$2,500,000
About this home
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.
Facts & features
- Laundry
- Laundry Room
- Levels
- Two
- Lot size
- 0.165 acres (7,168 sq ft)
- Pool
- None
- Year built
- 1951
- Parking spaces
- 8
- Area
- 601 - Alhambra
- County
- Los Angeles
- Community features
- Urban
- Status
- Active
- Property type
- Apartment
- Days on market
- 85
- Listed
- 2026-02-11
- Original price
- $2,690,000
- Terms
- Cash, Cash To New Loan
- Parcel #
- 5343006001
- MLS #
- AR26030880
