$1,598,000
UNDER CONTRACT

28 Los Higos St Alhambra, CA 91801

Estimated payment $9,465/month

Total Views 1,694
7 Beds
4 Baths
3,158 Sq Ft
$506 Price per Sq Ft

Highlights

  • Golf Course Community
  • Open Floorplan
  • Wood Flooring
  • Martha Baldwin Elementary School Rated A
  • Property is near a park
  • Spanish Architecture

About This Home

A rare and highly sought-after 4-unit configuration in the heart of Alhambra, one of the most popular and stable property types for long-term investment. This well-maintained asset offers strong and steady cash flow with long-term, reliable tenants and very low turnover. Current actual monthly rent income is $10,697 with all lease and documentation, significantly higher than many neighboring comparables. This 4-unit property has been thoughtfully maintained and managed by the owner, keeping it in decent condition. All units enjoy great natural light and functional layouts, and three units have in-unit laundry, making them consistently appeal to renters. The property features two buildings: a standalone front house and a rear triplex, all situated on a wide driveway with easy access and practical parking, ideal for simple, low-maintenance management. Located in a quiet, established neighborhood, this property provides exceptional convenience, Minutes to Downtown LA, perfect for commuter tenants, Close to Pasadena, San Gabriel Valley job centers, and major freeways. Walking distance to parks, schools, and shopping. Situated in one of Alhambra’s safe and well-kept residential pockets. With solid rental income, stable tenancy, and a prime location in the steadily growing and well-planned city of Alhambra, this 4-unit offering is a rare chance to own an investment or live in the front Singal house that performs well today and holds long-term value for the future.

Listing Agent

Rhea Bai

RE/MAX PREMIER/ARCADIA Brokerage Phone: 626-589-7958 License #01360246 Listed on: 12/04/2025

RE/MAX PREMIER/ARCADIA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946 | Remodeled

Lot Details

  • 8,102 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Combination Of Materials Used In The Driveway
  • Assigned Parking

Home Design

  • Quadruplex
  • Spanish Architecture
  • Cottage
  • Entry on the 1st floor
  • Turnkey
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 3,158 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Double Pane Windows
  • French Doors
  • Living Room with Fireplace
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Granite Countertops
  • Quartz Countertops
  • Tile Countertops

Flooring

  • Wood
  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Urban Location

Utilities

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

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 4899
  • Assessor Parcel Number 5347016008
  • $1,355 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 4 Units

Recreation

  • Golf Course Community
  • Park
  • Bike Trail

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,500
  • Trash Expense $924
  • Water Sewer Expense $3,600
  • New Taxes Expense $18,000
  • Operating Expense $27,174
  • Gross Income $128,364
  • Net Operating Income $97,590

Property Details

Home Type

Multi-Family

Year Built

Built in 1946 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s)
  • Water Sewer Expenses: 3600.00
  • Architectural Style: Cottage, Spanish
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5347016008
  • Year Built: 1946
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Open Floorplan, Quartz Counters, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Concrete, Laminate, Tile, Wood
  • Door Features: French Doors
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 506.02
  • Room Type: Kitchen, Laundry, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Features: Lighting
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Concrete, Drywall Walls, Frame, Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Driveway, Driveway - Combination, Concrete, Paved, Garage, Garage Faces Front, On Site, Side by Side
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 924.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Golf, Park, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot, Level, Park Nearby, Sprinkler System, Walkstreet, Yard
  • Lot Size Sq Ft: 8102.00
  • Lot Size Acres: 0.1860

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Average2 Bed Area: 750 Square Feet
  • Average3 Bed Area: 1150 Square Feet
  • Gross Income: 128364.00
  • Gross Operating Income: 124764.00
  • Gross Scheduled Income: 128364.00
  • Insurance Expense: 4500.00
  • Lease Term: 12 Months
  • Lot Size Area: 8102.0000 Square Feet
  • Net Operating Income: 97590.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 27174.00
  • Rent Control: No
  • Total Actual Rent: 11055.00
  • Total Expenses: 27174.00

Tax Info

  • New Taxes Expense: 18000.00
  • Tax Lot: 20
  • Tax Tract Number: 4899
  • TaxOtherAnnualAssessmentAmount: 1355.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $12,813 $1,011,112 $707,781 $303,331
2024 $12,813 $991,287 $693,903 $297,384
2023 $12,750 $971,851 $680,298 $291,553
2022 $12,159 $952,796 $666,959 $285,837
2021 $12,031 $934,115 $653,882 $280,233
2020 $11,969 $925,198 $647,178 $278,020
2019 $11,620 $907,071 $634,489 $272,582
2018 $11,610 $889,300 $622,049 $267,251
2016 $10,692 $854,135 $597,895 $256,240
2015 $10,535 $841,307 $588,915 $252,392
2014 $10,415 $824,827 $577,379 $247,448
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 For Sale $1,598,000 -- $506 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $805,000 Ticor Title Company Of Ca
Interfamily Deed Transfer -- Ticor Title Company Of Ca
Interfamily Deed Transfer -- Orange Coast Title
Grant Deed $590,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $424,800 New Conventional
Previous Owner $412,500 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25266669

California Regional Multiple Listing Service (CRMLS)

APN: 5347-016-008