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$3,700,000
18 Beds ⋅ 13 Baths ⋅ 26839467 MLS ⋅ Active Status
Long-term ownership since 1974 presents the opportunity to acquire a well-maintained 13-unit apartment property located in the desirable Midwick Park / Alhambra Hills neighborhood of Alhambra. The property features an attractive unit mix, recent capital improvements including newer roof and electrical panels, 11 carports, on-site storage, and strong long-term tenancy. Excellent San Gabriel Valley location near Cal State LA, Downtown Alhambra amenities, and the I-10 Freeway. Approximately 10%+ rental upside with stable in-place income.

3111 W Ramona Road, Alhambra
$2,280,000
AR26106115 MLS ⋅ Active Status
*** Excellent Location. *** Large Lot. Nearby California State University Los Angeles and Downtown LA. Decent Great Single family Residence surrounding areas. Easy to access Freeway 10. Two four-plex buildings, total 8 x 2 bed/1 bath units plus 4 Double Car Garages and Plenty parking space. Individual water heater in the unit. There are Laundry Hook up for Each Unit. Fully occupied. Rare opportunity for Investor. The property provides immediate stability while offering tremendous value-add potential for future ownership. Drive By Only ! Do not Disturb Tenants.

2205 W Ramona Road, Alhambra
$980,888
CV26092630 MLS ⋅ Active Status
Freshly painted exterior!! Take another look! Prime Alhambra duplex, just minutes from South Pasadena and San Marino, offers excellent income potential and versatility for investors or owner-occupants. The property includes three units: Unit 903 features a spacious living area, updated kitchen, oversized primary bedroom, and a large upstairs bonus and/or bedroom (not included in sq.ft. listed)—ideal for a bedroom or office—with 1.5 bathrooms and in-unit laundry. Unit 901 N. 1st St. (approx. 855 sq. ft.) has an open layout, 1 bedroom, 1 bathroom, a walk-in closet (with potential for expansion), and indoor laundry. The unpermitted studio (903-1/2), attached to the garage, is 409 sq.ft.(not included in total house sq.footage) with a 3/4 bath and access to the outdoor kitchen. Enjoy three income streams or flexible living/workspace options at exceptional value in this desirable location. The 6,500+ sq.ft. gated lot features an extra-long driveway and ample parking. Both main residences have separate electric and gas meters, leased solar panels, and share water and sewer. Located in the Alhambra school district and within walking distance of downtown Alhambra—offering great food, shops, services, and community events, including a certified farmer's market—this property delivers on location, functionality, and potential. With the right finishing touches, it's a rare investment opportunity in a sought-after neighborhood. Buyer to do their due diligence on all aspects of the property. DO NOT DISTURB TENANTS. SHOWN BY APPOINTMENT ONLY.

903 N 1st, Alhambra
$2,100,000
P1-26525 MLS ⋅ Active Status
Opportunity to purchase a 7 units multifamily investment property situated in a highly desirable pocket of Alhambra, in the heart of the San Gabriel Valley. The property benefits from exceptional accessibility to major thoroughfares including Valley Blvd and the I-10, I-710 and SR-60 freeways, placing residents within minutes of premier dining, retail, Cal State LA, and employment hubs throughout Alhambra, Monterey Park, and Downtown Los Angeles.The property has demonstrated stable in-place income with long-term tenants, offering investors immediate cash flow with the opportunity to organically increase rents to market over time. Currently there are three (3) vacant units, allowing investors to upgrade the units and lease up at premium market rent. Additionally, the layout and lot configuration may present ADU potential (buyer to verify), providing a clear path to further increase income and overall asset value.With a total building size of +/-4,046 SF sitting on a +/-8,919 SF lot, the asset consists of 7 well-maintained units with an efficient unit mix of six (6) 1 Bed / 1 Bath, and one (1) 2 Bed / 1 Bath. Each unit is thoughtfully designed and benefits from two (2) dedicated parking spaces (garage + driveway)--a rare and highly desirable amenity that significantly enhances tenant appeal and retention. The buildings are well-maintained featuring: wood and tile flooring, copper plumbing, private storage units, private patio (for the 2-bedroom unit). The onsite laundry room generates additional income.With its combination of prime location, strong rental fundamentals, parking-rich configuration, and future upside, 2745 S Fremont Ave represents an ideal acquisition for both seasoned investors and those seeking a stable long-term hold in a high-demand rental market.Note: Buyer to verify all information herein. Broker/Agent and Seller do not guarantee its accuracy.

2745 S Fremont Avenue, Alhambra
$2,500,000
AR26030880 MLS ⋅ Active Status
A rare opportunity in Alhambra, CA! This 8-unit apartment property, owned by the family since 1959, offers a prime corner location with parking on both Bushnell Ave and Commonwealth Ave. The unit mix includes six 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, with 3 units to be delivered vacant, presenting immediate market rent potential. This low-maintenance property features separate gas and electric meters for each unit, a master water meter, and 7 garage parking spaces plus 1 open space. On-site washer and dryer units, owned by the landlord and included in the sale, provide additional income opportunities. Conveniently located within walking distance of Costco Wholesale (0.5 miles) and with easy access to the 710 and 10 freeways, this property is perfect for investors seeking a solid, long-term asset with very low vacancy.

