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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Donald La, DRE #01928418 • EXP REALTY

$ 2,500,000

Est. payment | -/mo

7,168 Sqft Lot

Save

$ 2,500,000

Est. payment | -/mo

Save

7,168 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRAR26030880

Year Built 1951

Lot Size 7,168 Sqft

Source California Regional MLS

Property 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.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Interior

Laundry In Laundry Room

Exterior

Garage Spaces 8.0

Pool None

Building

Water District - Public

Others

Tax ID 5343006001

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

1515 W Commonwealth AVE Alhambra, CA 91803