43
See all 43 photos
$3,200,000
Est. payment /mo
4 Beds
4 Baths
Price Dropped by $200K
1605 S Atlantic Boulevard Alhambra, CA 91803
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25026504
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Rare 8-Unit Investment Opportunity in Prime Alhambra with Development Potential This exceptional multifamily property consists of two side-by-side parcels totaling 22,978 square feet in the highly desirable Residential High Density (RH) zone of Alhambra. Featuring eight fully occupied units with a combined 6,415 square feet of living space, this asset offers a diverse mix of rental options, including a studio, two 1-bed/1-bath duplexes, an upstairs two-bedroom unit, and two detached single-family homesone of which is a three-bedroom with a basement and private fenced yard. Most units are equipped with in-unit laundry, with the exception of the studio and the upstairs unit, which share a laundry room downstairs. The property includes ample on-site parking, featuring five standalone single-car garages, a two-car garage with an attached studio and upper unit, a carport, and additional off-alley and street parking. The buildings have been well-maintained, and all units are currently rented with no outstanding balances, reflecting strong tenant retention and minimal vacancies. Ideally situated near Pasadena, San Marino, and San Gabriel, this property offers easy access to major freeways, public transportation, top-rated restaurants, entertainment, Dodger Stadium, Hollywood, golf courses, Downtown Los Angeles, Santa Anita, The Rose Bowl, USC, UCLA, Cal State LA, and an array of retail shops and parks. With its prime RH zoning designation, this property allows for a density of 43 units per acre, a maximum building height of 45 feet, and up to five stories, presenting significant r
Location
State CA
County Los Angeles
Zoning Assessor
Direction From I-10 exit Atlantic Blvd. traveling North. Property will be on left side just before reaching Norwood
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Tile/Clay
Building
Story 2
Level or Stories 2
Others
Tax ID 5356016043
Listed by Andrew Homs H & M Realty Group
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