1605 S Atlantic Boulevard, Alhambra, CA 91803 - MLS#OC25026504

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 3,200,000

Est. payment | -/mo

4 Beds

4 Baths

Save

$ 3,200,000

Est. payment | -/mo

Save

4 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25026504

Bedrooms 4

Property Sub-Type Res Income 2-4 Units

Property Description

Rare 8-Unit Investment Opportunity in Prime Alhambra with Development Potential This exceptional multifamily property consists of two side-by-side parcels totaling 22,978 square feet in the highly desirable Residential High Density (RH) zone of Alhambra. Featuring eight fully occupied units with a combined 6,415 square feet of living space, this asset offers a diverse mix of rental options, including a studio, two 1-bed/1-bath duplexes, an upstairs two-bedroom unit, and two detached single-family homesone of which is a three-bedroom with a basement and private fenced yard. Most units are equipped with in-unit laundry, with the exception of the studio and the upstairs unit, which share a laundry room downstairs. The property includes ample on-site parking, featuring five standalone single-car garages, a two-car garage with an attached studio and upper unit, a carport, and additional off-alley and street parking. The buildings have been well-maintained, and all units are currently rented with no outstanding balances, reflecting strong tenant retention and minimal vacancies. Ideally situated near Pasadena, San Marino, and San Gabriel, this property offers easy access to major freeways, public transportation, top-rated restaurants, entertainment, Dodger Stadium, Hollywood, golf courses, Downtown Los Angeles, Santa Anita, The Rose Bowl, USC, UCLA, Cal State LA, and an array of retail shops and parks. With its prime RH zoning designation, this property allows for a density of 43 units per acre, a maximum building height of 45 feet, and up to five stories, presenting significant r

Location

State CA

County Los Angeles

Zoning Assessor

Direction From I-10 exit Atlantic Blvd. traveling North. Property will be on left side just before reaching Norwood

Interior

Fireplace No

Exterior

View Y/N No

Roof Type Tile/Clay

Building

Story 2

Level or Stories 2

Others

Tax ID 5356016043

Listed by Andrew Homs H & M Realty Group

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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1605 S Atlantic Boulevard Alhambra, CA 91803