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$2,250,000
PF26053998 MLS
Rare triplex opportunity in a prime Alhambra location directly across from Alhambra Park. The property features approximately 100 feet of frontage, offering excellent potential for future development or long-term investment. The unit mix consists of three 2-bedroom, 1-bath units (front, side, and top) along with a shared laundry area. The property also includes a spacious backyard, detached garage, workshop, storage room, and additional carport parking. Ideally located near the desirable North Alhambra neighborhoods, just south of Alhambra Road and minutes from South Pasadena, this property combines a sought-after location with strong upside potential.

513 N Palm Avenue, Alhambra
$2,500,000
AR26030880 MLS
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
$1,299,000
5 Beds ⋅ 3 Baths ⋅ PF26027127 MLS
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
$1,799,000
CV25241240 MLS
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

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.