Alhambra, CA 91801 81 Palmetto Drive
$3,988,000
47 more
Presented By: Imy Dulake with Coldwell Banker Realty; 626-664-1280
Home Details
Introducing an unparalleled Gorgeous living experience in these stunning Investments of Newer construction built in 2021 Modern 4 units townhome-style Fourplex has 8 car garage spaces. Terrific investment opportunity. Great for owner user with extra income investment property This exquisite property boasts two luxurious buildings, each housing two thoughtfully designed units. There are two units of spacious 3-bedroom, 3.5 bathroom residences and two units of elegant 2-bedroom, 2.5-bathroom homes and all 4 units offers large 2 car attached direct access garages. Every unit offers the privacy of its own outdoor patios and balconies of END units for privacy. 83B rear end unit featuring a large privately fenced backyard and additional outdoor storage space. All units are very private end units. These are newer buildings and very minimum maintenance to own the 4 units with high rental income.
Step into culinary bliss with the open gourmet kitchen, featuring stainless steel appliances, exquisite quartz countertops, and stylish modern cabinetry. Energy-efficient recessed lighting illuminates the stylish vinyl wood flooring throughout. The 3-bedroom layouts offer a convenient downstairs bedroom and bathroom, while the primary suite and additional bedroom upstairs enjoy private patio access. Upstairs, you'll also find a stackable washer and dryer for all units for added convenience. All 4 units have its own private 2 car attached garage. Community also features 2 guest parking spaces. Enjoy peace of mind with individually metered gas, water, and electricity for each unit. Additional features include: central HVAC, tankless water heater, Ring doorbells, and home security systems. The property is beautifully landscaped with drought-tolerant plants.
Unbeatable location close to Main St restaurants, shopping, 99 Ranch Supermarket, Sprouts, medical buildings, beautiful Alhambra parks, Alhambra Golf Course, schools, and much more! Also only minutes from Pasadena Art district and Downtown Los Angeles. These townhome-style apartments combine contemporary aesthetics with functional design. Don't miss this opportunity to own the beautiful "Palmetto" with high rents for GREAT investment.
Presented By: Imy Dulake with Coldwell Banker Realty; 626-664-1280
Interior Features for 81 Palmetto Drive
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall, EndUnit, NoOneAbove, NoOneBelow
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Wood
Heating Y/NYes
Laundry FeaturesWasherHookup, Inside, LaundryCloset, LaundryRoom, Stacked, UpperLevel
Total Stories2
Window FeaturesBlinds, DoublePaneWindows, Screens
Other Rooms
Entry Level1
General for 81 Palmetto Drive
AccessibilityParking
Additional Parcels Y/NNo
AppliancesDishwasher, EnergyStarQualifiedAppliances, ExhaustFan, GasCooktop, Disposal, GasOven, GasRange, Refrigerator, RangeHood, TanklessWaterHeater, VentedExhaustFan, WaterToRefrigerator, Dryer, Washer
Architectural StyleModern
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityAlhambra
Community FeaturesCurbs, Park, StreetLights, Sidewalks
Construction MaterialsDrywall, Stucco, VerticalSiding, CopperPlumbing
CoolingCentralAir, EnergyStarQualifiedEquipment, HighEfficiency
CountyLos Angeles
Days on Market22
DirectionsUse GPS
DisclosuresCityInspectionRequired
ElectricElectricityOnProperty, Standard
Electric Expense0.0
Electric On Property Y/NNo
Energy EfficientAppliances
Entry Location1
Exterior FeaturesLighting, RainGutters
Facing DirectionSouth
Fuel Expense0.0
Garage Spaces8.0
Garage Y/NYes
Gross Income142283.0
HOA0.0
HeatingCentral, EnergyStarQualifiedEquipment, HighEfficiency
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense2317.0
Interior FeaturesBuiltInFeatures, Balcony, BlockWalls, HighCeilings, InLawFloorplan, OpenFloorplan, Pantry, QuartzCounters, RecessedLighting, Storage, WiredForData, AllBedroomsUp, AllBedroomsDown, BedroomOnMainLevel, MultiplePrima
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo, ThreeOrMore
Lot Size Square Feet9296.0
Lot Size UnitsSquareFeet
MLS Area601 - Alhambra
MobileHomeRemainsYNNo
Net Operating Income18604.0
New ConstructionYes
Number of Units Leased4
NumberOfUnitsTotal4
Open Parking Spaces3.0
Operating Expense3706.0
Other StructuresStorage
Pool FeaturesNone
PossessionClosePlus3Days
Private PoolNo
Property ConditionUpdatedRemodeled, Turnkey
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofFlat
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot199
Tenant PaysAllUtilities, Electricity, Gas, Telephone, Water
TermsCash, CashToNewLoan
Total Actual Rent175200.0
Trash Expense302.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNeighborhood
View Y/NYes
Virtual TourClick here
Water Sewer Expense1087.0
Waterfront Y/NNo
Year Built2021
Year Built SourceAssessor
ZoningALRPD*
Exterior for 81 Palmetto Drive
Building Area Total4796.0
Crops Included Y/NNo
Door FeaturesSlidingDoors
FencingBlock, Wood, WroughtIron
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre, Lawn, Landscaped, RectangularLot, SprinklerSystem, Walkstreet
Lot Size Acres0.2134
Lot Size Area9296.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned, Concrete, DoorMulti, DirectAccess, DrivewayLevel, Driveway, Garage, GarageDoorOpener, Guest, OnSite, OffStreet, Public, Private, GarageFacesRear, OneSpace, SharedDriveway, OnStreet, SideBySide, Storage
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking11.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480