Discover an exceptional investment opportunity in North Alhambra, CA, with this 18-unit apartment complex plus an approved, ready-to-build 1-unit ADU, just two blocks from vibrant Downtown Alhambra. Featuring spacious units with large balconies, 38 subterranean parking spaces, central air, updated plumbing, and an elevator, this secured building offers modern comfort and significant upside potential. Perfectly situated within walking distance to City Hall, shopping, restaurants, and parks, this property combines prime location with convenience, making it an ideal choice for savvy investors or developers looking to capitalize on Alhambra’s thriving market.
Property Details
Price:
$6,000,000
MLS #:
AR25081428
Status:
Active
Baths:
0
Address:
120 W Grand Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
601alhambra
City:
Alhambra
Listed Date:
Apr 15, 2025
State:
CA
ZIP:
91801
Lot Size:
17,517 sqft / 0.40 acres (approx)
Year Built:
1971
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Schools
Interior
Cooling
Central Air
Fireplace Features
None
Heating
Central
Interior Features
Balcony
Exterior
Community Features
Urban
Fencing
None
Garage Spaces
0.00
Lot Features
16-20 Units/ Acre
Parking Features
Assigned
Parking Spots
38.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Stories Total
3
View
Mountain(s)
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity
Map
Community
- Address120 W Grand Avenue Alhambra CA
- Area601 – Alhambra
- CityAlhambra
- CountyLos Angeles
- Zip Code91801
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120 W Grand Avenue
Alhambra, CA
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