$2,690,000

1515 W Commonwealth Avenue, Alhambra, CA 91803

  • 6,392 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1951
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $421/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

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.

Listing Status:
Active
Date Added:
February 11, 2026
Data Last Updated:
February 15, 2026 at 7:06AM
Listing Office:
EXP REALTY : 626-888-2995
Listing Agent:
Donald La : 626-824-8853
MLS ID:
CRAR26030880
  • Laundry: Laundry Room
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: 5343006001
  • Source: CRMLS

This listing courtesy of Donald La , EXP REALTY

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

0.32 miles away

W

William Northrup Elementary School

409 S Atlantic Blvd, Alhambra, CA, 91801

Grades KG-8

0.32 miles away

I

Independence High (Alternative)

20 S Marengo Ave, Alhambra, CA, 91801

Grades 9-12

0.21 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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