Property Details
About this Property
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 homes—one 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,
MLS Listing Information
MLS #
CROC25026504
MLS Source
California Regional MLS
Days on Site
43
Interior Features
Appliances
Other
Exterior Features
Roof
Tile
Parking, School, and Other Information
Garage/Parking
Carport, Garage, Off-Street Parking, Garage: 7 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 6 | 8 | – |
School Ratings
Nearby Schools
| Schools | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Marguerita Elementary School | public | K-8 | 0.22 mi | |
| Ramona Elementary School | public | K-8 | 0.35 mi | |
| William Northrup Elementary School | public | K-8 | 0.74 mi | |
| Fremont Elementary School | public | K-8 | 0.96 mi | |
| Ynez Elementary School | public | K-8 | 1.02 mi | |
| Independence High (Alternative) School | public | 9-12 | 1.10 mi | |
| Century High School | public | 9-12 | 1.10 mi | N/A |
| Mark Keppel High School | public | 9-12 | 1.15 mi | |
| Alhambra High School | public | 9-12 | 1.24 mi | |
| Martha Baldwin Elementary School | public | K-8 | 1.25 mi | |
| Emery Park Elementary School | public | K-8 | 1.43 mi | |
| Park Elementary School | public | K-8 | 1.44 mi | |
| Repetto Elementary School | public | K-8 | 1.55 mi | |
| Monterey Highlands Elementary School | public | K-8 | 1.71 mi | |
| Garfield Elementary School | public | K-8 | 1.77 mi | |
| Emerson (Ralph Waldo) Elementary School | public | K-6 | 1.84 mi | |
| San Gabriel High School | public | 9-12 | 1.86 mi | |
| Granada Elementary School | public | K-8 | 1.90 mi | |
| Sierra Vista Elementary School | public | K-6 | 1.95 mi | |
| Monterey Vista Elementary School | public | K-6 | 1.96 mi |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1605 S Atlantic Bld is a Residential Income in Alhambra, CA 91803. This – square foot property sits on a 22,847 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,400,000 and was built in 1947. This address can also be written as 1605 S Atlantic Bld, Alhambra, CA 91803.
©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.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of February 13, 2025. For the most current information, please contact Andrew Homs, (949) 229-2704
