1515 W Commonwealth Avenue, Alhambra, CA 91803
List Price: $2.5M
Listing Status: Active
Original List Price: $2.69M
0Days on Market: 85
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1951
Lot Size: 7,168 sq ft
Garage Spaces: 7
Private Pool: Yes
MLS Number: AR26030880
About This Property
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 provided by: Donald La DRE #01928418 626-888-2995 donald@atlasgrouprealty.com, EXP REALTY
Source: CRMLS, MLS #: AR26030880
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.
Location
1515 W Commonwealth Avenue, Alhambra, CA 91803Coordinates: 34.087716°N, -118.14028°W
Presented by Belmont Brokerage Inc.
California Real Estate Brokerage — DRE #02431308
Phone: (818) 967-6311
Website: bbandm.com
View full listing: bbandm.com/property/CA/alhambra/1515-w-commonwealth-avenue/1152846523