1517 Acacia Alhambra, CA 91801
Alhambra AreaEstimated payment $35,839/month
Highlights
- No HOA
- Forced Air Heating System
- Laundry Facilities
- William Northrup Elementary School Rated A-
About This Home
16-unit multifamily investment opportunity in the heart of Alhambra. 1517-1519 Acacia Street features an attractive unit mix of six townhouse-style 2-bed/1.5-bath units, five 2-bed/1-bath units (including two newly constructed 2026 ADUs), one 2-bed/2-bath unit, and four 1-bed/1-bath units, totaling approximately 13,777 SF of improvements built in 1974. Units are individually metered for gas and electricity. The two brand-new ADUs are achieving full market rent, while in-place rents across the remaining units average roughly 10% below market, providing strong day-one cash flow with meaningful organic rental upside: approximately a 5.4% current cap rate and 12.4 GRM, rising to approximately a 6.3% cap rate and 11.1 GRM at market rents, based on the current rent roll and seller expense assumptions. Alhambra is a supply-constrained San Gabriel Valley submarket minutes from Downtown Los Angeles, Cal State LA, and the I-10 and I-710 freeways, with strong renter demand driven by the Main Street retail and restaurant corridor, award-winning schools, and a vibrant local economy. Priced at approximately $343,438 per unit and $399 per SF.
Listing Agent
Keller Williams Realty Brokerage Phone: 8056373623 License #02079387 Listed on: 08/10/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1974
Lot Details
- 17,298 Sq Ft Lot
- Two or More Common Walls
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 13,777 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Additional Features
- Exterior Lighting
- Suburban Location
- Forced Air Heating System
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 5343008030
- $4,606 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 16 Units
Amenities
- Laundry Facilities
Building Details
- 14 Leased Units
- Rent Control
- 16 Separate Electric Meters
- 16 Separate Gas Meters
- Gardener Expense $600
- Insurance Expense $13,777
- Maintenance Expense $11,095
- Professional Management Expense $17,751
- Trash Expense $6,600
- Water Sewer Expense $15,600
- New Taxes Expense $65,940
- Operating Expense $131,363
- Gross Income $443,784
- Net Operating Income $299,107
Map
Tax 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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $67,997 | $5,466,281 | $2,706,080 | $2,760,201 |
| 2025 | $67,997 | $5,359,100 | $2,653,020 | $2,706,080 |
| 2024 | $66,049 | $5,254,020 | $2,601,000 | $2,653,020 |
| 2023 | $65,216 | $5,151,000 | $2,550,000 | $2,601,000 |
| 2022 | $48,847 | $3,880,887 | $1,304,040 | $2,576,847 |
| 2021 | $48,328 | $3,804,792 | $1,278,471 | $2,526,321 |
| 2019 | $46,662 | $3,691,941 | $1,240,551 | $2,451,390 |
| 2018 | $46,801 | $3,619,551 | $1,216,227 | $2,403,324 |
| 2016 | $20,701 | $1,485,040 | $499,172 | $985,868 |
| 2015 | $20,415 | $1,462,734 | $491,674 | $971,060 |
| 2014 | $20,244 | $1,434,082 | $482,043 | $952,039 |
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 |
|---|---|---|---|---|
| 08/10/2026 08/10/26 | For Sale | $5,495,000 | -- | $399 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,050,000 | Western Resources Title | |
| Grant Deed | $1,600,000 | Title 365 | |
| Grant Deed | -- | Title 365 | |
| Grant Deed | $900,000 | Investors Title Company | |
| Grant Deed | -- | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,761,000 | New Conventional | |
| Previous Owner | $1,900,000 | Commercial | |
| Previous Owner | $1,950,000 | Commercial | |
| Previous Owner | $1,040,000 | Commercial | |
| Previous Owner | $1,200,000 | Commercial | |
| Previous Owner | $650,000 | Commercial | |
| Previous Owner | $630,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF26174613
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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