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$2,500,000

FOR SALE
Active

1515 W Commonwealth Avenue

Alhambra, CA

MLS# AR26030880

Apartment
268 days on marketNalren refreshed

Listing Agent

Donald La

Listing Agent

EXP REALTY

DRE #: 01928418

(626) 824-8853

Brokerage: EXP REALTY

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1951

Year Built

7,168 sqft

Lot Size

N/A

Price/Sq Ft

7

Garage Spaces

N/A

HOA

Apartment

Property Type

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.

Facts & Features

Interior

Laundry Features
Laundry Room

Exterior

Private Pool
No
Lot Features
0–1 Acre Lot

Building

Year Built
1951
Building Area Total
6,392
Levels
Two
Stories Total
2

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
7
Parking Total
8

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