101 East Beacon Street

Alhambra, CA 91801

$3,950,000
Last Sold Price
16
Beds
12
Baths
9,172 Sq. Ft.
$431 / Sq. Ft.
9,172
Sq. Ft.
$431
per Sq. Ft.

Description

Seller will carry financing at favorable terms to an experienced and qualified investor | Constructed in 1959 on a 13,221 square foot lot, Beacon Manor is a 12-unit multifamily property with a total building size of 9,172 square feet. The meticulously maintained, controlled entry building is neatly landscaped, separately metered for gas and electric, serviced by a central water heater, and offers a gated pool, an on-site laundry facility (laundry machines are building owned), storage lockers, security...Seller will carry financing at favorable terms to an experienced and qualified investor | Constructed in 1959 on a 13,221 square foot lot, Beacon Manor is a 12-unit multifamily property with a total building size of 9,172 square feet. The meticulously maintained, controlled entry building is neatly landscaped, separately metered for gas and electric, serviced by a central water heater, and offers a gated pool, an on-site laundry facility (laundry machines are building owned), storage lockers, security cameras, covered and carport parking with storage bins, and a garage. Beacon Manor boasts a desirable unit mix of eight one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units. Units offer laminate, tile, and carpet flooring, gas stoves, dishwashers, ceiling fans, wall units for heating and cooling, and ample closet and storage space. Select units have been upgraded with new kitchen cabinets, bathroom vanities, and stone countertops. Electrical panels throughout were recently replaced.
  1. Listed by Priscilla Nee • DRE #01435254 • Brokerage DRE #00868409 • CB Richard Ellis, Inc.

Property Details for 101 East Beacon Street

Zoning
ALRPD*
Parcel Number
5345007016
Total Units
12.0
Living Area
9172
Source Living Area
Assessor
Area
Alhambra (601)
Vacancy Rate
3%
Lot Size Area
13221

Location

Listing Courtesy of CB Richard Ellis, Inc., Priscilla Nee, DRE #01435254

Sold By Non-Participant Office, Subscriber Non, DRE #13252

Add your commute
LISTING UPDATED: 09/12/2023 09:01 AM

Property Details for 101 East Beacon Street

StatusSold
MLS #23-276161
Days on Market82
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.30 AC / 13,221 SF
CountyLos Angeles County

Location

Listing Courtesy of CB Richard Ellis, Inc., Priscilla Nee, DRE #01435254

Sold By Non-Participant Office, Subscriber Non, DRE #13252

Add your commute

Building Information for 101 East Beacon Street

Stories2Residences-Year Built1959Building Size-Lot Size0.30 AC / 13,221 SF

Payment Calculator

$21,557 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,557

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 101 East Beacon Street

Community / Development
Community / Development
  • Number Of Units: 12
  • Professional Management: 10544.0
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Multifamily
  • Security Features: Other, Card/Code Access, Gated
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $263,588
  • Net Operating Income: $169,061.00
  • Gross Income: $269,640
  • Cap Rate: 4.28%
  • Gross Rent Multiplier: $14.65
  • Total Annual Expense: 94528
  • Pool Expense: $2,117.00
  • Water Expense: $3,393.00
  • Gas Expense: $1,794
  • Electric Expense: $1,254.00
  • Trash Expense: $2,307.00
  • Other Expense: $3,000.00
  • Expense Pest: $600.00
  • Tax Expense: $55,421
  • Gardener Expense: $2,500
  • Expense Licenses: $350.00
  • Insurance Expense: $3,774
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.3035
  • Lot Size Square Feet: 13221
Parking Details
Parking Details
  • Parking Garage: Carport, Garage - 1 Car, Covered Parking
  • Total Parking: 12
  • Covered Parking: 3
  • Garage Spaces Total: 1
  • Carport Spaces Total: 8
  • Parking Features: Carport, Garage - Single Door, Covered
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Laminate, Tile, Carpet
  • Equipment: Dishwasher, Range/Oven, Ceiling Fan
  • Interior Features: Ceiling Fan(s)
  • Cooking Appliances: Range
  • Laundry: Community
Exterior Features
Exterior Features
  • Pool: Yes
  • Pool Description: Fenced
  • Pool Features: Fenced
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-07-2023
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,735.00
  • Unit Actual Rent: $13,880.00
  • Unit Projected Rent: $15,600.00
  • Like Units: 8
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,174.00
  • Unit Actual Rent: $8,590.00
  • Unit Projected Rent: $9,200.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107

Property History for 101 East Beacon Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 101 East Beacon Street

This home is within Alhambra Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Granada Elementary School
PublicK to 8

San Gabriel High School
Public9 to 12

Century High School
Public9 to 12

Independence High (Alternative) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CB Richard Ellis, Inc., Priscilla Nee, DRE #01435254

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.