Hotel – The Raymond Hotel – Los Angeles County – Alhambra, CA 91801

Hotel – The Raymond Hotel – Los Angeles County – Alhambra, CA 91801


Hotel – The Raymond Hotel – Los Angeles County – Alhambra, CA 91801

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The Raymond Hotel

117 S. Raymond Ave, Alhambra, CA 91801

Price: N/A
Building Size : 6,270 SF
Lot Size : 6,721 SF
Built : 1923
No.Rms : 29
DESCRIPTION

SRO (Single Room Occupancy) Apartment Building – Alhambra, CA
The Raymond Hotel is a 29 unit SRO Apartment Building with community bathrooms. All residents are on month-to-month leases with no rent control. Property has high cash flow with tremendous upside potential. This is a turn-key property that requires very little management. There are many other uses for the property as well.
Please do not disturb tenants.

Building located in prime area of Alhambra. Located south of Main St. and north of Mission Rd. Aross the street from Alhambra Hospital. Next to shopping centers and restaurants. Blocks from Alhambra City Park. Great location!!

Estimated zip code population in 2011: 53,135
Zip code population in 2010: 52,735
Zip code population in 2000: 54,381

Males: 25,420  (47.8%)
Females: 27,715  (52.2%)

For population 25 years and over in 91801:

  • High school or higher: 80.2%
  • Bachelor’s degree or higher: 33.1%
  • Graduate or professional degree: 10.8%
  • Unemployed: 7.8%
  • Mean travel time to work (commute): 27.5 minutes

For population 15 years and over in 91801:

  • Never married: 34.2%
  • Now married: 48.3%
  • Separated: 2.2%
  • Widowed: 6.8%
  • Divorced: 8.5%

Zip code 91801 compared to state average:

  • Black race population percentage significantly below state average.
  • Foreign-born population percentage above state average.
  • House age above state average.

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Percentage of zip code residents living and working in this county: 94.8%

Races in zip code 91801:

White population: 5,714
Black population: 792
American Indian population: 59
Asian population: 28,571
Native Hawaiian and Other Pacific Islander population: 25
Some other race population: 64
Two or more races population: 846
Hispanic or Latino population: 16,664

Commercial Building in Downtown Alhambra

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Park St At Garfield Ave, Alhambra

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Alhambra Civic Center Library

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