1010 S Atlantic Boulevard, Alhambra, CA 91803
Local realty services provided by:ERA Carlile Realty Group
1010 S Atlantic Boulevard,Alhambra, CA 91803
$6,000,000
- 40 Beds
- 20 Baths
- 19,612 sq. ft.
- Multi-family
- Active
Listed by: alexander metaxas, bo hyeok kim
Office: realty investment advisors, inc.
MLS#:26649001
Source:CRMLS
Price summary
- Price:$6,000,000
- Price per sq. ft.:$305.94
About this home
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....
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Home facts
- Year built:1968
- Listing ID #:26649001
- Added:97 day(s) ago
- Updated:May 17, 2026 at 10:48 AM
Rooms and interior
- Bedrooms:40
- Total bathrooms:20
- Living area:19,612 sq. ft.
Structure and exterior
- Year built:1968
- Building area:19,612 sq. ft.
- Lot area:0.61 Acres
Finances and disclosures
- Price:$6,000,000
- Price per sq. ft.:$305.94
Parking
- Parking description:Covered, Driveway, Side By Side
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