1517 Acacia Street, Alhambra, CA 91801

Alhambra
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1517 Acacia Street,Alhambra, CA 91801
$5,495,000
  • - Beds
  • - Baths
  • 13,777 sq. ft.
  • Multi-family
  • Active
Listed by: christian mkpado
Office: keller williams realty626-204-3300
MLS#:PF26174613
Source:CRMLS

Price summary

  • Price:$5,495,000
  • Price per sq. ft.:$398.85

About this home

16-unit multifamily investment opportunity in the heart of Alhambra. 1517-1519 Acacia Street features an attractive unit mix of six townhouse-style 2-bed/1.5-bath units, five 2-bed/1-bath units (including two newly constructed 2026 ADUs), one 2-bed/2-bath unit, and four 1-bed/1-bath units, totaling approximately 13,777 SF of improvements built in 1974. Units are individually metered for gas and electricity. The two brand-new ADUs are achieving full market rent, while in-place rents across the remaining units average roughly 10% below market, providing strong day-one cash flow with meaningful organic rental upside: approximately a 5.4% current cap rate and 12.4 GRM, rising to approximately a 6.3% cap rate and 11.1 GRM at market rents, based on the current rent roll and seller expense assumptions. Alhambra is a supply-constrained San Gabriel Valley submarket minutes from Downtown Los Angeles, Cal State LA, and the I-10 and I-710 freeways, with strong renter demand driven by the Main...

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Home facts

  • Year built:1974
  • Listing ID #:PF26174613
  • Added:50 day(s) ago
  • Updated:September 30, 2026 at 11:46 AM

Rooms and interior

  • Living area:13,777 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1974
  • Building area:13,777 sq. ft.
  • Lot area:0.4 Acres
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,495,000
  • Price per sq. ft.:$398.85
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