Alhambra (601) Homes with Apartment Subtype

Welcome to Alhambra, California – a vibrant city nestled in the heart of Los Angeles County, where rich history meets modern living. Known for its diverse culture and welcoming community, Alhambra boasts a unique blend of urban conveniences and suburban charm. Just a stone's throw away from downtown Los Angeles, residents enjoy easy access to the bustling city while relishing the quaint atmosphere that Alhambra offers.

The real estate landscape in Alhambra is as diverse as its residents, featuring a variety of homes that cater to different lifestyles. Among the most sought-after properties are those with an apartment subtype, perfect for families, young professionals, or investors looking for rental opportunities. These homes often come with the added benefit of extra living space, providing flexibility for multi-generational living or the potential for rental income.

Alhambra’s homes with apartment subtypes typically feature spacious layouts, modern amenities, and proximity to local parks, schools, and shopping centers. The city is known for its excellent school district, making it an ideal place for families to settle down. Additionally, Alhambra is home to a plethora of dining and entertainment options, from trendy cafes to cultural festivals, ensuring there’s always something to explore.

Whether you’re looking to buy your first home, invest in a rental property, or simply enjoy the charm of Alhambra, this city offers a remarkable quality of life that is hard to beat. Come discover the perfect blend of comfort and convenience in Alhambra, where your dream home awaits!

Newest Alhambra (601) Homes with Apartment Subtype

$2,000,000

OC26227282 MLS ⋅ Active Status

Can be Sold Together or Separate from 1712 S 2nd St, Alhambra (7 Units). Contiguous building. We are pleased to present a multifamily investment opportunity located at 1706 S 2nd Street in Alhambra, California, within the desirable San Gabriel Valley region of Los Angeles County. Originally constructed in 1912, the property is situated along a tree-lined residential street in an established neighborhood. Historical marketing materials identify the property as part of a 10-unit apartment offering totaling approximately 4,312 square feet of rentable space across 13,500 square feet of land. The unit mix is made up of 1 Two-Bed Two-Bath, 4 One-Bed One Bath, and 5 Non-Conforming Studio units providing diverse housing options. There are 10 parking spaces. Strategically positioned in Alhambra, the property benefits from convenient access to Interstate 10, connecting residents to Downtown Los Angeles, Pasadena, California State University, Los Angeles, and major regional employment centers. The surrounding area features numerous shopping destinations, restaurants, schools, and recreational amenities, supporting the property's residential appeal. 1706 S 2nd Street presents an attractive opportunity to acquire a multifamily asset in an established Southern California market. Its desirable location, accessibility to major employment hubs, and proximity to everyday amenities provide a strong foundation for long-term investment stability.

1706 S 2nd Street, Alhambra

$1,800,000

OC26227301 MLS ⋅ Active Status

Can be Sold Together or Separate from 1706 S 2nd St, Alhambra (10 Units). Contiguous building. We are pleased to present the opportunity to acquire this 7 unit multifamily property located at 1712 S 2nd St in Alhambra, California. Built in 1949, the property consists of approximately 3,290 square feet situated on an 8,661-square-foot lot, featuring Two 2-Bed 1-Bath, Two 1-Bed 1-Bath, and Three Studio units. Located in the desirable San Gabriel Valley submarket of Los Angeles County, the property benefits from its proximity to established residential neighborhoods, retail amenities, and major employment centers. The property has 5 carports, plus street parking available. The property is home to approximately 53,381 residents with an average household income of $113,426. With approximately 62.6% of occupied housing units renter-occupied, the surrounding area demonstrates an established rental housing market. Residents benefit from convenient access to Valley Boulevard, Garfield Avenue, nearby schools, shopping, dining, and surrounding communities including Monterey Park, San Gabriel, and Pasadena. 1712 S 2nd St offers investors an opportunity to acquire an established multifamily asset in a supply-constrained Southern California market, supported by strong surrounding demographics, an established renter base, and a desirable San Gabriel Valley location.

