$4,800,000
920 N. 1st Street is a 16-unit apartment complex in the highly sought after city of Alhambra. The property boasts a unit mix of ten (10) one-bedroom units and six (6) two-bedroom units. Each unit is separately metered for gas and electricity. The renovated units include laminate wood flooring, granite countertops and stainless-steel appliances. Offered at a 5.06% CAP rate, a new owner has the ability to add a property to the portfolio with rents close to market in a submarket that sees very little turnover.
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