$2,500,000
 $13,421 est/mo Sourced by Back At You

1515 W Commonwealth Avenue,Alhambra, CA 91803

Alhambra, CA 91803

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Description

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.

Details

MLS #AR26030880
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1951
Days On Site192
Listing Provided ByEXP REALTY | Donald La

Features

SQ Feet6,392
Garage7
Story(s)2
Units8
Building(s)1
Acreage0.16

Exterior

Lot FeaturesZero To One Unit Acre

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesUrban

Area Information

StateCA
CountyLos Angeles
CityAlhambra
Zip Code91803
Area601 Alhambra
Listing VS Median (in 91803)
Price:
$2,500,000
low | high
Med:
$1,699,450
82.022% of Average
sqft:
6,392
low | high
Med:
3,177
100% of Average
$ / sqft:
$391
low | high
Med:
$618
7.928924432028% of Average
On site:
192
low | high
Med:
151.5
100% of Average
Sourced by Back At You

Market Activity 91803

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyLos Angeles
CityAlhambra
Zip Code91803
Area601 Alhambra
Listing VS Median (in 91803)
Price:
$2,500,000
low | high
Med:
$1,699,450
82.022% of Average
sqft:
6,392
low | high
Med:
3,177
100% of Average
$ / sqft:
$391
low | high
Med:
$618
7.928924432028% of Average
On site:
192
low | high
Med:
151.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.875M - $3.125M
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
241 S Curtis Avenue Property Photo 1
$2,595,000
241 S Curtis Avenue
Alhambra, CA 91801
Listing Updated: August 21, 2026 at 10:55:20 PM PDT