Positioned in a prime rental corridor in the San Gabriel Valley, this rarely available North Alhambra triplex offers a prime investment opportunity in a consistently top-performing area. The property is configured for efficiency and ease of use, featuring a versatile unit mix of two (2) 1-bed/1-bath units, one (1) 2-bed/1-bath unit, and a detached rear carport for convenient on-site parking. Its strategic location offers residents immediate access to essential services, local schools, and major transit corridors, ensuring significant commuter utility. It is also within walking distance of high-traffic retail & dining staples, including Ralphs & In-N-Out, which serves as a major draw for tenant retention and continues to bolster the area's long-term desirability. With its proven profile and exceptional location, this 3-unit multifamily is a must-have for any investor looking to secure a foothold in this high-barrier-to-entry market. With a proven track record of full occupancy & a competitive price point relative to its surroundings, the asset is perfectly positioned for long-term appreciation within this supply-constrained market. This triplex presents a unique opportunity for both owner-user & seasoned investor to to capitalize on a resilient asset in a high-demand market.
Exceptional investment opportunity to own a fully updated five-unit income property with multiple value-add features and excellent cash-flow potential. In addition to the five residential units, the property includes a community laundry room providing additional income and a bonus studio with its own bathroom, currently used as storage but offering flexibility for a variety of uses. The unit mix consists of two spacious 3-bedroom, 2-bathroom units, each featuring a primary suite with its own private bathroom and walk-in closet, along with generously sized secondary bedrooms. A third unit offers 2 bedrooms plus a den that can easily serve as a third bedroom, along with one full bathroom. The remaining two units each feature 1 bedroom and 1 bathroom. All units have been tastefully updated and offer private laundry hookups, vinyl flooring, abundant natural light, granite countertops, remodeled kitchens and bathrooms, and individual wall heating and cooling units. The property also features a gated entrance and a total of nine parking spaces, providing convenience and privacy for residents. Centrally located near public transportation, parks, shopping centers, schools, and major freeways, this prime location offers easy access to Pasadena, San Marino, and Downtown Los Angeles. Whether you are a seasoned investor or looking to expand your portfolio, this turnkey property presents an outstanding opportunity to own a well-maintained asset in a highly desirable and convenient location with strong income potential.
Classic Charm Meets Smart Investment in the Heart of Alhambra! Welcome to 329 N Chapel Avenue, a delightful 1924 triplex bursting with timeless character and incredible upside! This three-unit gem offers 2,111 square feet of living space on a generous 7,839-square-foot lot, all nestled in one of the San Gabriel Valley's most beloved and walkable neighborhoods.Tucked into Alhambra, affectionately known as the 'City of Homes' and the 'Gateway to the San Gabriel Valley', this property puts you just 10 to 15 minutes from the energy of Downtown Los Angeles while keeping that warm, community feel.Walk out your front door and into Story Park, across the street, or stroll over to nearby Almansor Park for green space, walking paths, and sunshine, or explore bustling Main Street with its movie theaters, local shops, and Alhambra's celebrated food scene (yes, including the original 'The Hat' and its legendary pastrami!).Investors and owner-occupants, take note: with three separate units and triplex zoning, this is a fantastic opportunity to generate rental income, house-hack, or build long-term wealth. Comparable triplexes in the area have recently sold from $825,000 all the way up to $1.5 million -- putting this charming property right in the sweet spot of one of LA County's most in-demand rental markets.Vintage 1924 character, an unbeatable location, and real income potential, 329 N Chapel Ave is ready to welcome its next savvy owner. Come see what makes Alhambra living so special!
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!
