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For SaleLuxury

$2,500,000

7,170 sqft$349/sqft268 days on market

1515 W Commonwealth Avenue

Alhambra, CA 91803

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

7,170

Square feet

1951

Built

Listing narrative

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 agent (MLS): Donald La · Listing brokerage (MLS): EXP REALTY

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,500,000

Beds

Beds n/a

Type

Condo

Home Size

7,170 sqft

Baths

Baths n/a

Lot Size

0.16 acres

Year

1951

Status

For Sale

Days on Market

268

$ / Sqft

$349

· 8% down, 7% APR, 30yr fixed
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Courtesy of EXP REALTY