Under Contract

1010 S Atlantic Boulevard

Alhambra, CA 91803
Mark as Favorite
Bed 40

Bed

Bath 0

Bath

SqFt19,612

Sqft

SqFt26,722

Sqft(Lot)

RIA and Compass are pleased to offer for sale a well-located 20-unit courtyard-style apartment community in the City of Alhambra, just north of Valley Blvd. The property features spacious units with a desirable mix of 5 - 3Bed+1.5bath, 4 - 2Bed+1.5bath, 8 - 2Bed+1bath, 2 - 1Bed+1bath units and studio appealing to long-term tenants and supporting strong, stable occupancy. The classic courtyard design creates a welcoming, community-oriented feel with a fountain water feature and strong curb appeal. Solid in place rents offer an investor nearly a 5% cap on a well-maintained property. A major highlight of the property is the 37 on-site parking spaces and an enclosed 2-car garage that can used for storage or parking. Seismic retrofitting of the tuck under soft-story parking has been complet ed. The ample parking, combined with the efficient layout and strong unit mix, positions this asset as a compelling long-term hold or value-add investment. On-site laundry room and the community courtyard vibe add to the appeal for the residents.There are no city specific rent control laws and benefits from falling under California AB1482 rent guidelines/limitations. Situated in a sought-after Alhambra location near shopping, dining, transit, and major employment centers, the property benefits from consistent rental demand and strong market fundamentals. This is a rare opportunity to acquire a well-sized, professionally appealing multifamily asset in one of the San Gabriel Valley's most reliable rental markets. Email for OM package or call with specific questions. PLEASE DO NOT DISTURB ANY TENANTS.

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Detail Ic Property Details

Property Type : Residential Income

Price : $6,000,000

AD Id : 75162486

MLS Id : 26649001

Beds : 40

Lot Size : 26,722 Sqft

Living Area Size : 19,612

Year Built : 1968

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 40

    Bathroom Information

    Total Baths: 20 Full Baths: 0 Half Baths: 0

  • Building Information

    Year Built: 1968 Building Area Total: 19,612

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.6135
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 26722

  • Listing Price Information

    Original List Price: 6,000,000 Listing Contract Date: 2026-02-07
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5350014031

  • Garage and Parking

    Garage Description: Covered,Driveway,Side By Side

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: 601 - Alhambra Directions: W Mission Rd & S Atlantic Blvd Zoning: ALRPD* Source Property Type: Residential Income Area: 601 - Alhambra
  • Building and Construction

    Property Age: 58 Year Built Source: Vendor Enhanced Total Square Feet Living: 19612 Levels or Stories: Three Or More
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1218 Edith Avenue #E, Alhambra, CA, 91803 $848,888 3 2 904 904 SqFt
1515 W Commonwealth Ave.., Alhambra, CA, 91803 $2,500,000 -- -- 6,392 6,392 SqFt
611 S Marguerita Ave, Alhambra, CA, 91803 $750,000 2 1 1,474 1,474 SqFt
1414 W Shorb, Alhambra, CA, 91803 $1,049,000 3 1 1,132 1,132 SqFt
2404 Wetherhead, Alhambra, CA, 91803 $950,000 2 1 1,136 1,136 SqFt
1305 S Ethel, Alhambra, CA, 91803 $1,098,500 3 2 1,545 1,545 SqFt
1300 S Date, Alhambra, CA, 91803 $1,090,000 3 2 1,522 1,522 SqFt
2205 W Ramona Road, Alhambra, CA, 91803 $2,580,000 -- -- 7,112 7,112 SqFt
2029 Tracy, Alhambra, CA, 91803 $1,288,000 3 2 2,029 2,029 SqFt
1608 Elm Street, Alhambra, CA, 91803 $1,198,000 4 2 1,719 1,719 SqFt

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ByOwner last updated this listing 06/07/2026 @ 16:05

MLS: 26649001 LISTED BY: Alexander Metaxas, Realty Investment Advisors, Inc. SOURCE: CRMLS

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