$2,875,000
- Beds
- Unknown
- sq ft
- Unknown
1515 W Commonwealth Ave, Alhambra, CA 91803
1515 W Commonwealth Ave
Alhambra, CA 91803
- 16 days on market
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.
Details
Property type
Apartment
Lot size
7,168 sq ft
Price per sq ft
Unknown
Year built
1951
HOA
No
Price History
01/06/2025
CRMLS #WS25000910
Listed
$2,875,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 01/22/2025 at 5:45 AM
Listing updated: 01/19/2025 at 3:45 AM
Listed by: DONALD LA, KW Executive Phone #: (626) 872-2207
MLS: CRMLS #WS25000910
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