$6,000,000

1010 S Atlantic Boulevard, Alhambra, CA 91803

  • 19,612 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1968
  • Property Lot Size Icon0.61acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $306/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

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, and 3 - 1Bed+1bath units 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 consist

Listing Status:
Active
Date Added:
February 7, 2026
Data Last Updated:
February 15, 2026 at 6:06AM
Listing Office:
Realty Investment Advisors, Inc. :
Listing Agent:
Alexander Metaxas : 626-313-4901
MLS ID:
CL26649001
  • Parking: CoveredOtherSide By Side
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: ALRP5350014031
  • Source: CRMLS

This listing courtesy of Alexander Metaxas , Realty Investment Advisors, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

William Northrup Elementary School

409 S Atlantic Blvd, Alhambra, CA, 91801

Grades KG-8

0.36 miles away

W

William Northrup Elementary School

409 S Atlantic Blvd, Alhambra, CA, 91801

Grades KG-8

0.36 miles away

I

Independence High (Alternative)

20 S Marengo Ave, Alhambra, CA, 91801

Grades 9-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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