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$1,790,000
AR26158732 MLS
**The best investment properties don't just generate income—they inspire confidence. This North Alhambra fourplex offers both.** From the day you close, you'll own a well-maintained four-unit property in one of the San Gabriel Valley's most desirable rental markets, providing dependable income from the start. Ideally situated in North Alhambra, adjacent to South Pasadena, this classic 1924 Spanish property blends timeless 1924 Spanish character with the confidence of a comprehensive renovation completed in 2001. Perhaps this property's greatest asset isn't just its location—it's the people who call it home. Long-term residents have taken exceptional pride in their homes, creating a level of care and cleanliness that is rarely found in rental properties. For an investor, that means acquiring an asset that has been exceptionally well maintained by both ownership and residents—a quality that often translates into lower maintenance demands, responsible tenancy, and greater peace of mind. The property features four spacious one-bedroom, one-bath units across two separate buildings. Every unit includes in-unit laundry, and the property offers three private garages plus additional driveway parking—highly desirable amenities that continue to attract quality tenants. With all units occupied on month-to-month leases, the property provides dependable income from day one while offering flexibility as market conditions and ownership goals evolve. Whether you're completing a 1031 exchange, expanding your portfolio, or acquiring your first multifamily investment, this is a rare opportunity to own a clean, well-cared-for asset in one of the San Gabriel Valley's most sought-after rental markets. **Investment Highlights** * Four spacious 1-bedroom, 1-bath units * Current Gross Income: $7,300/month ($87,600/year) * Long-term, month-to-month tenants * Exceptional pride of occupancy throughout * In-unit laundry in every unit * Three private garages plus additional driveway parking * Two separate buildings * Comprehensive renovation completed in 2001 * Prime North Alhambra location adjacent to South Pasadena

2306 W Alhambra Road, Alhambra

$1,288,000
5 Beds 6 Baths WS26137496 MLS
Rare opportunity to own an exceptionally spacious and versatile residence in one of Alhambra's most desirable neighborhoods. The thoughtfully designed floor plan features 5 bedrooms and 3.5 bathrooms on the main level, along with two separately accessed upper-level living areas, creating exceptional flexibility for a variety of living arrangements. A large, welcoming front patio overlooks the beautifully landscaped front yard and peaceful neighborhood, creating a warm first impression before leading into the home's generous interior. Inside, you'll find a formal living room accented by a charming antique fireplace, a formal dining room, and a comfortable family room, offering an ideal setting for both everyday living and entertaining. Most of the bedrooms and primary living spaces are conveniently located on the main floor, making the home especially well suited for multi-generational living. The upper level is divided into two independently accessed sections. One side features a private one-bedroom, one-bathroom living area, while the other offers a spacious studio-style living space. This unique configuration provides outstanding flexibility for extended family, guests, a private home office, creative space, or potential future ADU or income-producing opportunities. Outdoor living is equally inviting, with multiple areas for relaxation and entertaining, including side yards, a spacious backyard, and alley access leading to a detached three-car garage. The rear alley access enhances privacy while maximizing usable yard space and offers excellent potential for a future garage-to-ADU conversion or additional improvements. Ideally located in a quiet yet highly convenient neighborhood close to shopping, dining, parks, schools, and transportation, this exceptional property offers a rare combination of generous living space, remarkable versatility, and outstanding long-term potential. Whether you're looking to accommodate a large or multi-generational family, create flexible work-from-home spaces, or explore future income possibilities, this home offers endless opportunities to make it your own.

109 S Cordova Street, Alhambra

$1,588,000
4 Beds 4 Baths PW26123130 MLS
Centrally located in north Alhambra this single level property is a great opportunity to own an upgrade 4 unit rental property very close to Pasadena. There are two One-bedroom units with one bathroom that was completely remodeled in 2023. There is a separate one Two-bedroom unit with one bathroom, and this unit has new flooring from 2023. The final ADU unit was completed this year with permits. All of the units have individual laundry hook-ups except for the ADU unit. 4 sperate electric meters, 3 gas meter, and one water meter that the owner pays. All upgrades on all units other than the ADU unit is done by the license contractor without permits. The detached 2 car garage was converted to an ADU with permits. The seller and the agent do not give warrant on the the condition or the specifics of the property. The LA is part owner of the property. It is the buyer and buyer's agent to do their due diligence. Please DO NOT disturb the tenants. Drive by only!

308 S Almansor Street, Alhambra

$1,588,000
PW26123117 MLS
Centrally located in north Alhambra this single level property is a great opportunity to own an upgrade 4 unit rental property very close to Pasadena. There are two One-bedroom units with one bathroom that was completely remodeled in 2023. There is a separate one Two-bedroom unit with one bathroom, and this unit has new flooring from 2023. The final ADU unit was completed this year with permits. All of the units have individual laundry hook-ups except for the ADU unit. 4 sperate electric meters, 3 gas meter, and one water meter that the owner pays. All upgrades on all units other than the ADU unit is done by the license contractor without permits. The ADU unit was converted with permits and it is available for an owner to occupy or rent out at the market rent. The LA is part owner of the property and related to the seller. All information provided herein—including but not limited to square footage, lot size, room dimensions, property condition, school districts, and zoning—is deemed reliable but is not guaranteed and should be independently verified. Neither the Seller nor its Listing Agent/Brokerage makes any warranties or representations, express or implied, regarding the accuracy, completeness, or condition of the property. It is the buyer and buyer's agent to do their due diligence. Please DO NOT disturb the tenants. Drive by only!

