Request Offering Memorandum

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201 S Olive Ave

Alhambra, CA. 91801

OLIVE APARTMENTS

WELL-MAINTAINED BUILDING

Call us! 626.204.3300

ABOUT THE ASSET

PROPERTY DESCRIPTION

The Olive Apartments is a well-maintained, 6-unit apartment building located in Alhambra. This non-rent controlled property is on the market for the first time in over 40 years. The units are an ideal mix of three 1 bed/1 bath units & three 2 bed/2 bath units averaging over 1,000 square feet. Most of the units have large balconies or yards with a total of 11 parking spaces.

SUMMARY
PRICE
PRICE/UNIT
PRICE/SF
GRM
CAP
UNITS
YEAR BUILT
GROSS SF
LOT SF
APN
$1,960,000
$326,667
$317.25
15.80
4.04%
6
1971
6,178
9,446
5342-021-016

Non-Rent Control

© 2016 Bridge Investment Group of KW Commercial

251 S. Lake Avenue, Suite 320

Pasadena, CA 91101

DRE #01444805