36-Unit Downtown Alhambra Asset Positioned for Immediate NOI Expansion via Lease-Up and Expense Normalization. The Property is transitioning from a 2025 operational reset into stabilized performance following strategic capital improvements and lease-up activity. <\/p>\n
In 2025, the Property had a vacancy rate of 25.89% and generated $238,588 in Net Operating Income, yielding a cap rate of 3.29%. Current occupancy is 94%. Based on current occupancy, the pro forma cap rate is 5.01%. <\/p>\n
As of April 1, 2026, the vacancy has been reduced to 2 units, reflecting strong leasing momentum and improving cash flow. One unit is currently configured as office space, with the option to convert to a 1-bedroom ( allow the buyer to choose). <\/p>\n
Property has 26.5 off-street covered parking spaces (0.5 is designated motorcycle parking); on-street parking is available from the city for $70 per year per space. <\/p>\n
On-site laundry facilities provided, machines provided by WASH. WASH maintains the machines and pays the owner a percentage of the monthly revenue. 3 washing machines, 3 dryers are on the property.<\/p>\n","protected":false},"excerpt":{"rendered":"36-Unit Downtown Alhambra Asset Positioned for Immediate NOI Expansion via...","protected":false},"author":0,"featured_media":404207,"template":"","es_locations":[],"es_categories":[],"es_types":[159],"es_rent_periods":[],"es_labels":[],"es_statuses":[],"es_parkings":[],"es_roofs":[],"es_exterior_materials":[],"es_basements":[],"es_floor_coverings":[],"es_features":[],"es_amenities":[],"es_neighborhoods":[],"es_tags":[],"class_list":["post-404206","properties","type-properties","status-publish","has-post-thumbnail","hentry","es_type-multi-family","es-post-entity"],"_links":{"self":[{"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/properties\/404206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/properties"}],"about":[{"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/types\/properties"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/media\/404207"}],"wp:attachment":[{"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/media?parent=404206"}],"wp:term":[{"taxonomy":"es_location","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_locations?post=404206"},{"taxonomy":"es_category","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_categories?post=404206"},{"taxonomy":"es_type","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_types?post=404206"},{"taxonomy":"es_rent_period","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_rent_periods?post=404206"},{"taxonomy":"es_label","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_labels?post=404206"},{"taxonomy":"es_status","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_statuses?post=404206"},{"taxonomy":"es_parking","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_parkings?post=404206"},{"taxonomy":"es_roof","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_roofs?post=404206"},{"taxonomy":"es_exterior_material","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_exterior_materials?post=404206"},{"taxonomy":"es_basement","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_basements?post=404206"},{"taxonomy":"es_floor_covering","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_floor_coverings?post=404206"},{"taxonomy":"es_feature","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_features?post=404206"},{"taxonomy":"es_amenity","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_amenities?post=404206"},{"taxonomy":"es_neighborhood","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_neighborhoods?post=404206"},{"taxonomy":"es_tag","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_tags?post=404206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}