M
Seller's Agent in 2025
Matt Ly
Coldwell Banker Realty
(626) 821-1216
25 Total Sales
120 W Grand Ave Alhambra, CA 91801
8
Beds
7
Baths
23,237
Sq Ft
0.4
Acres
Highlights
- Mountain View
- No HOA
- Laundry Room
- Garfield Elementary School Rated A-
- Balcony
- Atrium Doors
About This Home
As of August 2025Discover an exceptional investment opportunity in North Alhambra, CA, with this 18-unit apartment complex plus an approved, ready-to-build 1-unit ADU, just two blocks from vibrant Downtown Alhambra. Featuring spacious units with large balconies, 38 subterranean parking spaces, central air, updated plumbing, and an elevator, this secured building offers modern comfort and significant upside potential. Perfectly situated within walking distance to City Hall, shopping, restaurants, and parks, this property combines prime location with convenience, making it an ideal choice for savvy investors or developers looking to capitalize on Alhambra’s thriving market.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Email: matt.ly@cbcnrt.com License #01441481 Listed on: 04/15/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Lot Details
- 0.4 Acre Lot
- Two or More Common Walls
- Density is 16-20 Units/Acre
Home Design
- Apartment
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 23,237 Sq Ft Home
- 3-Story Property
- Atrium Doors
- Mountain Views
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- 38 Parking Spaces
- 38 Carport Spaces
- Parking Available
- Assigned Parking
Additional Features
- Balcony
- Urban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity
- Legal Lot and Block 14 / B
- Assessor Parcel Number 5337012020
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 18 Units
Amenities
- Laundry Facilities
Building Details
- 18 Leased Units
- Rent Control
- 19 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $2,400
- Fuel Expense $6,000
- Gardener Expense $1,300
- Insurance Expense $8,344
- Maintenance Expense $22,800
- Other Expense $3,561
- Pest Control $1,300
- Professional Management Expense $5,628
- Trash Expense $4,400
- Water Sewer Expense $4,400
- New Taxes Expense $75,000
- Operating Expense $135,146
- Gross Income $5,000
- Net Operating Income $287,778
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | Sold | $5,600,000 | -6.7% | $241 / Sq Ft |
| 06/10/2025 06/10/25 | Pending | -- | -- | -- |
| 04/15/2025 04/15/25 | For Sale | $6,000,000 | -- | $258 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Matt Ly
-
Benjamin Hsiang
Buyer's Agent in 2025
Benjamin Hsiang
Realty Investment Advisors, Inc.
(424) 377-6001
72 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR25081428
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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