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Listed by Felix Hung • Real Broker
$ 1,580,000
Est. payment | /mo
3,074 SqFt
$ 1,580,000
Est. payment | /mo
3,074 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,074 sqft
Price per Sqft $513
MLS Listing ID OC-26000397
Year Built 1980
Lot Size 7,484 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
2204 Orange Grove Ave is a well located triplex in a highly desirable residential pocket of Alhambra, surrounded primarily by single family homes. The property offers a versatile layout that works well for an owner user or an investor seeking stable income with future upside.
The building consists of three units totaling 7 bedrooms, 4 baths and approximately 3,074 square feet on a 7,481 square foot lot. The unit mix includes one 3 bedroom 2 bath unit and two 2 bedroom 1 bath units. Per owner, the ground level 3 bedroom unit is approximately 1,244 square feet, while each of the upper units is approximately 950 square feet; all square footage figures are estimates and should be verified by the buyer. The 3 bedroom unit is located on the ground level with a spacious and functional floor plan, while the two upper units offer efficient layouts and consistent rental demand. The property offers in-place rental income, providing immediate cash flow for a new owner.
Parking is a significant advantage, with four individual garages plus additional off street parking along the rear driveway accessed from the alley. Each unit is separately metered for electricity, and an on site laundry area provides added convenience and supplemental income.
The large rear lot may offer future potential for expansion or accessory dwelling unit possibilities, subject to buyer verification and city approval. This creates an opportunity to add value over time while holding a well positioned asset.
Conveniently located near parks, shopping, dining, and schools, with easy access to the 10, 60, and 710 freeways and a short drive to Cal State LA and Downtown Los Angeles, this property combines neighborhood appeal with everyday accessibility.
The building consists of three units totaling 7 bedrooms, 4 baths and approximately 3,074 square feet on a 7,481 square foot lot. The unit mix includes one 3 bedroom 2 bath unit and two 2 bedroom 1 bath units. Per owner, the ground level 3 bedroom unit is approximately 1,244 square feet, while each of the upper units is approximately 950 square feet; all square footage figures are estimates and should be verified by the buyer. The 3 bedroom unit is located on the ground level with a spacious and functional floor plan, while the two upper units offer efficient layouts and consistent rental demand. The property offers in-place rental income, providing immediate cash flow for a new owner.
Parking is a significant advantage, with four individual garages plus additional off street parking along the rear driveway accessed from the alley. Each unit is separately metered for electricity, and an on site laundry area provides added convenience and supplemental income.
The large rear lot may offer future potential for expansion or accessory dwelling unit possibilities, subject to buyer verification and city approval. This creates an opportunity to add value over time while holding a well positioned asset.
Conveniently located near parks, shopping, dining, and schools, with easy access to the 10, 60, and 710 freeways and a short drive to Cal State LA and Downtown Los Angeles, this property combines neighborhood appeal with everyday accessibility.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Interior
Fireplaces Type None
Laundry In Garage
Exterior
Parking Features Driveway Level, Garage, Garage Faces Rear, Driveway
Garage Spaces 4.0
Pool None
Community Features Curbs, Sidewalks
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
Building
Lot Description Front Yard, Lot 6500-9999, Rectangular Lot, Treed Lot
Sewer Public Sewer