Investor Opportunity! Located in a desirable Alhambra neighborhood/ Granada Park Tract, this 3-bedroom, 1-bath home offers approximately 1,062 square feet of living space situated on a generous 6,501 square foot lot. In mostly original condition, the property presents an opportunity for future improvements and value enhancement. Spacious lot offers potential for expansion or possible ADU opportunities (buyer to verify with city). Property is being sold tenant occupied, with occupants currently in place after close of escrow, presenting an opportunity for investors seeking immediate rental income and long-term upside potential. Conveniently located near Downtown Alhambra, Main Street dining and shopping, Costco, parks, California State University Los Angeles, and offering easy access to the 10 and 710 freeways. Buyers to independently verify all property information, development possibilities, school enrollment, and tenant-related matter
Rare opportunity to acquire a fully occupied 6-unit apartment property in Alhambra adjacent to Cal State LA. Built in 1956, the property features six 1-bedroom/1-bath units, covered carport parking, stable long-term tenancy, and good market rental upside. Excellent San Gabriel Valley location with convenient access to the I-10, I-710, Downtown Los Angeles, Pasadena, and major employment centers.
Drive by only. Please do not disturb tenants.SOLD AS-IS.First time on the market since 1978!
Long-term ownership since 1974 presents the opportunity to acquire a well-maintained 13-unit apartment property located in the desirable Midwick Park / Alhambra Hills neighborhood of Alhambra. The property features an attractive unit mix, recent capital improvements including newer roof and electrical panels, 11 carports, on-site storage, and strong long-term tenancy. Excellent San Gabriel Valley location near Cal State LA, Downtown Alhambra amenities, and the I-10 Freeway. Approximately 10%+ rental upside with stable in-place income.
DUPLEX 305 and 307 E Hellman Ave Front house 3 bedrooms & 2 bathrooms, back unit 1 bedroom & 1 bathroom located on top of the garage Located within the Highly Desirable and High Performing Alhambra School District, Mark Keppel High School is close by. The front house is nicely set away from the street with a long drive that leads to the back unit and garage. Inside you will find a beautiful home with an excellent floor plan. Plenty of natural light throughout with gorgeous engineered wood flooring in the living room, dining area, & bedrooms, and classic timeless tile flooring in the kitchen. The primary suite features a primary bathroom with updated fixtures and shower tiles. The hallway bathroom has also been updated. The 1 bedroom 1 bathroom unit is very cozy with it's own living room, kitchenette, dining area, full bathroom, and nice size bedroom. Too many features to list must see to appreciate ! Prime location with immediate access to the 10 Freeway, Valley Blvd is just north of the property and Garvey Ave is just south of the property. There are plenty of restaurants, markets, shops, and amenities on Valley Blvd & Garvey Ave.
201-203 S. Meridian Ave offers a rare opportunity to acquire a well-maintained duplex in the heart of Alhambra, available for the first time in over 30 years. This pride-of-ownership property has been carefully preserved, making it an excellent option for investors seeking stable income with future upside.The asset features two spacious 2-bedroom, 1-bathroom units, each approximately 1,000square feet. Both units offer functional layouts with comfortable living areas and ample natural light. They are separately metered for gas and electricity, allowing for efficient expense management and reduced landlord overhead. Situated on a 6,222 square foot lot with R-2 zoning, the property includes garage parking, adding convenience and tenant appeal. The zoning may also present potential for future development or expansion (buyer to verify).Centrally located, the property is just minutes from major retail destinations like Costco andTarget, as well as the dining and shopping options in Downtown Alhambra. The location supports strong rental demand due to its accessibility and neighborhood amenities.With current rents below market levels, there is clear upside potential for increased income over time. This makes 201-203 S. Meridian Ave a solid investment opportunity combining reliable tenancy, a desirable location, and room for growth.
*** Excellent Location. *** Large Lot. Nearby California State University Los Angeles and Downtown LA. Decent Great Single family Residence surrounding areas. Easy to access Freeway 10. Two four-plex buildings, total 8 x 2 bed/1 bath units plus 4 Double Car Garages and Plenty parking space. Individual water heater in the unit. There are Laundry Hook up for Each Unit. Fully occupied. Rare opportunity for Investor. The property provides immediate stability while offering tremendous value-add potential for future ownership. Drive By Only ! Do not Disturb Tenants.
