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1342 Edgewood

Alhambra, CA 91803
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Bed 0

Bed

Bath 0

Bath

SqFt4,422

Sqft

SqFt6,615

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

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

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Feature Features

  • Interior Features

    Roof: Composition
    Laundry Features: Common Area, See Remarks
  • Heating & Cooling

    Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1979
    Building Area Total: 4422
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: Neighborhood

  • Lot Information

    Main Square Feet: 6615 Lot Size Acres: 0.1519 Lot Size Source: Assessor Lot Size Square Feet: 6,615 Lot Description: 0-1 Unit/Acre

  • Listing Price Information

    Listing Price: $1799000
    Cash, Cash to Existing Loan, Cash to New Loan, Contract

  • Tax Information

    Parcel Number: 5355004011 Tax Lot: 77

  • Location Information

    Direction: E. Fremont, South of Mission, W. Marengo WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1420 S 5th Street #A, Alhambra, CA, 91803 $623,700 2 2 995 995 SqFt
1420 S 5th Street #E, Alhambra, CA, 91803 $679,600 3 2 1,148 1,148 SqFt
1097 S Marguerita #C, Alhambra, CA, 91803 $679,000 2 3 1,273 1,273 SqFt
1022 S Marengo #5, Alhambra, CA, 91803 $699,000 3 2 1,220 1,220 SqFt
2121 El Paseo, Alhambra, CA, 91803 $2,980,000 -- -- 7,389 7,389 SqFt
1818 Garvey Avenue #H, Alhambra, CA, 91803 $799,000 3 2 1,442 1,442 SqFt

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ByOwner last updated this listing 07/20/2026 @ 11:00

MLS: CV25241240 LISTED BY: Stacy Dover, Stacy T. Dover, Broker 626-609-2130 SOURCE: CRMLS

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