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.
Fantastic location, close to the San Bernardino Freeway, stores, churches and walking distance to transportation. Recent upgrade, to electrical system, replacement of roof on both the apartment building and garages. Installation of new staircase. Check the potential to increase rents and turning garages into Adu's. Buyer to independently verify and satisfy themselves with ALL MLS information, incl. but not limited to lot/tract codes, permits, bed/bath counts, and square footage through their own research, inspection, or with appropriate professionals.
*** 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.
Beautiful duplex opportunity in the desirable Ramona Acres neighborhood of Alhambra featuring two separate homes on a large 10,001 SF lot with excellent income and multi-generational living potential. Ideal for investors or owner-occupants looking to live in one unit and rent the other for additional income. The front home, built in 1929, offers 2 bedrooms and 1 bathroom with a functional layout, remodeled kitchen and bathroom, and a convenient laundry area located off the kitchen side entrance. The rear home, built in 1971, is freshly painted and features 3 bedrooms and 2 bathrooms, plus a spacious living room, separate family room, and dedicated laundry room, providing comfortable and flexible living space. Additional property highlights include a long driveway, detached two-car garage, and durable brick walls along the sides of the property for added privacy and security. The expansive lot may offer potential to add up to two ADUs (buyer to verify with city), creating even greater value and future income possibilities. Each house has its own address and separate water meter. Conveniently located north of the 10 Freeway with easy access to Downtown Los Angeles, freeways, shopping, dining, markets, and entertainment. Situated within the highly regarded school district including Mark Keppel High School, a California Distinguished School. A rare Alhambra duplex opportunity with strong rental potential, flexible living options, and future development possibilities.
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.
Excellent opportunity to own two detached homes on one lot in a desirable Alhambra location. This property offers strong income potential and flexible use options. It is a great fit for investors, owner-users, extended families, or buyers who want to live in one home and rent out the other. The front residence features approximately 1,291 sq ft with 3 bedrooms and 1 bathroom. It offers a bright and inviting living room, a formal dining room, and a spacious updated kitchen. The home has a comfortable single-level layout and a pleasant garden setting. Recent improvements include updated kitchen finishes, dual-pane windows, central heating and air conditioning, and other practical upgrades that support both everyday living and long-term rental appeal. The rear home is a newer ADU built in 2018. It offers approximately 1,200 sq ft with 3 bedrooms and 2 bathrooms. The ADU has its own private setting and convenient alley access, with a detached two-car garage on site. This creates added privacy, easy entry, and strong rental appeal. It is well suited for tenants, extended family, guests, or additional income. Prime Alhambra Location! The property sits on a spacious lot and includes two separate living spaces with great rental and owner-use potential. It is close to supermarkets, local schools, parks, banks, restaurants, popular dining, cafés, and major transportation routes. Easy access to the I-10 and I-710 freeways makes commuting simple and convenient. A rare chance to own two detached homes in one of Alhambra’s most convenient and sought-after neighborhoods.
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.
1305-1307 GREAT INVESTMENT OPPORTUNITIES- Well-maintained Duplex featuring strong rental income and upside potential in ALHAMBRA. The front unit is currently tenant-occupied. Both unit combine prospect are generating $4770 per month with stable cash flow. The back unit offers 2 bedrooms and 1.5 bathrooms and has been fully remodeled, including a new KITCHEN, updated bathrooms, new flooring upgraded window and doors, new appliances and fresh interior and exterior paint. Property includes a detached 2 CAR garage with storage and a private backyard patio with potential for expansion. Conveniently located near shopping, parks, schools, and major transportation routes, making it highly attractive to tenants. Ideal for investors seeking immediate income with long-term appreciation potential or owner-users looking to offset mortgage with rental income. 1307 is available to show before 8:00 PM any day. 1305 is tenant occupied and showed 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.