Charming Alhambra duplex opportunity in a desirable residential neighborhood. 301 W Adams Ave offers excellent flexibility for an owner-user, investor, or multi-generational living setup. Situated on a generous lot, this property features classic character, functional living spaces, and strong upside potential. Whether you are looking to live in one unit and rent the other, add to your income property portfolio, or explore future value-add possibilities, this property presents a rare opportunity in a prime Alhambra location. Conveniently located near local shopping, dining, schools, parks, public transportation, and major commuter routes, this property offers both everyday convenience and long-term rental appeal. Buyer to verify all permits, square footage, zoning, use, and development potential. Front house has a 3rd, unpermitted bedroom.
Welcome to this lovely duplex in Alhambra consisting of one main house, plus a separate units with own garage. This Spanish style home with lots of original charm offers different types of opportunity, perfect for investors or extended families. The property is well located with extremely convenient access to the 10, 210 and 710 freeways. This property is a great choice for both investors or owners who wish to live in one and rent out the others.
66 Hampden Terrace is a charming & spacious duplex located in the quiet residential neighborhood of Sierra Vista within Alhambra, just moments from downtown. Built in 1930, the property is an ideal opportunity for both investors and owner-occupiers, with meaningful rental upside and townhome-style units with plenty of private outdoor space. The property totals approximately 2,278 square feet on an 8,389 square foot lot and consists of (2) 2BD/1.5BA two-story townhome-style units averaging 1,139 square feet each. Each unit features a private backyard, balcony terrace, in-unit washers and dryers, and a dedicated 1-car garage. Current rents are approximately 34% below market, and the property is separately metered for gas and electricity. ADU potential in the garages provides a future avenue for additional income (Buyer to Verify). Exterior concrete and stucco work were recently completed in 2026. With close proximity to Alhambra's Main Street corridor, the property benefits from strong walkability and a revitalizing downtown. The area is seeing significant new investment, including a proposed 322-unit mixed-use development along Alhambra Boulevard and The Villages project targeting over 1,000 new homes on the city's west side. The property's proximity to Alhambra High School and its house-hack friendly layout make it a compelling acquisition for owner-occupiers and investors alike.
Freshly painted exterior!! Take another look! Prime Alhambra duplex, just minutes from South Pasadena and San Marino, offers excellent income potential and versatility for investors or owner-occupants. The property includes three units: Unit 903 (1,351 sq. ft.) features a spacious living area, updated kitchen, oversized primary bedroom, and a large upstairs bonus room—ideal for a bedroom or office—with 1.5 bathrooms and in-unit laundry. Unit 901 N. 1st St. (approx. 855 sq. ft.) has an open layout, 1 bedroom, 1 bathroom, a walk-in closet (with potential for expansion), and indoor laundry. The unpermitted studio (903-1/2), attached to the garage, is 409 sq.ft.(not included in total house sq.footage) with a 3/4 bath and access to the outdoor kitchen. Enjoy three income streams or flexible living/workspace options at exceptional value in this desirable location. The 6,500+ sq.ft. gated lot features an extra-long driveway and ample parking. Both main residences have separate electric and gas meters, leased solar panels, and share water and sewer. Located in the Alhambra school district and within walking distance of downtown Alhambra—offering great food, shops, services, and community events, including a certified farmer's market—this property delivers on location, functionality, and potential. With the right finishing touches, it's a rare investment opportunity in a sought-after neighborhood. Buyer to do their due diligence on all aspects of the property. DO NOT DISTURB TENANTS. SHOWN BY APPOINTMENT ONLY.
Located in the desirable area of Alhambra, this exceptional investment property at 713 S 8th Street offers both convenience and strong rental potential. Situated in a well-established neighborhood with easy access to shopping, dining, and transportation, the property features three separate units, each with 1 bedroom and 1 bathroom. The functional layouts make them highly attractive to tenants and easy to manage. Ideal for investors seeking steady rental income and long-term appreciation, this multi-unit property presents a rare opportunity in a high-demand rental market.
