$2,500,000

1515 W Commonwealth Avenue, Alhambra, CA 91803

3 beds |
2 baths

Multi-Family Home
Built in ——
7,170sqft lot
—— car garage
$——/sqft
Listed 3 months 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:: May 20, 2026 at 7:11AM
Listing Office:: EXP REALTY : 626-888-2995
Listing Agent:: Donald La : 626-824-8853
MLS ID:: AR26030880

Pool: N/K

General: 2 Story

Originating MLS: California Regional MLS
County: Los Angeles

Zoning: Public Rec5343006001

Source: California Regional MLS

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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