CA > Alhambra
Alhambra, CA 91803,1515 W Commonwealth Avenue
Alhambra, CA 91803,1515 W Commonwealth Avenue
Alhambra, CA 91803,1515 W Commonwealth Avenue
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$2,750,000
Est. payment /mo
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3 Beds
2 Baths
7,168 Sqft Lot
Active

1515 W Commonwealth Avenue Alhambra, CA 91803

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Richard Combs

Richard Combs

+1(619) 838-9307

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS25000910

Bedrooms 3

HOA Y/N No

Lot Size 7,168 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

A rare opportunity in Alhambra, CA! This 8-unit apartment property, on the market for the first time since 1959, offers a prime corner location with parking on both Bushnell Ave and Commonwealth Ave. The unit mix includes six 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, with four units to be delivered vacant, presenting immediate market rent potential. This low-maintenance property features separate gas and electric meters for each unit, a master water meter, and 7 garage parking spaces plus 1 open space. On-site washer and dryer units, owned by the landlord and included in the sale, provide additional income opportunities. Conveniently located within walking distance of Costco Wholesale (0.5 miles) and with easy access to the 710 and 10 freeways, this property is perfect for investors seeking a solid, long-term asset with very low vacancy.
A rare opportunity in Alhambra, CA! This 8-unit apartment property, on the market for the first time since 1959, offers a prime corner location with parking on both Bushnell Ave and Commonwealth Ave. The unit mix includes six 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, with four units to be delivered vacant, presenting immediate market rent potential. This low-maintenance property features separate gas and electric meters for each unit, a master water meter, and 7 garage parking spaces plus 1 open space. On-site washer and dryer units, owned by the landlord and included in the sale, provide additional income opportunities. Conveniently located within walking distance of Costco Wholesale (0.5 miles) and with easy access to the 710 and 10 freeways, this property is perfect for investors seeking a solid, long-term asset with very low vacancy.

Location

State CA

County Los Angeles

Area Alhambra (91803)

Zoning Public Rec

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $233

Acceptable Financing Cash

Space Rent $3,800

Listing Terms Cash

San Diego Regional MLS (SDMLS)
Listed by DONALD LA • KW Executive

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agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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1515 W Commonwealth Avenue

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