Positioned in a strong rental pocket of North Alhambra, adjacent to South Pasadena, this 4-unit property offers stable in-place income with a clear path to long-term upside. With 4 spacious 1-bedroom, 1-bath Units across two separate buildings, this property blends 1924 Spanish character with a comprehensive renovation completed in 2001. Each unit includes in-unit laundry, & the property offers 3 private garages plus additional driveway parking, amenities that support strong tenant demand & rental growth. Fully occupied with responsible, stable tenants, the property generates consistent income from day one. All units are fully occupied with month-to-month tenants, providing immediate income & flexibility for a new owner to adjust rents and optimize cash flow. This is an ideal opportunity for a long-term hold investor seeking a well-maintained asset with immediate and achievable income growth. The property has been consistently maintained, minimizing near-term capital expenditures while preserving future value-add potential. Located just minutes from South Pasadena, Alhambra Park, and a convenient Downtown Los Angeles commute, the property benefits from a highly desirable San Gabriel Valley location known for its strong and consistent rental demand. Investment Highlights: ~Current Gross Income: $7,300/month ($87,600/year). ~Pro Forma Potential: $9,000+/month ($108,000+/year). ~23% rental upside. ~Units with rent increase potential. ~Month-to-month tenants (operational flexibility). ~In-unit laundry in all units. ~3 garages + additional driveway parking.
** Call or Email for Offering Memorandum ** Pleased to exclusively present the opportunity to acquire 2005 & 2007 South Stoneman Avenue, a 9-unit multifamily investment property in the city of Alhambra, California. The property is conveniently located just south of the Interstate 10 Freeway and east of the Garfield Avenue on/off ramp, providing residents with easy commute to Downtown Los Angeles and to nearby cities within San Gabriel Valley. The property is situated in a quiet neighborhood that is mostly single-family residences. Constructed in 1960, the property consists of two contiguous parcels with a total of 0.26 acres (11,346 square feet) and a combined building area of 5,363 square feet. 2005 South Stoneman Avenue is a two-story fourplex featuring all one-bedroom/one-bathroom floor plans with four carport parking spaces. 2007 South Stoneman Avenue is a two-story 5-unit apartment complex consisting of four one-bedroom/one-bathroom floor plans and a two-bedroom/two-bathroom floor plan and offers six tuck-under parking spaces. Both buildings have pitched roofs, covered stairwells to the upstairs units, and a shared on-site laundry room(owned). Selected units have been upgraded with new double-pane windows, and all units offer wall-unit air conditioning. All units are individually metered for gas and electricity and have separate hot water heaters. The apartments have a superb central location that offers multiple supermarkets, diverse dining options, entertainment, schools, churches, and medical facilities within a two-mile radius. The property has a high probability to attract long term residents with its very walkable score of 79 to amenities such as Mark Keppel High School that is an 8-minute walk east of the property and Garfield Medical Center that is a 7-minute walk south of the property. The apartment is surrounded by popular shopping centers including Atlantic Times Square, The Marketplace, and San Gabriel Square that features 99 Ranch Market, AMC movie theater, Planet Fitness gym, & plenty of restaurants and cafes. To provide an active environment for its residents, the YMCA, Alhambra Golf Course, and Almansor Park are just a quick 8-minute drive north of the property. The park provides walking trails, tennis, basketball, baseball, and many organized family events, while the golf course offers leagues, tournaments, outings, and social events as well.
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.
Opportunity to purchase a 7 units multifamily investment property situated in a highly desirable pocket of Alhambra, in the heart of the San Gabriel Valley. The property benefits from exceptional accessibility to major thoroughfares including Valley Blvd and the I-10, I-710 and SR-60 freeways, placing residents within minutes of premier dining, retail, Cal State LA, and employment hubs throughout Alhambra, Monterey Park, and Downtown Los Angeles.The property has demonstrated stable in-place income with long-term tenants, offering investors immediate cash flow with the opportunity to organically increase rents to market over time. Currently there are three (3) vacant units, allowing investors to upgrade the units and lease up at premium market rent. Additionally, the layout and lot configuration may present ADU potential (buyer to verify), providing a clear path to further increase income and overall asset value.With a total building size of +/-4,046 SF sitting on a +/-8,919 SF lot, the asset consists of 7 well-maintained units with an efficient unit mix of six (6) 1 Bed / 1 Bath, and one (1) 2 Bed / 1 Bath. Each unit is thoughtfully designed and benefits from two (2) dedicated parking spaces (garage + driveway)--a rare and highly desirable amenity that significantly enhances tenant appeal and retention. The buildings are well-maintained featuring: wood and tile flooring, copper plumbing, private storage units, private patio (for the 2-bedroom unit). The onsite laundry room generates additional income.With its combination of prime location, strong rental fundamentals, parking-rich configuration, and future upside, 2745 S Fremont Ave represents an ideal acquisition for both seasoned investors and those seeking a stable long-term hold in a high-demand rental market.Note: Buyer to verify all information herein. Broker/Agent and Seller do not guarantee its accuracy.
