1515 W Commonwealth Avenue
Alhambra, CA 91803
Active for $2,875,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 7,168 sqft
| MLS | WS25000910 |
| Year Built | 1951 |
| Property Type | Apartment |
| County | Los Angeles |
| Status | Active |
| Active | $2,875,000 |
| Structure Size | N/A sqft |
| Lot Size | 7,168 sqft |
| Beds | N/A |
| Baths | N/A |
Description
A rare opportunity in Alhambra, CA! This 8-unit apartment property, on the market for the first time 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 four 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.
Listing information courtesy of: DONALD LA, KW Executive 626-888-2995. *Based on information from the Association of REALTORS/Multiple Listing as of 01/10/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Alex Castaneda
REALTOR®
Direct: 818-818-0186
Email: Email Me
DRE: 02027836
DRE #01873088
.png){kind=small}