308 S Almansor Street, Alhambra

$1,298,000
3 Beds 3 Baths WS26085761 MLS
You don’t want to miss this one! Offered for the first time in over four decades, this beautifully maintained and thoughtfully upgraded residence sits in one of Alhambra’s most charming neighborhoods - just east of Fremont Avenue - where tree-lined streets and character-rich homes create a timeless sense of community. From the moment you arrive, the pride of ownership is unmistakable. Set on a desirable corner lot with professionally designed landscaping, brick pathways, and inviting outdoor living spaces, this home offers both warmth and curb appeal. Inside, classic charm meets modern convenience with original hardwood floors, an expanded and updated kitchen featuring custom cabinetry and granite countertops, and a highly functional floorplan designed for today’s lifestyle. The spacious second-floor primary suite provides a private retreat, while generously sized secondary bedrooms on the main level offer comfort and flexibility for family or guests. Thoughtful upgrades, including dual-pane windows, a tankless water heater, interior fire sprinklers, water softener, and a gas generator for peace of mind - ensure both efficiency and security. Step outside to enjoy a tranquil backyard setting complete with an outdoor gas fireplace, soothing fountains, and a covered patio niche, perfect for relaxing or entertaining year-round. A detached two-car garage with a custom wood sectional door completes the package. Beyond the home, the location is equally compelling. Positioned minutes from the vibrant dining and shopping scenes along Main Street and Valley Boulevard, and offering easy access to Downtown Los Angeles, this area is known for its rich cultural heritage, top-rated local eateries, and convenient commuter access. Nearby parks, schools, and community amenities further enhance the lifestyle appeal. Homes of this caliber, in such a sought-after pocket of Alhambra, rarely come available. This is your opportunity to own a truly special property that blends character, comfort, and location in one exceptional offering.

1820 Edgewood Drive, Alhambra

$4,250,000
AR26073541 MLS
First Time for Sale in 32 years - Prime 14-unit north Alhambra Value-add Opportunity - NO Local Rent Control | Walk to Downtown Alhambra | South Pasadena + San Marino Adjacent | Superb Demographics | Outstanding Unit Mix. 411 N Chapel Ave., a prime 14-unit value-add apartment community in highly sought-after North Alhambra (NO Local Rent Control). Offered for the first time in 32 years, this property sits just steps from the vibrant dining and entertainment of Downtown Alhambra and across from the popular Story Park. Bordering the premium communities of San Marino and South Pasadena, the location offers tenants unparalleled access to major retail centers, excellent schools, and key transit corridors (I-10 and I-110). This garden-style community provides investors with a straightforward value-add opportunity that is easy to manage and ready to be taken to the next level. Surrounded by newer townhouse subdivisions that provide a strong home-ownership atmosphere, the property features a stable base of long-term tenants. With no local rent control restrictions, the asset offers a clear path to stabilization at a very attractive 7.12% Proforma CAP Rate (SELF MANAGE). The property is a two-story garden style apartment that was built in 1963. It has a large building size of ±13,744 SF which translates to large average unit size of ±980 SF/unit. It is on a large ±16,018 SF lot crossing Alhambra Rd. It has an excellent unit mix of one (1) x large 3bed+1.5bath, three (3) x 2bed+1.5bath, six (6) x 2bed+1bath, and four (4) x 1bed+1bath units. Each unit has through the wall A/C, radiant heating, plenty of linen cabinets, ceiling fans, dining area, and so much more. Recent capital improvements including New electrical subpanels in each unit. The property has a total of 21 parking spaces (18 covered + 2 open + 1 tandem). There is no parking soft story retrofit requirement in Alhambra. Each unit is separately metered for electricity (all electric units). There is a shared laundry room (laundry leased) and 2 master gas water heaters. The property has 1 gas meter for the laundry and water heaters. The property is strategically located in the north Alhambra area, considered to be one of the best locations in Alhambra. This area is adjacent to the City of South Pasadena and City of San Marino.

411 N Chapel, Alhambra

$3,600,000
WS26013709 MLS
Excellent owner-user or investment opportunity in a prime location. Light Industrial / Light Manufacturing property with public records reflecting 15,641 SF and seller-measured building area of approximately 11,378 SF. The property offers three separate entrances, providing flexibility for multi-tenant use or owner occupancy: 1. Approx. 5,000 SF warehouse featuring 12.6-foot clear ceiling height and a 12' x 10' truck well. Currently leased on a month-to-month basis. 2. Approx. 4,000 SF warehouse with 13.6-foot clear ceiling height. 3. Approx. 2,378 SF two-story structure consisting of office space on the main level and showroom with lunchroom on the second floor. Conveniently located near Costco, Downtown Los Angeles, and major transportation corridors including Interstates 10 and 710, offering excellent access for distribution and operations

313 S Raymond Avenue, Alhambra

$1,625,000
AR25278569 MLS
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

$4,888,888
DW25256303 MLS
Exclusive Commercial Investment Opportunity – 1048 S. Garfield Ave, Alhambra, CA - 20 Restrooms - 8 Suites We are proud to exclusively present an exceptional commercial investment opportunity located at 1048 S. Garfield Avenue in Alhambra, California. This impressive 11,000 sq. ft. medical office building features 8 spacious suites, currently utilized as medical offices, and has been meticulously maintained by a long-time owner-user. The property offers 37 parking spaces, including 2 ADA-accessible spots and a 5-car VIP garage, ensuring convenience and accessibility for both tenants and visitors. Positioned in a prime, high-traffic area in the heart of Alhambra, this property benefits from excellent visibility and easy access to major thoroughfares. The combination of its strategic location, stable tenant profile, and long-term ownership makes it a rare investment opportunity offering both immediate income potential and long-term capital appreciation. Don’t miss your chance to acquire this commercial investment gem in one of the San Gabriel Valley’s most desirable business corridors.

1048 S Garfield, Alhambra

Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.