N/A
Bedrooms
Sold for $1,460,000 · Oct 2026
SOLDListed at $1,799,000
Alhambra, CA
MLS# CV25241240
Stacy Dover
Listing Agent
Mystic Canyon Real Estate
DRE #: 01768476
Brokerage: Mystic Canyon Real Estate
N/A
Bedrooms
N/A
Bathrooms
4,422 sqft
Square Feet
1979
Year Built
6,615 sqft
Lot Size
$330
Price/Sq Ft
0
Garage Spaces
N/A
HOA
Apartment
Property Type
Prime 5-Unit Investment Opportunity | Alhambra, CA **Exceptional Income Property with Long-Term Upside** Positioned on a 6,615 sq. ft. lot in one of Alhambra’s most desirable and stable rental markets, this well-maintained five-unit apartment property presents an outstanding opportunity for investors seeking both immediate cash flow and future value-add potential. Ideally located north of the I-10 Freeway, the property benefits from excellent bus connectivity and convenient access to Metro and Metrolink transit, placing it within the type of transit-oriented location increasingly sought after by multifamily and redevelopment investors. The property comprises 4,422 sq. ft. of living space with 9 bedrooms and 9 bathrooms, including: Four 2-bedroom, 2-bath units One 1-bedroom, 1-bath unit All units are tenant occupied on month-to-month agreements, offering flexibility for future investment strategies. Each residence includes assigned on-site parking, and water and trash are currently included in the rent. Additional highlights include: Leased on-site laundry room providing some supplemental income Strong, established rental market Convenient access to Cal State LA, shopping, dining, Downtown Alhambra, Pasadena, and Downtown Los Angeles Excellent commuter location with nearby public transportation Pro forma rental projections reflecting market rates at the time of listing Potential for additional development or expansion (buyer to verify with the City of Alhambra) Whether you’re expanding an established portfolio or purchasing your first multifamily investment, this property offers a compelling combination of stable income, desirable location, and long-term appreciation potential. Investment opportunities offering this blend of location, income, and future upside are increasingly difficult to find in Los Angeles County.
Listing description from the October 2026 sale, as reported to CRMLS.
Earthquake data is shown from a real public source (USGS)
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1 recorded sale
1342 Edgewood sold for $1,460,000 in October 2026, 19% under its $1,799,000 list price, after 319 days on the market. Across 62 closed sales in 91803 over the last 12 months, the median sold price is $1,000,000 and the median is $631 per square foot.
| Quarter | Closed sales in 91803 | Median sold price |
|---|---|---|
| Q1 2026 | 5 | $1,168,000 |
| Q2 2026 | 27 | $935,000 |
| Q3 2026 | 20 | $940,000 |
| Q4 2026 | 10 | $1,027,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Alhambra · Homes for sale in 91803
Closed sales reported in 91803, nearest first, last 12 months. All recent sales in Alhambra →
1342 Edgewood
Contact Stacy Dover
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Contact Listing Agent
Mystic Canyon Real Estate
DRE #01768476
Contact information is not available for this listing.