1515 W Commonwealth Avenue, Alhambra, California 91803
  • $2,500,000
  • $2,690,000

Overview

Property ID: AR26030880
  • Apartment, Residential Income
  • Property Type
  • 7.0
  • Garages
  • 6392 Sqft
  • Area Size
  • 1951
  • Year Built

Description

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.

  • Address: 1515 W Commonwealth Avenue
  • City: Alhambra
  • State/county: CA
  • Zip/Postal Code: 91803
  • Country: US

Details

Updated on May 7, 2026 at 5:03 pm
  • Property ID AR26030880
  • Price $2,500,000
  • Property Size 6392 Sqft
  • Land Area 0.1646 Acres
  • Garages 7.0
  • Year Built 1951
  • Property Type Apartment, Residential Income
  • Property Status Active

Additional details

  • Listing Terms Cash, Cash to New Loan
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Urban

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