Alhambra (601) Homes with Apartment Subtype

Welcome to Alhambra, California—a vibrant city nestled in the heart of Los Angeles County, where rich history meets modern living. Known for its diverse community and charming neighborhoods, Alhambra offers a unique blend of cultural experiences, making it an ideal place to call home.

Alhambra boasts a variety of housing options, particularly in the realm of homes with an apartment subtype. Whether you're a first-time homebuyer, an investor, or looking to downsize, these properties provide the perfect balance of comfort and convenience. Many of these homes feature spacious layouts, updated amenities, and even private outdoor spaces—perfect for enjoying the California sunshine.

Living in Alhambra means you’ll have access to an array of local attractions, from the historic Alhambra Theatre to the bustling shops and eateries along Main Street. The city is also known for its beautiful parks, including Alhambra Park and Granada Park, which offer serene spots for relaxation or family gatherings. With a strong sense of community and a calendar filled with local events, there’s always something happening in this lively city.

Additionally, Alhambra is conveniently located near major freeways, providing easy access to downtown Los Angeles and beyond. Public transportation options are also readily available, making commuting a breeze.

If you’re searching for a home that combines the charm of suburban living with the excitement of city life, Alhambra’s homes with apartment subtypes are waiting for you. Discover your perfect space in this welcoming community today!

Newest Alhambra (601) Homes with Apartment Subtype

$2,675,000

SB26212492 MLS ⋅ Active Status

Please Ignore Low CAP rate & High GRM and go see this Building!!!! Major upside in rents and NO LA City or LA County RSO in the city of Alhambra! Some rents over 50% below market. Seller owned for 40 years.. Make this exceptional asset the trophy of your portfolio! Located in the thriving city of Alhambra, this pride-of-ownership 8-unit apartment complex offers an attractive combination of current income, future upside, and strong tenant amenities. The well-balanced unit mix includes four spacious 2-bedroom units, three 1-bedroom units, and a deluxe 3-bedroom, 2-bathroom unit. The property presents significant rental upside, with annual rent increases available, and is not subject to City of Los Angeles or County of Los Angeles rent-control ordinances. Residents enjoy an impressive array of amenities, including 11 covered parking spaces plus 5 additional open spaces, large private balconies and/or patios, and convenient on-site common-area laundry facilities. The property sits on an oversized 11,797-square-foot lot featuring lush landscaping and a welcoming residential setting. With potential cash flow at the list price, meaningful rental upside, attractive physical characteristics, and a desirable Alhambra location, this is an opportunity to acquire a well-maintained multifamily asset with both immediate appeal and long-term investment potential. A rare combination of pride of ownership, income potential, and location—this is an asset worth taking a closer look at.

326 N Stoneman, Alhambra

$2,680,000

AR26209200 MLS ⋅ Active Status

Prime Alhambra 6-unit investment opportunity! Ideally located just half a block from the vibrant Valley Blvd. and Garfield Ave. Corridor, this well-maintained multifamily property offers an excellent combination of location, condition, and long-term investment potential. Most units have been extensively remodeled, with additional improvements including a roof replaced in 2018 and newer central A/C systems. The property is currently fully occupied with long-term tenants and consistent rental performance. Residents enjoy convenient access to restaurants, shopping, banking, public transportation, and nearby schools. Easy freeway access connects the property to Downtown Los Angeles, USC Health Sciences Campus, Cal State LA, and major employment centers. A rare opportunity to acquire a 6-unit property in a convenient and highly sought-after Alhambra location.

1512 S 3rd Street, Alhambra

$1,450,000

CV26192417 MLS ⋅ Active Status

Constructed in 1951, the property sits on a ±6,250 square-foot lot with a total building size of ±3,125 square feet. Positioned at the intersection of South Bushnell Avenue in central Alhambra, the property benefits from immediate proximity to Valley Boulevard and Fremont Avenue, two of the area's primary retail corridors. The location offers exceptional connectivity, with convenient access to the 10 and 710 Freeways, and is minutes from Cal State University, Los Angeles and approximately 8 miles from Downtown Los Angeles. Neighboring cities include Monterey Park, San Gabriel, and Temple City. The property features an ideal unit mix of two 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units, averaging 781 square feet per unit. Each residence has been thoughtfully updated and features renovated interiors with fully equipped kitchens, updated cabinetry, tile flooring, recessed lighting, upgraded bathroom sinks and showers, split air conditioning units, laminate wood flooring, and vertical blinds. On-site covered parking is available for all residents with ample street parking. The property presents a well-maintained exterior with newer exterior paint and mature, lush landscaping throughout. 221 S Bushnell Avenue is a well-maintained, income-producing fourplex located in one of the San Gabriel Valley's most desirable residential submarkets.

