A rare opportunity in Alhambra, CA! This 8-unit apartment property, owned by the family 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 3 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.
Property Details
Price:
$2,690,000
MLS #:
AR26030880
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
601alhambra
Listed Date:
Feb 11, 2026
Total Sq Ft:
6,392
Lot Size:
7,168 sqft / 0.16 acres (approx)
Year Built:
1951
See this Listing
Schools
Interior
Laundry Features
IR
Exterior
Community Features
URB
Parking Spots
8
Financial
Map
Community
- Address1515 W Commonwealth AV Alhambra CA
- CityAlhambra
- CountyLos Angeles
- Zip Code91803
Subdivisions in Alhambra
Market Summary
Current real estate data for Single Family in Alhambra as of Mar 09, 2026
143
Single Family Listed
54
Avg DOM
218
Avg $ / SqFt
$749,358
Avg List Price
Property Summary
- 1515 W Commonwealth AV Alhambra CA is a Single Family for sale in Alhambra, CA, 91803. It is listed for $2,690,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1951. The average price per square foot for Single Family listings in Alhambra is $218. The average listing price for Single Family in Alhambra is $749,358.
Similar Listings Nearby
1515 W Commonwealth AV
Alhambra, CA


