$2,875,000
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1515 Commonwealth Avenue Alhambra, CA 91803
Apartment
Residence
Beds
Baths
...
Bed/Bath
6,392
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
A rare opportunity in Alhambra, CA! This 8-unit apartment property, on the market for the first time 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 four... 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.
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MLS#
WS25000910
Property Type
Apartment
Year Built
1951
Square Feet
6,392
sq. ft
Lot Size
0.16
Stories
2.0
Sewer
Public Sewer
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