1342 Edgewood, Alhambra, California 91803
- $1,799,000
Overview
- Apartment, Residential Income
- 4422 Sqft
- 1979
Description
LOOK AT THIS LOT! OUTSTANDING POTENTIAL!!!! Large lot of 6, 615! With BUS CONNECTIVITY & ACCESS TO NEARBY METRO/METROLINK lines, Edgewood sits within the type of TRANSIT CONNECTED LOCATION increasingly sought after by multifamily and redevelopment investors. This is the property you’ve been waiiting for! Prime 5-Unit Investment Opportunity to add extra value to any investment portfolio! An exceptional opportunity for the savvy investor — this 5-unit income property is ideally located north of the 10 freeway in one of Alhambra’s most desirable and stable rental markets. All units are occupied with month to month tenants. Positioned in a high-demand neighborhood, the complex is conveniently close to Cal State LA, local schools, shopping, dining, and major employment hubs in Downtown Alhambra, Pasadena, and Downtown Los Angeles. Proforma reflects current market value at the time of the listing. All tenants have assigned parking, water and trash are included in the rent. This is a FANTASTIC opportunity and a great start for the new investor looking at multi-unit opportunities. Positioned in a fabulous neighborhood and set on a 6, 615 sq. ft. lot, this property offers 4, 422 sq. ft. of total living space with 9 bedrooms and 9 bathrooms across five units. There are four * 2 bed/2 bath units* and one *1 bed/1 bath*. All are spaciously appointed with large living rooms and each unit enjoys on-site assigned parking, a very valuable amenity for tenants in this area. Potential for additional units must be verified with the city. The property also features an **on-site laundry room** with owner-operated machines, providing additional income potential and tenant convenience. With consistent rental demand, a prime commuter location, and solid fundamentals, this Alhambra property presents a rare opportunity to acquire a turnkey asset with long-term upside. Looking for a stable, income-producing property in a proven Los Angeles County market? This one checks all the boxes.
Address
Open on Google Maps-
Address: 1342 Edgewood
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City: Alhambra
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State/county: CA
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Zip/Postal Code: 91803
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Country: US
Details
Updated on June 17, 2026 at 11:32 pm-
Property ID CV25241240
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Price $1,799,000
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Property Size 4422 Sqft
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Land Area 0.1519 Acres
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Year Built 1979
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Property Type Apartment, Residential Income
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Property Status Active
Additional details
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Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Contract
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Roof Composition
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Sewer Public Sewer
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Cooling Wall/Window Unit(s)
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Assigned
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Community Features Sidewalks
Mortgage Calculator
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