– – – 7,168 1951
Beds Baths Sq Ft Sq Ft Lot Yr Built

Property Details

Neighborhood Map
About this Property

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.

MLS Listing Information

MLS #

CRWS25000910

MLS Source

California Regional MLS

Days on Site

77

Parking, School, and Other Information

Garage/Parking

Garage: 7 Car(s)

HOA Fee

$0

Unit Information
# Buildings # Leased Units # Total Units
1 – –

School Ratings

School data provided by GreatSchools.org
Nearby Schools
Schools Type Grades Distance Rating
Independence High (Alternative) School public 9-12 0.21 mi 4
Century High School public 9-12 0.21 mi N/A
William Northrup Elementary School public K-8 0.32 mi 6
Park Elementary School public K-8 0.55 mi 7
Alhambra High School public 9-12 0.77 mi 8
Emery Park Elementary School public K-8 0.82 mi 5
Marguerita Elementary School public K-8 0.89 mi 7
Garfield Elementary School public K-8 1.02 mi 7
Ramona Elementary School public K-8 1.04 mi 7
Sierra Vista Elementary School public K-6 1.20 mi 9
Fremont Elementary School public K-8 1.31 mi 6
Martha Baldwin Elementary School public K-8 1.37 mi 7
South Pasadena Middle School public 6-8 1.50 mi 9
Marengo Elementary School public K-5 1.53 mi 9
Granada Elementary School public K-8 1.56 mi 5
Cesar Chavez Elementary School public K-6 1.59 mi 3
Sierra Park Elementary School public K-6 1.65 mi 5
South Pasadena Senior High School public 9-12 1.70 mi 10
San Gabriel High School public 9-12 1.77 mi 8
Monterey Hills Elementary School public K-5 1.78 mi 8
Contact Agent

DONALD LA

KW Executive

License #: 01928418

Phone: (626) 888-2995

Neighborhood: Around This Home

Neighborhood: Local Demographics

1515 W Commonwealth Ave is a Residential Income in Alhambra, CA 91803. This – square foot property sits on a 7,168 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,875,000 and was built in 1951. This address can also be written as 1515 W Commonwealth Ave, Alhambra, CA 91803.

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This listing information is up-to-date as of March 11, 2025. For the most current information, please contact DONALD LA, (626) 888-2995