$5,395,000
PENDING

Estimated payment $33,528/month

Total Views 482
6 Beds
6 Baths
15,650 Sq Ft
$345 Price per Sq Ft

Highlights

  • Gated Community
  • City Lights View
  • Midcentury Modern Architecture
  • Park Elementary School Rated A-
  • 0.36 Acre Lot
  • Wood Flooring

About This Home

Stop searching and secure this multifamily asset at 135 N 5th Ave in Alhambra. Located in the heart of Alhambra, it presents an exceptional opportunity for investors seeking a well-positioned, income-generating property in one of the San Gabriel Valley’s most desirable neighborhoods. In today's market, tenants want convenience, and this property delivers it in spades. With an exceptional Walk Score of 89, this building is perfectly positioned to attract and retain quality renters who value a pedestrian-friendly lifestyle. With its central location, strong rental demand, and proximity to major thoroughfares, shopping, dining, and top-rated schools, this property offers both stability and long-term growth potential.

Listing Agent

Yan Wang

PrimeCity Properties Co Brokerage Email: primecitypropertiescosf@gmail.com License #01784399 Listed on: 04/22/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $53,004

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 15,665 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Fence is in fair condition
  • Lawn
  • Front Yard
  • Density is 16-20 Units/Acre

Parking

  • 18 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Midcentury Modern Architecture
  • Apartment
  • Entry on the 1st floor
  • Flat Roof Shape
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 15,650 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Storage
  • Laundry in unit

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Tile Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Home Security

  • Intercom
  • Carbon Monoxide Detectors

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 12
  • Assessor Parcel Number 5338031018

Community Details

Overview

  • No Home Owners Association
  • 18 Units

Amenities

  • Laundry Facilities

Building Details

  • 17 Leased Units
  • Rent Control
  • 18 Separate Electric Meters
  • 18 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $13,955
  • Professional Management Expense $16,069
  • Trash Expense $4,437
  • Water Sewer Expense $9,077
  • Operating Expense $162,936
  • Gross Income $398,397
  • Net Operating Income $234,381

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$53,004

Year Built

Built in 1961 | Remodeled

Lot Details

0.36 Acres

Parking

18

Listing Details

  • Assessments: Yes
  • CapRate: 4.34
  • Professional Management Expense: 16069.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Resident Manager, Automatic Gate
  • View: Yes
  • Water Sewer Expenses: 9077.00
  • Architectural Style: Mid Century Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5338031018
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Intercom, Balcony, Quartz Counters, Ceiling Fan(s), Storage, Stone Counters, Tile Counters, Formica Counters, Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 344.73
  • Room Type: Primary Bedroom, Kitchen, Living Room, Family Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Other Structures: Storage
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Fair Condition
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 18.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage
  • Total Parking Spaces: 18.00

Utilities

  • Utilities: Water Available, Natural Gas Available, Sewer Connected, Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Refrigerator, Gas Range, Gas Oven, Dishwasher
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 4437.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre, Front Yard, Lawn
  • Lot Size Sq Ft: 15665.00
  • Lot Size Acres: 0.3596

Rental Info

  • Tenant Pays: Gas, Parking Fee, Electricity

Multi Family

  • Average1 Bed Area: 725 Square Feet
  • Average2 Bed Area: 955 Square Feet
  • Average3 Bed Area: 1245 Square Feet
  • Average Studio Area: 500 Square Feet
  • Gross Income: 398397.00
  • Gross Multiplier: 13.37
  • Gross Operating Income: 403493.00
  • Gross Scheduled Income: 398397.00
  • Insurance Expense: 13955.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 5096.00
  • Lot Size Area: 15665.0000 Square Feet
  • Net Operating Income: 234381.00
  • Number Of Rented Garages: 18
  • Number Of Separate Electric Meters: 18
  • Number Of Separate Gas Meters: 18
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 17
  • Number Of Units Total: 18
  • Number With Range: 18
  • Number With Refrigerator: 18
  • Operating Expense: 169112.00
  • Rent Control: Yes
  • Total Actual Rent: 34602.80
  • Total Expenses: 162936.00

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 12
  • Tax Annual Amount: 53004.00
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/28/2026 04/28/26 Pending -- -- --
04/22/2026 04/22/26 For Sale $5,395,000 -- $345 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS26041080

California Regional Multiple Listing Service (CRMLS)
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