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40-Bedroom Residential Income - 1010 S Atlantic Boulevard, Alhambra, CA

$5,780,000

1010 S Atlantic Boulevard, Alhambra, CA

MLS# 26649001

1010 S Atlantic Boulevard, Alhambra, CA 91803 - $5,780,000 · 40 bd 20 ba Multi-Family Home for Sale, photo 1 1010 S Atlantic Boulevard, Alhambra, CA 91803 - $5,780,000 · 40 bd 20 ba Multi-Family Home for Sale, photo 2 1010 S Atlantic Boulevard, Alhambra, CA 91803 - $5,780,000 · 40 bd 20 ba Multi-Family Home for Sale, photo 3 1010 S Atlantic Boulevard, Alhambra, CA 91803 - $5,780,000 · 40 bd 20 ba Multi-Family Home for Sale, photo 4 1010 S Atlantic Boulevard, Alhambra, CA 91803 - $5,780,000 · 40 bd 20 ba Multi-Family Home for Sale, photo 5
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Description

RIA and Compass are pleased to offer for sale a well-located 20-unit courtyard-style apartment community in the City of Alhambra, just north of Valley Blvd. The property features spacious units with a desirable mix of 5 - 3Bed+1.5bath, 4 - 2Bed+1.5bath, 8 - 2Bed+1bath, 2 - 1Bed+1bath units and studio appealing to long-term tenants and supporting strong, stable occupancy. The classic courtyard design creates a welcoming, community-oriented feel with a fountain water feature and strong curb appeal. Solid in place rents offer an investor nearly a 5% cap on a well-maintained property. A major highlight of the property is the 37 on-site parking spaces and an enclosed 2-car garage that can used for storage or parking. Seismic retrofitting of the tuck under soft-story parking has been completed. The ample parking, combined with the efficient layout and strong unit mix, positions this asset as a compelling long-term hold or value-add investment. On-site laundry room and the community courtyard vibe add to the appeal for the residents.There are no city specific rent control laws and benefits from falling under California AB1482 rent guidelines/limitations. Situated in a sought-after Alhambra location near shopping, dining, transit, and major employment centers, the property benefits from consistent rental demand and strong market fundamentals. This is a rare opportunity to acquire a well-sized, professionally appealing multifamily asset in one of the San Gabriel Valley's most reliable rental markets. Email for OM package or call with specific questions. PLEASE DO NOT DISTURB ANY TENANTS.

Property details

Bedrooms
40
Bathrooms
20
Square feet
19,612
Year built
1968
Property type
Residential Income
Lot size
26,722 sqft

Location

1010 S Atlantic Boulevard • Alhambra, CA 91803

More homes for sale and rent in Alhambra, CA →

Listing Agent

Alexander Metaxas

DRE #: 01784652

Brokerage: Realty Investment Advisors, Inc.

Bo Hyeok Kim

Co-Listing Agent

DRE #: 01968218

Brokerage: Compass

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CRMLS

MLS# 26649001

Listed: 2/7/2026 1:51 PM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/12/2026 7:18 AM. 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 deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Realty Investment Advisors, Inc.

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Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

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