A prime 5-unit value add deal located in north Alhambra and just steps away from downtown Alhambra on Garfield Ave & Main St. This is the first time this property being offered for sale for more than ±34years. It is situated on Garfield Ave and adjacent to both San Marino and South Pasadena; yet it provides convenience to tenants due to its strategic location just within minutes to many area amenities like shopping (Costco, Target), Alhambra Park, schools, churches, downtown Alhambra on Main Street, and easy access to FWY 10 and FWY 110 via Fremont Ave. This property offers investors an opportunity to buy an easy to manage and rent apartment in the best location of Alhambra. Most tenants are on month-to-month rental agreement providing immediate upside on rent increases. The area does not have any local rent control (it is under California AB1482 rent control). The property is a two-story garden style apartment that was built in 1963. It has an unusual large building size of ±4,226 SF which translates to large average unit size of ±845 SF/unit. It is on a large ±7,490 SF lot. It has an excellent unit mix of one (1) x large 2bed+1bath+den, two (2) x 2bed+1bath, and two (2) x 1bed+1bath units. The 2bed+1bath+den is an unusually large ±1100-±1200SF unit (buyer to verify). Some o
MLS #
CRAR25046580
MLS Source
California Regional MLS
Days on Site
19
Appliances
Oven Range - Gas
Flooring
Laminate
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Wall Furnace
Roof
Shingle
Foundation
Raised
Garage/Parking
Assigned Spaces, Garage: 1 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 5 | – |
Schools | Type | Grades | Distance | Rating |
---|---|---|---|---|
Garfield Elementary School | public | K-8 | 0.18 mi | |
Alhambra High School | public | 9-12 | 0.53 mi | |
Granada Elementary School | public | K-8 | 0.80 mi | |
Park Elementary School | public | K-8 | 0.83 mi | |
Independence High (Alternative) School | public | 9-12 | 0.93 mi | |
Century High School | public | 9-12 | 0.93 mi | N/A |
William Northrup Elementary School | public | K-8 | 1.00 mi | |
Marengo Elementary School | public | K-5 | 1.13 mi | |
Coolidge Elementary School | public | K-5 | 1.19 mi | |
South Pasadena Middle School | public | 6-8 | 1.24 mi | |
San Gabriel High School | public | 9-12 | 1.25 mi | |
Martha Baldwin Elementary School | public | K-8 | 1.27 mi | |
Valentine Elementary School | public | K-5 | 1.45 mi | |
South Pasadena Senior High School | public | 9-12 | 1.54 mi | |
Huntington Middle School | public | 6-8 | 1.55 mi | |
Washington Elementary School | public | K-5 | 1.57 mi | |
Emery Park Elementary School | public | K-8 | 1.64 mi | |
Ramona Elementary School | public | K-8 | 1.66 mi | |
Sierra Vista Elementary School | public | K-6 | 1.69 mi | |
Del Mar High School | public | 10-12 | 1.77 mi |
428 N Garfield Ave is a Residential Income in Alhambra, CA 91801. This – square foot property sits on a 7,493 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,625,000 and was built in 1963.
This address can also be written as 428 N Garfield Ave, Alhambra, CA 91801.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of March 11, 2025. For the most current information, please contact Han Chen, (626) 594-4900