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1515 W Commonwealth Avenue

Alhambra, CA 91803
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Bed 0

Bed

Bath 0

Bath

SqFt6,392

Sqft

SqFt7,168

Sqft(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 seeking a solid, long-term asset with very low vacancy.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,500,000

AD Id : 75223748

MLS Id : AR26030880

Lot Size : 7,168 Sqft

Living Area Size : 6,392

Year Built : 1951

Garage : 7

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1951
    Building Area Total: 6392
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 7168 Lot Size Acres: 0.1646 Lot Size Source: Assessor Lot Size Square Feet: 7,168 Lot Description: 0-1 Unit/Acre

  • Listing Price Information

    Listing Price: $2500000
    Original Price: $2690000
    Cash, Cash to New Loan

  • Tax Information

    Parcel Number: 5343006001 Tax Lot: 1

  • Parking Information

    Parking Total: 8

    Garage Information

    Has Garage: Yes Garage Space: 7

  • Location Information

    Direction: 1515 W Commonwealth Ave, Alhambra, CA 91803-1606 WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
325 W Ramona, Alhambra, CA, 91803 $1,848,000 7 6 3,705 3,705 SqFt
612 W Ramona Road, Alhambra, CA, 91803 $799,800 2 1 1,241 1,241 SqFt
1010 S Atlantic Boulevard, Alhambra, CA, 91803 $6,000,000 40 -- 19,612 19,612 SqFt
1218 Edith Avenue #E, Alhambra, CA, 91803 $838,000 3 2 904 904 SqFt
1414 W Shorb, Alhambra, CA, 91803 $1,049,000 3 1 1,132 1,132 SqFt
1305 S Ethel, Alhambra, CA, 91803 $998,000 3 2 1,545 1,545 SqFt
1612 Sarazen Drive, Alhambra, CA, 91803 $675,000 2 1 893 893 SqFt
1820 Edgewood Drive, Alhambra, CA, 91803 $1,368,000 3 2 2,107 2,107 SqFt
2148 Edgewood Drive, Alhambra, CA, 91803 $1,278,000 3 1 1,751 1,751 SqFt
2745 S Fremont Avenue, Alhambra, CA, 91803 $2,100,000 -- -- 4,046 4,046 SqFt

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ByOwner last updated this listing 07/26/2026 @ 23:56

MLS: AR26030880 LISTED BY: Donald La, EXP REALTY 626-888-2995 SOURCE: CRMLS

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