1517 Acacia Street, Alhambra, CA 91801
Local realty services provided by:ERA North Orange County Real Estate
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 Street retail and restaurant corridor, award-winning schools, and a vibrant local economy. Priced at approximately $343,438 per unit and $399 per SF....
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Home facts
- Year built:1974
- Listing ID #:PF26174613
- Added:1 day(s) ago
- Updated:August 12, 2026 at 03:05 PM
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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