1712 S 2nd Street, Alhambra

$3,500,000

WS26227803 MLS ⋅ Coming Soon Status

1815 S 4th, Alhambra

$2,500,000

CV26225129 MLS ⋅ Active Status

We are pleased to exclusively present a well-positioned multifamily investment opportunity at 2608 West Alhambra Road in Alhambra, California, offering stable in-place income in the highly sought-after San Gabriel Valley. The five-unit, single-building asset sits in a quiet, gated community minutes from Downtown Alhambra and is within easy reach of the 10, 710 and 60 Freeways, Cal State LA, the USC Health Sciences Campus and Pasadena. Built in 1987, the three-story building features two levels of residences over ground-level garages and sits on a ±7,900 square-foot lot with ±4,493 square feet of rentable area, averaging 899 square feet per unit across four 2-bedroom/2- bathroom units and one 3-bedroom/2-bathroom unit. Each residence features wood-like flooring, vertical blinds, central air conditioning, and an updated kitchen with abundant cabinet space, a refrigerator, a gas range and a range hood. The 2-bedroom floor plans offer en-suite bathrooms, large sliding closets are found throughout, and every home includes washer and dryer hookups. Common area features include controlled access, lush mature landscaping, a private balcony at the front entrance, and ground-level two-car garages supported by ample street parking. Condominium-style layouts appeal to long-term residents. 2608 West Alhambra Road is a stable income-producing asset in the San Gabriel Valley, well-positioned for long-term growth and capital appreciation. Whether you are a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.

2608 W Alhambra Road, Alhambra

$4,250,000

AR26218487 MLS ⋅ Active Under Contract Status

Owner for 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, the asset offers a clear path to stabilization at a very attractive 7.12% Proforma CAP Rate (SELF MANAGE). 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.

411 N Chapel, Alhambra

$2,675,000

SB26212492 MLS ⋅ Active Status

Please Ignore Low CAP rate & High GRM and go see this Building!!!! Major upside in rents and NO LA City or LA County RSO in the city of Alhambra! Some rents over 50% below market. Seller owned for 40 years.. Make this exceptional asset the trophy of your portfolio! Located in the thriving city of Alhambra, this pride-of-ownership 8-unit apartment complex offers an attractive combination of current income, future upside, and strong tenant amenities. The well-balanced unit mix includes four spacious 2-bedroom units, three 1-bedroom units, and a deluxe 3-bedroom, 2-bathroom unit. The property presents significant rental upside, with annual rent increases available, and is not subject to City of Los Angeles or County of Los Angeles rent-control ordinances. Residents enjoy an impressive array of amenities, including 11 covered parking spaces plus 5 additional open spaces, large private balconies and/or patios, and convenient on-site common-area laundry facilities. The property sits on an oversized 11,797-square-foot lot featuring lush landscaping and a welcoming residential setting. With potential cash flow at the list price, meaningful rental upside, attractive physical characteristics, and a desirable Alhambra location, this is an opportunity to acquire a well-maintained multifamily asset with both immediate appeal and long-term investment potential. A rare combination of pride of ownership, income potential, and location—this is an asset worth taking a closer look at. IMPORTANT NOTE: Buyer/agent to verify square footage (lot and units) and all MLS information. Broker and agent do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, rent control, or the information concerning the conditions, or features of the property. Buyer/agent are advised to independently verify the accuracy of all information.

326 N Stoneman, Alhambra

$2,680,000

AR26209200 MLS ⋅ Active Status

Prime Alhambra 6-unit investment opportunity! Ideally located just half a block from the vibrant Valley Blvd. and Garfield Ave. Corridor, this well-maintained multifamily property offers an excellent combination of location, condition, and long-term investment potential. Most units have been extensively remodeled, with additional improvements including a roof replaced in 2018 and newer central A/C systems. The property is currently fully occupied with long-term tenants and consistent rental performance. Residents enjoy convenient access to restaurants, shopping, banking, public transportation, and nearby schools. Easy freeway access connects the property to Downtown Los Angeles, USC Health Sciences Campus, Cal State LA, and major employment centers. A rare opportunity to acquire a 6-unit property in a convenient and highly sought-after Alhambra location.

