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Alhambra
 | 
Multifamily

18 E. Woodward Avenue

Alhambra, CA 91801
Offering Price
Sales Price
$1,790,000
Offering Highlights
Deal Highlights

Record Setting Cap & GRM. Lowest Cap Rate ever and highest Gross Rent Multiplier ever for 1950's construction in Alhambra.

Efficient Management. Successfully navigated probate court and estate for sellers.

Multiple Offers. Multiple offers generated in the first few weeks of marketing.

1031 Exchange. Completed Buyer's 1031 Exchange - from office building to multifamily.

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Close of Escrow
12/28/2018
6

Units

4,486

Building SF

1959

Year Built

89

Walk Score

$399.02

Price/SF

$298,333

Price/Unit

2.42%

Current Cap

20.72

Current GRM

4,486

Building SF

1959

Year Built

$399.02

Price/SF

6

Units

4,486

Building SF

1959

Year Built

89

Walk Score

$399.02

Price/SF

$298,333

Price/Unit

2.42%

Current Cap

20.72

Current GRM

6

Potential Buildable Units

4,486

Land SF

$399.02

Price/Land SF

$298,333

Zoning

1959

Year Built

89

Walk Score

Property video
Property Location
Alhambra
Submarket
Lead Agent Info

Contact us for more information.

Daniel Shon

Executive Director
Multifamily Investments

(714) 876-5013

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