1515 W Commonwealth Avenue
Alhambra, CA 91803
0
Bed
0
Bath
6,392Sqft
7,168Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Building Information
Year Built: 1951 Building Area Total: 6,392 -
Pool Features
NoneLaundry Features
Laundry Room
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1646 -
Lot Size Source: Assessor Lot Size Square Feet: 7168
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Listing Price Information
Original List Price: 2,500,000 Listing Contract Date: 2026-02-11 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5343006001
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Other Property Info
Source Listing Status: Active Source Neighborhood: 601 - Alhambra Directions: 1515 W Commonwealth Ave, Alhambra, CA 91803-1606 Source Property Type: Residential Income Area: 601 - Alhambra Property SubType: Apartment -
Building and Construction
Property Age: 75 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1010 S Atlantic Boulevard, Alhambra, CA, 91803 | $6,000,000 | 40 | -- | 19,612 | 19,612 SqFt |
| 1218 Edith Avenue #E, Alhambra, CA, 91803 | $848,888 | 3 | 2 | 904 | 904 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 |
| 1608 Elm Street, Alhambra, CA, 91803 | $1,198,000 | 4 | 2 | 1,719 | 1,719 SqFt |
| 2148 Edgewood Drive, Alhambra, CA, 91803 | $1,328,888 | 3 | 1 | 1,751 | 1,751 SqFt |
| 2309 S Fremont Avenue, Alhambra, CA, 91803 | $725,000 | 3 | 1 | 1,146 | 1,146 SqFt |
| 1705 S Fremont, Alhambra, CA, 91803 | $1,069,000 | 3 | 2 | 1,748 | 1,748 SqFt |
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ByOwner last updated this listing 06/11/2026 @ 05:30
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