30
See all 30 photos
$3,400,000
Est. payment /mo
0.52 Acres Lot
Active
1605 S Atlantic BLD Alhambra, CA 91803
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UPDATED:
02/13/2025 01:45 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25026504
Originating Board California Regional MLS
Year Built 1947
Lot Size 0.524 Acres
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 homes-one 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,
Location
State CA
County Los Angeles
Area 601 - Alhambra
Interior
Laundry Other
Exterior
Parking Features Carport , Garage, Off-Street Parking
Garage Spaces 9.0
Pool 31, None
Roof Type Tile
Building
Water District - Public
Others
Tax ID 5356016043
Special Listing Condition Not Applicable
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Listed by Andrew Homs • H & M Realty Group