Active

1342 Edgewood

Alhambra, CA 91803

$1,799,000 $7,584/Mo

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Overview

Bed

Bath

4,422

Sqft

6,615

Sqft(Lot)

Description

LOOK AT THIS LOT! OUTSTANDING POTENTIAL!!!! Large lot of 6,615! With BUS CONNECTIVITY & ACCESS TO NEARBY METRO/METROLINK lines, Edgewood sits within the type of TRANSIT CONNECTED LOCATION increasingly sought after by multifamily and redevelopment investors. This is the property you've been waiiting for! Prime 5-Unit Investment Opportunity to add extra value to any investment portfolio! An exceptional opportunity for the savvy investor — this 5-unit income property is ideally located north of the 10 freeway in one of Alhambra’s most desirable and stable rental markets. All units are occupied with month to month tenants. Positioned in a high-demand neighborhood, the complex is conveniently close to Cal State LA, local schools, shopping, dining, and major employment hubs in Downtown Alhambra , Pasadena, and Downtown Los Angeles. Proforma reflects current market value at the time of the listing. All tenants have assigned parking, water and trash are included in the rent. This is a FANTASTIC opportunity and a great start for the new investor looking at multi-unit opportunities. Positioned in a fabulous neighborhood and set on a 6,615 sq. ft. lot, this property offers 4,422 sq. ft. of total living space with 9 bedrooms and 9 bathrooms across five units. There are four * 2 bed/2 bath units* and one *1 bed/1 bath*. All are spaciously appointed with large living rooms and each unit enjoys on-site assigned parking, a very valuable amenity for tenants in this area. Potential for additional units must be verified with the city. The property also features an **on-site laundry room** with owner-operated machines, providing additional income potential and tenant convenience. With consistent rental demand, a prime commuter location, and solid fundamentals, this Alhambra property presents a rare opportunity to acquire a turnkey asset with long-term upside. Looking for a stable, income-producing property in a proven Los Angeles County market? This one checks all the boxes.

Property Details

Property Type : Residential Income

Price : $1,799,000

AD Id : 68469960

MLS Id : CV25241240

Lot Size : 6,615 Sqft

Living Area Size : 4,422

Year Built : 1979

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Composition
Cooling Features

Wall/Window Unit(s) Air Conditioning

Building Information

Year Built: 1979 Building Area Total: 4,422 Roof: Composition
Pool Features

None

Laundry Features

Common Area,See Remarks

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1519
Lot Size Source: Assessor Lot Size Square Feet: 6615

Listing Price Information

Original List Price: 1,799,000 Listing Contract Date: 2025-10-17
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5355004011

Garage and Parking

Garage Description: Assigned

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: 601 - Alhambra Directions: E. Fremont, South of Mission, W. Marengo Source Property Type: Residential Income Area: 601 - Alhambra Property SubType: Apartment
Building and Construction

Property Age: 47 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: 1,2 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1601 St Simon Circle #D, Alhambra, CA, 91803	$1,150,000	4	4	1,680	1,680 SqFt
1623 W Glendon, Alhambra, CA, 91803	$1,120,000	4	4	1,680	1,680 SqFt
2121 El Paseo, Alhambra, CA, 91803	$2,980,000	--	--	7,389	7,389 SqFt
1818 W Garvey Avenue #K, Alhambra, CA, 91803	$680,000	3	2	1,442	1,442 SqFt

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ByOwner last updated this listing 06/04/2026 @ 02:02

MLS: CV25241240 LISTED BY: Stacy Dover, KALEO REAL ESTATE COMPANY 626-609-2130 SOURCE: CRMLS