Description
Rare investment opportunity – first time on the market in 45 years
introducing an incredible 6-unit multifamily property in the heart of alhambra, proudly offered for the first time in over four decades. this prime asset features five spacious 2-bedroom/1-bathroom units and one studio, all designed with open floor plans that seamlessly blend living, dining, and kitchen areas. the 2-bedroom units offer generous bedroom sizes and ample closet space, with two front units enhanced by charming fireplaces, adding extra appeal for tenants.
the property includes 9 parking spaces (6 covered carports and 3 uncovered), providing convenience for all residents. each unit is individually metered for electricity and equipped with its own water heater, ensuring low overhead and ease of management.
a community laundry room is available onsite, with seller-owned washer and dryer included in the sale. the building is currently fully occupied with long-term tenants, all of whom are current on rent – a testament to the property’s stability and desirability.
strategically located midway between the vibrant retail and dining corridors of main street and valley boulevard, the property offers excellent access to all that alhambra has to offer.
drive by only – please do not disturb tenants.
Property Type
Residential IncomeCounty
Los AngelesStyle
TraditionalAD ID
49271168
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: Open Floorplan
- Property Appliances: Electric Range,Water Heater
- Fireplace: Living Room
- Flooring: Carpet
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Radiant
- Has Heating
Fireplace
- Fireplace Features: Living Room
- Has Fireplace: 1
-
Exterior Features
Building Information
- Year Built: 1963
- Building Area Total: 4,573
Foundation
- Slab
Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Pool Features
- None
Laundry Features
- Common Area
Fencing
- Block
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Assessor
- Lot Size Acres: 0.1624
- Lot Size Dimensions: 50 x 140
- Lot Size Source: Assessor
- Lot Size Square Feet: 7074
-
Listing Information
Listing Price Information
- Original List Price: 1,750,000
- Listing Contract Date: 2025-04-07
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5350020018
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Carport,Detached Carport,Driveway,Side By Side,Uncovered
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 601 - Alhambra
- Postal Code Plus 4: 2204
- Directions: On S. Atlantic Blvd., north of Valley Blvd. and south of W. Mission Rd.
- Zoning: ALRPD*
- Source Property Type: Residential Income
- Area: 601 - Alhambra
- Property SubType: Apartment
Building and Construction
- Property Age: 62
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Living room
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/15/2025 @ 20:58
- MLS: WS25073288
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 4,573 sqft, 7,074 sized lot, and 0 parking. are nearby neighborhoods.