2617 W Norwood Place
Alhambra, CA 91803

Attention investors and buyers! We are delighted to present a highly convenient location duplex with exceptional features. Each unit consists of 1 bedroom and 1 bathroom. The seller recently completed renovations in 2021, ensuring a fresh and updated appeal.Both units boast excellent tenants, making this investment even more appealing. The front unit (2617) has recently signed a one-year lease starting on 02/15/2023. The back unit (2619) is currently under contract and their lease is set to expire on 10/13/2023. Each unit is leased for $2000 per month, resulting in a total monthly income of $4000.Not only are the tenants cooperative and pleasant to communicate with, but they also consistently pay their rents on time, adding to the desirability of this property. Furthermore, the seller has obtained permits and designed a project approved by the city. The project includes two significant aspects:1. Converting the existing 629 sqft garage into a spacious 982 sqft unit.2. Rebuilding a 456 sqft 2-car garage.To provide you with a comprehensive overview, the project design drawings are included in the sales package. This investment opportunity offers both immediate rental income and the potential to further enhance the property's value through the approved project!