Introducing an exceptional investment opportunity at 20 W Grand Ave, Alhambra, CA 91801. This 4,916 SF, 8-unit property, built in 1950, offers a prime location and a 100% occupancy rate. Recent upgrades include a new roof, new asphalt, and new exterior paint. This is a strong opportunity for discerning Multifamily/Low-Rise/Garden investors. With its solid rental history, this property promises a compelling return on investment. Don't miss your chance to capitalize on this high-performing asset in the sought-after Alhambra area.
Attention builders and investors, this is a rare opportunity to acquire an expansive lot of nearly 18,000 square feet in a prime downtown Alhambra location with exceptional future upside. THE PROPERTY IS LOCATED IN A RESIDENTIAL HIGH-DENSITY ZONE, ALLOWING THE POTENTIAL DEVELOPMENT OF UP TO 64 UNITS PER ACRE, UP TO 75 FEET IN HEIGHT, AND UP TO 6 STORIES (BUYER TO VERIFY).Ideally situated within walking distance to the Edwards Theater, restaurants, and shops along downtown Alhambra’s main street, the property offers both urban convenience and a peaceful neighborhood setting. Enjoy easy access to the 10 Freeway, Costco, and Home Depot. This gated community currently features two buildings with three total units, providing immediate rental income. Front house (209 Monterey): 2 bedrooms, 1 bathroom. Rear building (209½ Monterey): Two units, each with 1 bedroom and 1 bathroom. All three units were recently upgraded in 2026 and vacant for sale, making this a solid lease-now, build-later investment. Buyers are advised to verify zoning, development potential, and building requirements with the Alhambra Community Development Department or appropriate agencies.Motivated seller. Don’t miss this exceptional opportunity to secure a high-density development site in one of Alhambra’s most desirable locations.
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.
RIA and Compass are pleased to offer for sale a well-located 20-unit courtyard-style apartment community in the City of Alhambra, just north of Valley Blvd. The property features spacious units with a desirable mix of 5 - 3Bed+1.5bath, 4 - 2Bed+1.5bath, 8 - 2Bed+1bath, 2 - 1Bed+1bath units and studio appealing to long-term tenants and supporting strong, stable occupancy. The classic courtyard design creates a welcoming, community-oriented feel with a fountain water feature and strong curb appeal. Solid in place rents offer an investor nearly a 5% cap on a well-maintained property. A major highlight of the property is the 37 on-site parking spaces and an enclosed 2-car garage that can used for storage or parking. Seismic retrofitting of the tuck under soft-story parking has been completed. The ample parking, combined with the efficient layout and strong unit mix, positions this asset as a compelling long-term hold or value-add investment. On-site laundry room and the community courtyard vibe add to the appeal for the residents.There are no city specific rent control laws and benefits from falling under California AB1482 rent guidelines/limitations. Situated in a sought-after Alhambra location near shopping, dining, transit, and major employment centers, the property benefits from consistent rental demand and strong market fundamentals. This is a rare opportunity to acquire a well-sized, professionally appealing multifamily asset in one of the San Gabriel Valley's most reliable rental markets. Email for OM package or call with specific questions. PLEASE DO NOT DISTURB ANY TENANTS.
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.
Alhambra is located in California. Alhambra, California has a population of 83,174. Alhambra is less family-centric than the surrounding county with 27.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Alhambra, California is $73,035. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Alhambra is 41.2 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 46.7 degrees. The average rainfall is approximately 15.9 inches per year, with 0 inches of snow per year.