221 S Bushnell Avenue, Alhambra

$2,595,000

WS26181317 MLS ⋅ Active Status

Five units well maintained apartment complex located in super convenient location in the City of Alhambra. Close to Alhambra Shopping Plaza, Main Street, Costco, City Hall, schools, markets, restaurants etc. Easy access to Freeway 10 and Freeway 101. Front unit is four bedrooms, two and half baths, 1498 SF according to appraiser with two car garage. One unit is two bedrooms, two and half baths, 1147 SF according to appraiser. Other three units are two bedrooms and two baths, 1020 SF, 950 SF and 886 SF according to appraiser. The building is separately metered for electricity and gas. Majority of the tenants are long term residents, room to increase rent. Alhambra city does not have local city rent control ordinance. Buyer/agent to verify square footage (lot and units) and all MLS information. Broker and agent do not represent or guarantee accuracy of the square footage, bedrooms/bathrooms count, lot size or lot lines/dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, rent control, or the information concerning the conditions, or features of the property. Buyer/agent are advised to independently verify the accuracy of all information.

241 S Curtis Avenue, Alhambra

$2,045,000

WS26181147 MLS ⋅ Active Status

Five units well maintained apartment complex located in prime area of North Alhambra. Walking distance to many restaurants, stores. Neighborhood markets include 99 Ranch Market, Sprouts Farmers market and Alhambra Farmers Market. Located in extremely strong rental market of West San Gabriel Valley. Front unit is like a SFR, three bedrooms, two baths with 1652 SF. Back building is two one bedroom, one bath and two studios. Majority of the tenants are long term residents, room to increase to increase rent. Alhambra city does not have local city rent control ordinance. Buyer/agent to verify square footage (lot and units) and all MLS information. Broker and agent do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, rent control, or the information concerning the conditions, or features of the property. Buyer/agent are advised to independently verify the accuracy of all information.

320 N Stoneman Avenue, Alhambra

$2,275,000

PW26132504 MLS ⋅ Active Status

Exceptional investment opportunity to own a fully updated five-unit income property with multiple value-add features and excellent cash-flow potential. In addition to the five residential units, the property includes a community laundry room providing additional income and a bonus studio with its own bathroom, currently used as storage but offering flexibility for a variety of uses. The unit mix consists of two spacious 3-bedroom, 2-bathroom units, each featuring a primary suite with its own private bathroom and walk-in closet, along with generously sized secondary bedrooms. A third unit offers 2 bedrooms plus a den that can easily serve as a third bedroom, along with one full bathroom. The remaining two units each feature 1 bedroom and 1 bathroom. All units have been tastefully updated and offer private laundry hookups, vinyl flooring, abundant natural light, granite countertops, remodeled kitchens and bathrooms, and individual wall heating and cooling units. The property also features a gated entrance and a total of nine parking spaces, providing convenience and privacy for residents. Centrally located near public transportation, parks, shopping centers, schools, and major freeways, this prime location offers easy access to Pasadena, San Marino, and Downtown Los Angeles. Whether you are a seasoned investor or looking to expand your portfolio, this turnkey property presents an outstanding opportunity to own a well-maintained asset in a highly desirable and convenient location with strong income potential.

333 N Chapel Avenue, Alhambra

$2,500,000

AR26030880 MLS ⋅ Active Status

A rare opportunity in Alhambra, CA! This 8-unit apartment property, owned by the family 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 3 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.

1515 W Commonwealth Avenue, Alhambra

$1,799,000

CV25241240 MLS ⋅ Active Under Contract Status

Prime 5-Unit Investment Opportunity | Alhambra, CA **Exceptional Income Property with Long-Term Upside** Positioned on a 6,615 sq. ft. lot in one of Alhambra’s most desirable and stable rental markets, this well-maintained five-unit apartment property presents an outstanding opportunity for investors seeking both immediate cash flow and future value-add potential. Ideally located north of the I-10 Freeway, the property benefits from excellent bus connectivity and convenient access to Metro and Metrolink transit, placing it within the type of transit-oriented location increasingly sought after by multifamily and redevelopment investors. The property comprises 4,422 sq. ft. of living space with 9 bedrooms and 9 bathrooms, including: Four 2-bedroom, 2-bath units One 1-bedroom, 1-bath unit All units are tenant occupied on month-to-month agreements, offering flexibility for future investment strategies. Each residence includes assigned on-site parking, and water and trash are currently included in the rent. Additional highlights include: Leased on-site laundry room providing some supplemental income Strong, established rental market Convenient access to Cal State LA, shopping, dining, Downtown Alhambra, Pasadena, and Downtown Los Angeles Excellent commuter location with nearby public transportation Pro forma rental projections reflecting market rates at the time of listing Potential for additional development or expansion (buyer to verify with the City of Alhambra) Whether you’re expanding an established portfolio or purchasing your first multifamily investment, this property offers a compelling combination of stable income, desirable location, and long-term appreciation potential. Investment opportunities offering this blend of location, income, and future upside are increasingly difficult to find in Los Angeles County.

1342 Edgewood, Alhambra

$2,980,000

AR25183409 MLS ⋅ Active Under Contract Status

Rare find with high income potential, a unique opportunity to acquire the 8 unit apartment building located in Alhambra, CA. 2121 El Paseo is close to key amenities including shopping, restaurants and coveted beaches, this building will attract high-income tenants looking for a vibrant downtown lifestyle. At present, this property, fully leased to tenants all current with their leases, is in a unique position because of its outstanding location, its potential for increased income, to be a significant & unique addition to one’s real estate investment portfolio and/or a great 1031 Exchange.

2121 El Paseo, Alhambra

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.