Prime 5-Unit Investment Opportunity | Alhambra, CA
**Exceptional Income Property with Long-Term Upside**
Positioned on a 6,615 sq. ft. lot in one of Alhambra’s most desirable and stable rental markets, this well-maintained five-unit apartment property presents an outstanding opportunity for investors seeking both immediate cash flow and future value-add potential.
Ideally located north of the I-10 Freeway, the property benefits from excellent bus connectivity and convenient access to Metro and Metrolink transit, placing it within the type of transit-oriented location increasingly sought after by multifamily and redevelopment investors.
The property comprises 4,422 sq. ft. of living space with 9 bedrooms and 9 bathrooms, including:
Four 2-bedroom, 2-bath units
One 1-bedroom, 1-bath unit
All units are tenant occupied on month-to-month agreements, offering flexibility for future investment strategies. Each residence includes assigned on-site parking, and water and trash are currently included in the rent.
Additional highlights include:
Owner-operated on-site laundry room providing supplemental income
Strong, established rental market
Convenient access to Cal State LA, shopping, dining, Downtown Alhambra, Pasadena, and Downtown Los Angeles
Excellent commuter location with nearby public transportation
Pro forma rental projections reflecting market rates at the time of listing
Potential for additional development or expansion (buyer to verify with the City of Alhambra)
Whether you’re expanding an established portfolio or purchasing your first multifamily investment, this property offers a compelling combination of stable income, desirable location, and long-term appreciation potential.
Investment opportunities offering this blend of location, income, and future upside are increasingly difficult to find in Los Angeles County.
**Exceptional Income Property with Long-Term Upside**
Positioned on a 6,615 sq. ft. lot in one of Alhambra’s most desirable and stable rental markets, this well-maintained five-unit apartment property presents an outstanding opportunity for investors seeking both immediate cash flow and future value-add potential.
Ideally located north of the I-10 Freeway, the property benefits from excellent bus connectivity and convenient access to Metro and Metrolink transit, placing it within the type of transit-oriented location increasingly sought after by multifamily and redevelopment investors.
The property comprises 4,422 sq. ft. of living space with 9 bedrooms and 9 bathrooms, including:
Four 2-bedroom, 2-bath units
One 1-bedroom, 1-bath unit
All units are tenant occupied on month-to-month agreements, offering flexibility for future investment strategies. Each residence includes assigned on-site parking, and water and trash are currently included in the rent.
Additional highlights include:
Owner-operated on-site laundry room providing supplemental income
Strong, established rental market
Convenient access to Cal State LA, shopping, dining, Downtown Alhambra, Pasadena, and Downtown Los Angeles
Excellent commuter location with nearby public transportation
Pro forma rental projections reflecting market rates at the time of listing
Potential for additional development or expansion (buyer to verify with the City of Alhambra)
Whether you’re expanding an established portfolio or purchasing your first multifamily investment, this property offers a compelling combination of stable income, desirable location, and long-term appreciation potential.
Investment opportunities offering this blend of location, income, and future upside are increasingly difficult to find in Los Angeles County.
Property Details
Price:
$1,799,000
MLS #:
CV25241240
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
601alhambra
Listed Date:
Oct 25, 2025
Total Sq Ft:
4,422
Lot Size:
6,615 sqft / 0.15 acres (approx)
Year Built:
1979
See this Listing
Schools
Interior
Cooling
WW
Laundry Features
AR, SEE
Levels
U
Exterior
Common Walls
_2CW
Community Features
SDW
Parking Spots
9
Parking Total
9
Roof
CMP
View
NE
Financial
Map
Community
- Address1342 Edgewood Alhambra CA
- CityAlhambra
- CountyLos Angeles
- Zip Code91803
Subdivisions in Alhambra
Market Summary
Current real estate data for Single Family in Alhambra as of Aug 06, 2026
159
Single Family Listed
66
Avg DOM
320
Avg $ / SqFt
$896,496
Avg List Price
Property Summary
- 1342 Edgewood Alhambra CA is a Single Family for sale in Alhambra, CA, 91803. It is listed for $1,799,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1979. The average price per square foot for Single Family listings in Alhambra is $320. The average listing price for Single Family in Alhambra is $896,496.
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