$1,788,888
PENDING

Estimated payment $11,087/month

Total Views 4,779
10 Beds
11 Baths
5,951 Sq Ft
$301 Price per Sq Ft

About This Home

We are pleased to present for sale for the First Time Offered in Over 41 Years. This rare long-term ownership asset offers an exceptional opportunity to acquire a pride-of-ownership 5-unit apartment building in one of the most sought-after pockets of the San Gabriel Valley. The property is mostly two story town-home style units, built in 1977, and benefits from newer construction relative to much of the surrounding rental stock, providing investors with durable systems, efficient layouts, and long-term operational stability. This offering represents a rare opportunity to acquire a well-maintained, long-held property with newer construction, an exceptional unit mix, and oversized floor plans all in a high-demand rental market. With clear rental upside and favorable operating conditions, this 5-unit asset stands out as an excellent long-term investment in the heart of the San Gabriel Valley. The property features an excellent combination of spacious 1-, 2-, and 3-bedroom apartments, catering to a wide range of renter demand in the Alhambra market. Many of the units offer multiple bathrooms, a highly desirable feature that significantly enhances tenant retention and leasing velocity. With a total building size approaching 6,000 square feet, the units are substantially larger than typical rentals in the area. These generous layouts provide immediate competitive advantage and offer strong long-term appreciation potential. An opportunity for investors to capture meaningful rental upside through strategic renovations or cosmetic upgrades. Strong local demand combined with the building's oversized units creates a clear path for increased income. The property is only subject to the statewide AB 1482 rent ordinance and is not impacted by any local rent control, offering greater flexibility in executing value-add and repositioning strategies. Situated in a prime Alhambra location just off Garfield Avenue, the property enjoys excellent accessibility and walkability. Residents are within minutes of the shops, restaurants, cafes, and neighborhood conveniences along Main Street, one of the city's most vibrant corridors. The area is known for its strong employment base, stable demographics, and consistently low vacancy rates. Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, Soft-Story Compliance, and the ability to construct ADU(s) or additional units. The property is being offered for sale alongside a portfolio totaling (49 Units) with apartments located in Silver Lake, San Gabriel, and Montebello. Properties can be sold together as a portfolio or individually. DO NOT DISTRUB TENANTS OR WALK ON THE PROEPRTY WITHOUT AN APPOINTMENT WITH THE LISTING OFFICE.

Listing Agent

Eric Dilanian

Remax Commercial and Investment Realty License #01951699 Listed on: 12/19/2025

Co-Listing Agent

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 8,818 Sq Ft Lot

Parking

  • Covered Parking

Interior Spaces

  • 5,951 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 11 Bathrooms

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5345-007-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5951
  • Lot Acreage: 0.2024
  • Stories: 2
  • Year Built: 1977
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 11.00
  • Price Per S Q F T: 300.60

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking

Lot Info

  • Assessed Improvement Percent: 68.74
  • Assessed Improvement Value: 446662
  • Assessed Land Percent: 31.26
  • Assessed Land Value: 203110
  • Total Assessed Value: 649772
  • Assessor Parcel Number: 5345-007-014
  • Lot Size Area: 8818

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.27
  • Number Of Units: 5
  • Type Of Units: Investment

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2026 01/22/26 Pending -- -- --
12/19/2025 12/19/25 For Sale $1,788,888 -- $301 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25629929

The MLS