1300 W Mission BLVD Alhambra, CA 91766
0.61 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25216135
HOA Y/N No
Year Built 2023
Lot Size 0.612 Acres
Property Sub-Type Apartment
Property Description
This unparalleled investment opportunity offers a rare combination of modern luxury, strategic location, and compelling financial performance. With a current cap rate of 5.07%, significant embedded rental upside and rent control exemption, it represents an exceptional addition to any discerning investor's portfolio. The property's 33 individually parceled units further enhance this opportunity, offering a unique and highly flexible exit strategy for a future condo-conversion. Situated at the crossroads of Buena Vista Avenue and W Mission Boulevard, and just minutes from the 10 and 71 freeways, this 33-unit property provides tenants with exceptional access to the entirety of Southern California, cementing its status as a highly desirable residential hub. Featuring meticulously designed 1, 2, and 3-bedroom units, Mission33 is a groundbreaking urban oasis poised to deliver long-term, stable returns in one of the region's most promising markets. For investors seeking a blend of stability, growth, and premium quality, Mission33 represents a truly outstanding chance to capitalize on the sustained demand for high-end, contemporary housing in a vibrant and economically diverse community.
An Unmatched Residential Experience in a Thriving Community Mission33 stands out as a beacon of modern living, offering a comprehensive suite of amenities and features designed to attract and retain high-quality tenants. The property boasts a stunning exterior with modern finishes, secured access, and a gated entry that provides a sense of exclusivity and safety. Residents benefit from a secured subterranean parking garage, complete with electric vehicle (EV) charging stations, as well as guest parking. The well-appointed common areas include an elevator for convenience, a state-of-the-art fitness center/gym, and multiple outdoor courtyards and seating areas featuring public art and modern landscaping. A private mail room and lobby, along with the property's pet-friendly policy, further enhance the tenant experience.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dryer, Washer
Exterior
Parking Features Underground
Carport Spaces 33
Pool None
Community Features Curbs, Sidewalks
View Y/N Yes
View Mountain(s)
Total Parking Spaces 33
Private Pool No
Building
Lot Description 31-35 Units/Acre
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction Yes
Others
Senior Community No
Tax ID 8349011048
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Lease Land No
