$2,900,000

917 Edith Ave Alhambra, CA 91803

Estimated payment $18,109/month

19 Beds
10 Baths
7,872 Sq Ft
$368 Price per Sq Ft

Highlights

  • No HOA
  • William Northrup Elementary School Rated A-
  • Laundry Room

About This Home

Exceptional 10-Unit Investment Opportunity in Prime Alhambra Location! Location, location, location! This 10-unit complex sits in the heart of Alhambra, one of the most sought-after rental markets in Los Angeles County. The neighborhood offers unbeatable convenience—just minutes from Cal State LA, local schools, shopping, dining, major freeways, public transit, and vibrant Downtown Alhambra. Ideal proximity to Pasadena and Downtown Los Angeles makes this a commuter-friendly and high-demand rental area.

The property features 19 total bedrooms and 10 bathrooms, with covered carport parking and an on-site laundry room providing additional income potential.

Centrally located in a well-established neighborhood surrounded by long-term growth and steady rental demand, this property represents a rare opportunity to own a stable, income-producing asset in the thriving San Gabriel Valley market.

Don’t miss your chance to invest in one of Alhambra’s best multi-unit opportunities!

Listing Agent

Stacy Dover

KALEO REAL ESTATE COMPANY Brokerage Phone: 626-429-7361 License #01768476 Listed on: 10/25/2025

KALEO REAL ESTATE COMPANY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 7,872 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 10 Bathrooms

Parking

  • 10 Parking Spaces
  • 10 Carport Spaces
  • Parking Available
  • Assigned Parking

Location

  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 10 / 15
  • Tax Tract Number 4809
  • Assessor Parcel Number 5350021037
  • $3,509 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 10 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $4,279
  • Fuel Expense $4,279
  • Gardener Expense $843
  • Insurance Expense $2,249
  • Professional Management Expense $10,800
  • Trash Expense $4,279
  • Water Sewer Expense $4,279
  • Operating Expense $54,363
  • Net Operating Income $146,997

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Professional Management Expense: 10800.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4279.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 843.00
  • Parcel Number: 5350021037
  • Year Built: 1962
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 368.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 10.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 10.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 4279.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11969.00
  • Lot Size Acres: 0.2748

Multi Family

  • Electric Expense: 4279.00
  • Fuel Expense: 4279.00
  • Gross Scheduled Income: 201060.00
  • Insurance Expense: 2249.00
  • Lot Size Area: 11969.0000 Square Feet
  • Net Operating Income: 146997.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 54363.00
  • Rent Control: No
  • Total Actual Rent: 201060.00
  • Total Expenses: 54363.00

Tax Info

  • Tax Block: 15
  • Tax Lot: 10
  • Tax Tract Number: 4809.02
  • TaxOtherAnnualAssessmentAmount: 3509.00

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2025 10/25/25 For Sale $2,900,000 -- $368 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25241344

California Regional Multiple Listing Service (CRMLS)