public,•K-8•1.5mi
7/10
Ynez Elementary School
Public,•K-8•1.6mi
9/10
South Pasadena Middle School
Public,•6-8•1.9mi
6/10
Garvey (Richard) Intermediate School
Public,•7-8•2.3mi
8/10
Monterey Highlands Elementary School
Public,•K-8•2.4mi
5/10
El Sereno Middle School
Public,•6-8•2.7mi
6/10
Jefferson Middle School
Public,•6-8•3.4mi
7/10
Alhambra High School
Public,•9-12•0.7mi
9/10
Mark Keppel High School
Public,•9-12•1.4mi
8/10
San Gabriel High School
Public,•9-12•1.5mi
3/10
Del Mar High School
Public,•10-12•2.1mi
9/10
South Pasadena Senior High School
Public,•9-12•2.1mi
8/10
Gabrielino High School
Public,•9-12•2.4mi
4/10
Woodrow Wilson Senior High School
Public,•9-12•3.2mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•4.2mi
Condition Rating
Fair
Built in 1955, the property shows its age, particularly in the kitchen which features very dated light wood flat-panel cabinets, laminate countertops, older white appliances, and worn linoleum flooring. While the exterior appears maintained, the interior visible in the images suggests that major components are functional but significantly outdated. The property is livable and income-producing with long-term tenants, indicating regular upkeep, but it has not undergone recent extensive renovations and would require substantial cosmetic and system updates to meet current quality and style standards.
Pros & Cons
Pros
Great Schools: Elementary School: Marengo Elementary School (9/10). Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
Stable Income Stream: The property features three one-bedroom units with long-term tenants who have a consistent payment history, indicating a reliable and established income stream for investors.
Prime Alhambra Location: Conveniently situated in the heart of Alhambra, offering tenants access to a vibrant downtown area with various amenities, shops, and restaurants within walking distance.
Excellent Commuter Access: The property boasts strong connectivity, being only 8.6 miles from Downtown Los Angeles and less than 4 miles from Cal State Los Angeles, appealing to a broad tenant base.
Residential Income Property: As a triplex, this property is a dedicated residential income asset, ideal for investors seeking multi-unit ownership and consistent rental revenue.
Access to Highly-Rated Schools: The location benefits from proximity to several highly-rated public schools, including South Pasadena Senior High School (rating 9) and Mark Keppel High School (rating 9), enhancing its long-term appeal.
Cons
Property Age: Built in 1955, the property is older, which may suggest potential for deferred maintenance, outdated systems, or the need for significant capital expenditures for renovations or upgrades.
Limited Unit Configuration: All three units are one-bedroom, which could limit the tenant pool and potential for higher rental income compared to properties offering a mix of larger unit sizes.
Sparse Property Details: The description lacks specific information regarding the interior condition of the units, recent upgrades, parking availability, or on-site amenities, which may necessitate further due diligence for potential buyers.