$2,500,000
For Sale by Owner
Listed 5 months ago

3BR Multi-Family for Sale in Alhambra, CA

1515 W Commonwealth Ave, Alhambra, CA 91803
3 Beds
2 Bath
Built 1951
PropSlick Verified Data Key facts & insights for this exact address
1951
Year Built
7,170 sf
Lot Size
7
Garage Spaces
Los Angeles
County

Key Facts

Property TypeMulti-Family
Year Built1951
Lot Size7,170 sq ft
Garage Spaces7

Property Description

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.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Washer/Dryer

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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