1515 W Commonwealth Avenue, Alhambra
$1,200,000
PF26025455 MLS ⋅ Active Status
Rare duplex opportunity of two separate units on a large lot (9,461 square feet). Excellent home for extended family or investment opportunity strategically located to Los Angeles and Pasadena. This charming and pristine duplex features two distinct residences with their own individual backyards separated by a wall and an enclosed four car garage and an additional three exterior parking spaces. Both units are separately metered for electricity and gas. Additionally, there is a bonus studio unit. The attractive front unit is highlighted with a remodeled kitchen and full bathroom, laminate flooring, spacious living room with fireplace, attached alcove reading room to the living room, abundant light flowing into a classic dining room with vintage display cabinetry, den / office which could be used as a third bedroom, separate laundry room with washer and dryer hookups, stove / refrigerator / dishwasher included, mini split HVAC’s in each bedroom, off-street parking, freestanding barbeque, walk-in closet, and hallway/attic fan to quickly expel hot air when needed. The rear unit features an arboretum like setting with shade trees in an enclosed backyard. This second story unit presents three bedrooms, two full bathrooms with showers and bathtubs, a large living room with a vaulted ceiling and abundant bookshelves, HVAC, kitchen with spacious counters, refrigerator / stove / washer / dryer / dishwasher included, laminate flooring, numerous windows allowing light to flow into this unit, and covered patio adjacent to front door.

3215 Sherwood Avenue, Alhambra
$1,625,000
AR25278569 MLS ⋅ Active Status
Single-story Fourplex in north Alhambra, adjacent to South Pasadena and San Marino. Overparked building w/ 7 spaces (5 open + 2 garage). Most units have been upgraded (full and partial). Easy to Rent and Manage. Highly Desirable SINGLE-STORY BUNGALOW style fourplex (NO leaking from upstairs unit issue!) located in the best location of Alhambra. Separately metered for everything except water. It is situated on a quiet residential street in north Alhambra, and adjacent to both San Marino and South Pasadena; yet it provides convenience to tenants due to its strategic location just within minutes to many area amenities like shopping (Costco, Target), Alhambra Park, schools, churches, downtown Alhambra on Main Street, and easy access to FWY 10 and FWY 110 via Fremont Ave. This offering provides investor with opportunity to buy an easy to manage and rent apartment investments in the best location of Alhambra. The property has undergone many capital improvements, most recent ones are new roof for back duplex (October 2023), new drought tolerant landscaping (front lawn) and new exterior paint (back duplex + garage). The building consists of two duplexes. The front duplex consists of two x 1bedroom+1bathroom bungalow style units. Each unit comes with in-unit laundry machines (seller provided). One of the front units (#312 – Will be delivered vacant) has been partially upgraded with luxury vinyl wood flooring, quartz kitchen countertops, new kitchen, recessed lightings, and new laundry machines (come with the property). The other front unit (#314) has been fully upgraded with new kitchen, new flooring, new stainless-steel appliances, in-unit laundry machines, new A/C, new windows, etc. The back duplex consists of one x 1bedroom+1bathroom, and one x studio. Both back units have been completely upgraded with new flooring, new kitchen (cabinets and quartz countertops), recessed lightings, and mini split A/C and heating units. These back 2 units do not have any laundry hookups and there is no laundry facility in the building (new owner can create laundry facility in one of the storage spaces). The property has a detached garage which provides 2 parking spaces and 2 storage spaces. There are 4 additional striped parking spaces in front of the garage. The building is separately metered for electricity and gas.

312 N Primrose Avenue, Alhambra
$1,799,000
CV25241240 MLS ⋅ Active Under Contract Status
Prime 5-Unit Investment Opportunity | Alhambra, CA **Exceptional Income Property with Long-Term Upside** Positioned on a 6,615 sq. ft. lot in one of Alhambra’s most desirable and stable rental markets, this well-maintained five-unit apartment property presents an outstanding opportunity for investors seeking both immediate cash flow and future value-add potential. Ideally located north of the I-10 Freeway, the property benefits from excellent bus connectivity and convenient access to Metro and Metrolink transit, placing it within the type of transit-oriented location increasingly sought after by multifamily and redevelopment investors. The property comprises 4,422 sq. ft. of living space with 9 bedrooms and 9 bathrooms, including: Four 2-bedroom, 2-bath units One 1-bedroom, 1-bath unit All units are tenant occupied on month-to-month agreements, offering flexibility for future investment strategies. Each residence includes assigned on-site parking, and water and trash are currently included in the rent. Additional highlights include: Owner-operated on-site laundry room providing supplemental income Strong, established rental market Convenient access to Cal State LA, shopping, dining, Downtown Alhambra, Pasadena, and Downtown Los Angeles Excellent commuter location with nearby public transportation Pro forma rental projections reflecting market rates at the time of listing Potential for additional development or expansion (buyer to verify with the City of Alhambra) Whether you’re expanding an established portfolio or purchasing your first multifamily investment, this property offers a compelling combination of stable income, desirable location, and long-term appreciation potential. Investment opportunities offering this blend of location, income, and future upside are increasingly difficult to find in Los Angeles County.

1342 Edgewood, Alhambra
$2,980,000
AR25183409 MLS ⋅ Active Under Contract Status
Rare find with high income potential, a unique opportunity to acquire the 8 unit apartment building located in Alhambra, CA. 2121 El Paseo is close to key amenities including shopping, restaurants and coveted beaches, this building will attract high-income tenants looking for a vibrant downtown lifestyle. At present, this property, fully leased to tenants all current with their leases, is in a unique position because of its outstanding location, its potential for increased income, to be a significant & unique addition to one’s real estate investment portfolio and/or a great 1031 Exchange.

2121 El Paseo, Alhambra

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.