1515 W Commonwealth Avenue, Alhambra, CA 91803

Alhambra
Local realty services provided by:ERA Excel Realty
1515 W Commonwealth Avenue,Alhambra, CA 91803
$2,500,000
  • - Beds
  • - Baths
  • 6,392 sq. ft.
  • Multi-family
  • Active
Listed by: donald la
Office: exp realty626-888-2995
MLS#:AR26030880
Source:CRMLS

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$391.11

About this home

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.

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Home facts

  • Year built:1951
  • Listing ID #:AR26030880
  • Added:230 day(s) ago
  • Updated:September 30, 2026 at 02:34 PM

Rooms and interior

  • Living area:6,392 sq. ft.

Structure and exterior

  • Year built:1951
  • Building area:6,392 sq. ft.
  • Lot area:0.16 Acres
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$391.11

Parking

  • Total parking spaces:8
  • Garage:Yes
  • Garage spaces:7
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