28 Los Higos St Alhambra, CA 91801
Estimated payment $9,465/month
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
RE/MAX PREMIER/ARCADIA Brokerage Phone: 626-589-7958 License #01360246 Listed on: 12/04/2025
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25266669
APN: 5347-016-008
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