1512 S 3rd Street, Alhambra

$1,450,000

CV26192417 MLS ⋅ Active Status

Constructed in 1951, the property sits on a ±6,250 square-foot lot with a total building size of ±3,125 square feet. Positioned at the intersection of South Bushnell Avenue in central Alhambra, the property benefits from immediate proximity to Valley Boulevard and Fremont Avenue, two of the area's primary retail corridors. The location offers exceptional connectivity, with convenient access to the 10 and 710 Freeways, and is minutes from Cal State University, Los Angeles and approximately 8 miles from Downtown Los Angeles. Neighboring cities include Monterey Park, San Gabriel, and Temple City. The property features an ideal unit mix of two 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units, averaging 781 square feet per unit. Each residence has been thoughtfully updated and features renovated interiors with fully equipped kitchens, updated cabinetry, tile flooring, recessed lighting, upgraded bathroom sinks and showers, split air conditioning units, laminate wood flooring, and vertical blinds. On-site covered parking is available for all residents with ample street parking. The property presents a well-maintained exterior with newer exterior paint and mature, lush landscaping throughout. 221 S Bushnell Avenue is a well-maintained, income-producing fourplex located in one of the San Gabriel Valley's most desirable residential submarkets.

221 S Bushnell Avenue, Alhambra

$2,595,000

WS26181317 MLS ⋅ Active Status

Five units well maintained apartment complex located in super convenient location in the City of Alhambra. Close to Alhambra Shopping Plaza, Main Street, Costco, City Hall, schools, markets, restaurants etc. Easy access to Freeway 10 and Freeway 101. Front unit is four bedrooms, two and half baths, 1498 SF according to appraiser with two car garage. One unit is two bedrooms, two and half baths, 1147 SF according to appraiser. Other three units are two bedrooms and two baths, 1020 SF, 950 SF and 886 SF according to appraiser. The building is separately metered for electricity and gas. Majority of the tenants are long term residents, room to increase rent. Alhambra city does not have local city rent control ordinance. Buyer/agent to verify square footage (lot and units) and all MLS information. Broker and agent do not represent or guarantee accuracy of the square footage, bedrooms/bathrooms count, lot size or lot lines/dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, rent control, or the information concerning the conditions, or features of the property. Buyer/agent are advised to independently verify the accuracy of all information.

241 S Curtis Avenue, Alhambra

$2,045,000

WS26181147 MLS ⋅ Active Status

Five units well maintained apartment complex located in prime area of North Alhambra. Walking distance to many restaurants, stores. Neighborhood markets include 99 Ranch Market, Sprouts Farmers market and Alhambra Farmers Market. Located in extremely strong rental market of West San Gabriel Valley. Front unit is like a SFR, three bedrooms, two baths with 1652 SF. Back building is two one bedroom, one bath and two studios. Majority of the tenants are long term residents, room to increase to increase rent. Alhambra city does not have local city rent control ordinance. Buyer/agent to verify square footage (lot and units) and all MLS information. Broker and agent do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, rent control, or the information concerning the conditions, or features of the property. Buyer/agent are advised to independently verify the accuracy of all information.

320 N Stoneman Avenue, Alhambra

$2,275,000

PW26132504 MLS ⋅ Active Status

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.

333 N Chapel Avenue, Alhambra

$2,500,000

AR26030880 MLS ⋅ Active Status

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.

1515 W Commonwealth Avenue, Alhambra

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Alhambra (601) Homes with Apartment Subtype

Newest Alhambra (601) Homes with Apartment Subtype

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