First Time for Sale in 32 years - Prime 14-unit north Alhambra Value-add Opportunity - NO Local Rent Control Walk to Downtown Alhambra South Pasadena + San Marino Adjacent Superb Demographics Outstanding Unit Mix. 411 N Chapel Ave., a prime 14-unit value-add apartment community in highly sought-after North Alhambra (NO Local Rent Control). Offered for the first time in 32 years, this property sits just steps from the vibrant dining and entertainment of Downtown Alhambra and across from the popular Story Park. Bordering the premium communities of San Marino and South Pasadena, the location offers tenants unparalleled access to major retail centers, excellent schools, and key transit corridors (I-10 and I-110). This garden-style community provides investors with a straightforward value-add opportunity that is easy to manage and ready to be taken to the next level. Surrounded by newer townhouse subdivisions that provide a strong home-ownership atmosphere, the property features a stable base of long-term tenants. With no local rent control restrictions and almost all units due or about due for immediate 8% rent increases, the asset offers a clear path to stabilization at a very attractive 6.80% Proforma CAP Rate. The property is a two-story garden style apartment that was built in 1963. It has a large building size of ±13,744 SF which translates to large average unit size of ±980 SF/unit. It is on a large ±16,018 SF lot crossing Alhambra Rd. It has an excellent unit mix of one (1) x large 3bed+1.5bath, three (3) x 2bed+1.5bath, six (6) x 2bed+1bath, and four (4) x 1bed+1bath units. Each unit has through the wall A/C, radiant heating, plenty of linen cabinets, ceiling fans, dining area, and so much more. Recent capital improvements including New electrical subpanels in each unit. The property has a total of 21 parking spaces (18 covered + 2 open + 1 tandem). There is no parking soft story retrofit requirement in Alhambra. Each unit is separately metered for electricity (all electric units). There is a shared laundry room (laundry leased) and 2 master gas water heaters. The property has 1 gas meter for the laundry and water heaters. The property is strategically located in the north Alhambra area, considered to be one of the best locations in Alhambra. This area is adjacent to the City of South Pasadena and City of San Marino. The property is within walking distance to Costco, Target, and minutes away from Downtown Alhambra.
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.
Trust Sale. Excellent investment opportunity featuring two detached homes on one lot with strong income potential. The front unit (1820) is approximately 1,355 sq ft and offers 3 bedrooms and 1 bathroom, with a spacious floor plan that includes a living room with decorative fireplace, hardwood flooring, and a large bathroom with separate tub and shower. Additional features include a dining room, kitchen with adjoining breakfast area, a dedicated laundry room, central air and heat and a two-car detached garage. The rear unit (1822) is a separate 942 sq ft with 2 bedrooms, 1 bathroom home with its own dining area, kitchen with laundry hookups, AC wall unit and a private backyard, providing outdoor space for the tenant. Ideal for investors or owner-users seeking immediate rental income, with additional potential to enhance value through updates and rent optimization. Located in a strong rental market with excellent upside.
** 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 with one washer & one dryer (laundry machines are 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.
Probate Sale! Estate of Sylvia Seville. ALL CASH SALE! Buyer must provide 10% Cashiers Check payable to the ESTATE OF SYLVIA SEVILLE and Proof of Funds! This property is subject to confirmation and overbidding, the listing price is the minimum overbid, court date and time is June 2nd, 2026 at 8:30 AM in Dept 600 at 111 N Hill Street, Los Angeles CA 90012. This 11 bed; 9 bath Multi-Family built in 1961 features +/-6,626 Sq Ft of living space, +/-12,473 Sq Ft lot, APN: 5321-021-034. This Property is offered together with improvements thereon as is, where is, with no warranty expressed or implied.
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.
Wonderful Triplex located in the highly desirable Alhambra Hills neighborhood. Two units are fronting Westmont Street and the third unit is fronting Hampden Terrace. The unit on Hampden Terrace is a two bedroom / one bath unit and can be occupied by an owner or tenant. The sellers have left the owners unit vacant in case a buyer is looking to occupy the unit. Additionally, the unit on Hampden Terrace has a separate unit which could be permitted as a Jr ADU. The square footage is permitted and has as separate bathroom as well. Thus , you can possibly end up with a 4 unit property. ( Check with the City of Alhambra Building and Planning Departments) The property features a large open common area in between the units, separate gas and electric meters and garages. There is plenty of on site parking and a laundry room. The Owners unit on Hampden Terrace has a solar system which is paid for. All units are 2 bedroom / 1 bath. The two units on Westmont have long term stable residents.
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.
Welcome to this lovely triplex in Alhambra consisting of one main house, plus two separate units above a 5 car garage. This Spanish style home with lots of original charm offers different types of opportunity, perfect for investors or extended families. A new roof was installed on the rear 2 units and garage building in 2025. The property is well located with extremely convenient access to the 10, 210 and 710 freeways. The driveway has been recently painted, and landscaping has been recently upgraded. This property is a great choice for both investors or owners who wish to live in one and rent out the others. Drive by only. You can walk on the property but please do not disturb tenants or enter any unit. Long term tenants, occupying for over 10 years.
Excellent investment opportunity strategically located to Los Angeles and Pasadena. This charming and pristine duplex feature two distinct residences with their own separate backyards and an enclosed four car garage with 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.
