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2721 S Fremont

Alhambra, CA 91803

$1,048,000 $4,418/Mo

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Overview

Bed

Bath

7,331

Sqft(Lot)

Description

**2721–2723 S. Fremont Ave., Alhambra** An attractive four-unit multifamily investment opportunity in the highly desirable City of Alhambra featuring 4- 1 Bedroom, 1 Bath units, this well-maintained property offers stable rental income, long-term tenancy, and an exceptional San Gabriel Valley location with convenient access to major employment centers, universities, medical facilities, shopping, dining, and entertainment. The property features four on-site carport parking spaces—one assigned to each unit—as well as two private storage rooms conveniently attached to the carport. Each unit is equipped with gravity floor heating and features carpet and linoleum flooring, with original hardwood floors beneath the carpet in the living rooms and bedrooms, presenting an opportunity for future interior upgrades and added value. Included appliances consist of four gas stoves, one refrigerator, and one window air conditioning unit. Significant recent capital improvements include updated plumbing throughout all four units in 2025, providing a valuable infrastructure upgrade. Additional exterior enhancements completed in 2024 include fresh exterior paint, a new wood perimeter fence, and a resurfaced driveway. The property also offers low-maintenance landscaping with an automatic sprinkler system. Ideally situated with easy access to Downtown Los Angeles, Cal State LA, USC, and the USC Medical Center, the property is conveniently located near the I-10, I-710, SR-60, and I-5 freeways. Residents also enjoy close proximity to Monterey Park, Pasadena, and Arcadia, with an abundance of restaurants, shopping centers, theaters, parks, and other community amenities nearby. This is an outstanding opportunity for investors seeking a well-located, income-producing asset with stable occupancy, recent capital improvements, and long-term upside in one of the San Gabriel Valley's most desirable rental markets.

Property Details

Property Type : ResidentialIncome

Price : $1,048,000

AD Id : 87069388

MLS Id : AR26141592

Beds : 4

Lot Size : 7,331 Sq. Ft

Year Built : 1950

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Interior Features

CeilingFans, AllBedroomsDown

Roof: Composition

Appliances: GasOven, WaterHeater

Laundry Features: None
Heating & Cooling

Has Heating: Yes Heating: Gravity Has Cooling: Yes Cooling: WallWindowUnits

Building Information

Year Built: 1950

Building Area Total: 2230

Construction Materials: Stucco

Stories: 1

Pool Features: None

Private Pool: No

Lot Information

Main Square Feet: 7331 Lot Size Acres: 0.1683 Lot Size Source: Assessor Lot Size Square Feet: 7,331 Lot Description: ZeroToOneUnitAcre,SprinklersInFront

Listing Price Information

Listing Price: $1048000

Original Price: $1288000

Cash, CashToNewLoan

Tax Information

Parcel Number: 5353019006 Tax Lot: 28 Tax Block: T1S

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 4 Carport

Utility Information

ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Location Information

Direction: S/10 freeway N/Monterey Pass Road WaterSource: Public Security Features: CarbonMonoxideDetectors,SmokeDetectors,WindowBars

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