917 Edith Ave Alhambra, CA 91803
Estimated payment $18,049/month
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
KALEO REAL ESTATE COMPANY Brokerage Phone: 626-429-7361 License #01768476 Listed on: 10/25/2025
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
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: CV25241344
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