1605 S Atlantic Boulevard

Alhambra, CA 91803

  • 10 Bed(s)
  • 8 Bath(s)
  • 6,415 Sqft
  • 22847
    Sqft(Lot)
$3,400,000

Description

Rare 8-unit investment opportunity in prime alhambra with development potential



this exceptional multifamily property consists of two side-by-side parcels totaling 22,978 square feet in the highly desirable residential high density (rh) zone of alhambra. featuring eight fully occupied units with a combined 6,415 square feet of living space, this asset offers a diverse mix of rental options, including a studio, two 1-bed/1-bath duplexes, an upstairs two-bedroom unit, and two detached single-family homes—one of which is a three-bedroom with a basement and private fenced yard. most units are equipped with in-unit laundry, with the exception of the studio and the upstairs unit, which share a laundry room downstairs.



the property includes ample on-site parking, featuring five standalone single-car garages, a two-car garage with an attached studio and upper unit, a carport, and additional off-alley and street parking. the buildings have been well-maintained, and all units are currently rented with no outstanding balances, reflecting strong tenant retention and minimal vacancies.



ideally situated near pasadena, san marino, and san gabriel, this property offers easy access to major freeways, public transportation, top-rated restaurants, entertainment, dodger stadium, hollywood, golf courses, downtown los angeles, santa anita, the rose bowl, usc, ucla, cal state la, and an array of retail shops and parks.



with its prime rh zoning designation, this property allows for a density of 43 units per acre, a maximum building height of 45 feet, and up to five stories, presenting significant redevelopment potential (buyer to verify). there may also be opportunities to add adus or junior adus for additional rental income. this is a rare chance to acquire a high-performing investment property with substantial upside in a prime infill location.



private property – do not enter without written permission.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48544877

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Tile

  • Building Information

    • Year Built: 1947
    • Building Area Total: 6,415
    • Roof: Tile

    Pool Features

    • None

    Laundry Features

    • Inside

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.5245
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 22847

  • Listing Price Information

    • Original List Price: 3,400,000
    • Listing Contract Date: 2025-02-07

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5356016043

  • Garage and Parking

    • Garage Description: Attached Carport,Garage,Off Street

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 601 - Alhambra
    • Postal Code Plus 4: 3114
    • Directions: From I-10 exit Atlantic Blvd. traveling North. Property will be on left side just before reaching Norwood
    • Zoning: ALRPD*
    • Source Property Type: Residential Income
    • Area: 601 - Alhambra
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 78
    • Common Walls: 1 Common Wall
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Street
    • Property Attached: Yes
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BuyOwner last updated this listing 04/06/2025 @ 00:22

  • MLS: OC25026504
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 10 bedrooms which is for sale, it has 6,415 sqft, 22,847 sized lot, and 7 parking. are nearby neighborhoods.